5th Milestone is Passed, More Than 7.5 Zing Staked

in Holozing Community3 months ago

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Hello everyone, welcome back to Ramadhanight's Hive Blog. It's been a while since I update about my Holozing progress, and there is updates from the dev that reminds me of the game. What was that ? Let's talk about it !

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Updates From The Dev

There is 2 updates about the game from the dev, first is the overview of the game so far, that posted on https://peakd.com/hive-131131/@acidyo/an-overview-of-everything-holozing-so-far. You can check the post to get explanation about the game and it's mechanism. Then there is new updates yesterday about the upcoming updates of the game that posted on https://peakd.com/hive-131131/@holozing/upcoming-updates-to-holozing.

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How to Get Zing Token

Okay, now let's talk about the zing token, the currency of the game. Since there is updates from the dev about more soulbound rewards based on the zing, it's our chance to get them while waiting for the game launch and the zing got it's main utility.

First way to get zing is by staking the Zing coin itself, which is just like popular way on any blockchain to stake and earn. The APR for zing staking action is currently at 22.34% based on the holozing site.

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Despite the high APR, I want to remind you that 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. But also reminds that it's main utility will be there when the game launch.


The second way earning zing token is by delegating hive power (HP). For hive writer actively writing on hive, you will getting 50% of your rewards as hive power by default (you can change them into 100% hive power as well!). You can use those Hive power to get more curation power and curation reward, or you can simply delegate them to earn more zing token. The APR for delegating Hive Power is on 13.65%, which is more than the curation reward.

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Last is by Liquidity Pool (LP) which still leading with 29.58% of APR. But I can't give much explanation about LP because I don't really understand about the LP and it's impermanent loss risk, so do your own research 😆

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My 5th milestone, 7.5 Zing Staked

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I got more than 1.25k delegation rewards that unclaimed, which lead me into 7.78k zing staked.

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I'm happy to see my zing asset is keep growing, especially with those high APR.

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The zing price is pretty stable as well, and my asset is currently around 20 Hive based on the market price. Let's keep snowballing !

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Final Words

Thank you for kindly read my post, i hope you enjoyed this post. Do you invest on Zing as well ? Please let me know by put it on comment section!

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


Credits
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 ~

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This post has been supported by @Terraboost with a 90% upvote! Delagate HP to Terraboost to Earn Daily HIVE rewards for supporting the @Terracore community!

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