How to Get Zing Token
First is staking the Zing coin itself. It's a popular way on any blockchain to stake and earn. The APR for this action is currently at 14%. It keeps downtrending since my last post, surely because more zing is given to player from the rewards. We need to consider few things here :
1.Unstaking period, which takes 28 days on 4 times unstaked progress (25% will unstaked each week);
2.Token price fluctuation, with more coin is on the circulation.
The second way is by delegating hive power (HP). For you that actively writing on hive, you will getting 50% of your rewards as hive power by default. You can use them to get more curation power or, you can simply delegate them to earn more zing token. The APR for delegating Hive Power is on 12%, which will be more than the curation reward.
Last is by Liquidity Pool (LP) which still leading with 36% of APR. Honestly, I don't really understand about the LP and it's impermanent loss risk, so do your own research 😆
But yeah the APR looks great, more than twice than the other way !
My 3rd milestone, 3k Zing Staked
I finally able to stake more than 3.4k Zing, which worth around 10.2 hive based on current asking price at the hive engine.
This is a little ammount for some people, but I'm happy to see my asset growing. Compounding interest could makes our asset snowballing, so yeah, let's keep going!
My next target is 4K, and I don't have any unstaking plans, at least until the game launch. When the game launch, the token should having demand for the game use, and we will see how it's worth later.
After updating my delegation into 500, I also considering to delegate more HP again to pump my delegation rewards and grow faster. Anyway, I past my 3k staked with more zing on it because I forgot to claim them 😂
We can check our reward history on the zing website, here is mine !
Final Words
Note : This is Not a Financial Advice and I'm Not an Advisor. DYOR before investing on anywere!
Put 5% of benefficiary to @indonesianhiver as my support to fellow Indonesian writer on hive and 10% to the zing community.
Meet me on another hive game-verse :
WOO : Visit WOO Website Here
Terracore : Just click this link
Risingstar : Start the journey to become a star here
I also had many active giveaway with each edition of Splinterlands Cards as rewards ! Reach it on my blog !
Mrs. carrieallen for the very useful ULTIMATE Markdown Tutorial
@arcange for keep supporting my post
@oadissin for reblogging my post
Canva and for the free photoshop
All curators and readers that i couldn't mentioned all of your name
~ Thank You ~