Adding Liquidty to the Zing: Swap.Hive Pool

Greetings to all and sundry on this great community, I would like to welcome you all to my blog today and I am very glad to be an active member here in the community. Before that, I would like to apologize to @acidyo for my previous post where I translated the Whitepaper to a different language, my bad, I didn't know that was frowned upon, and thanks for correcting me and I promise such won't happen again in my subsequent posts. Today, I will be writing about how I joined the liquidity pool today and hope to earn my daily rewards as the days go by.

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So far so good, I have 1K HP delegation to the @zingtoken account and currently earning some sweet ZING tokens every day. As shown from the screenshot below, we can see to it that, the APR for HP delegation is really reducing but that of liquidity is still very high and one can take good advantage of that as soon as possible.

Even with that decrease in APR, I still a pretty nice and sweet Zing rewards I claim every hour. Even though I haven't traced my hourly claim yet since I delegated to the community account but then it's a cool deal for me to be honest.

From Tribaldex I logged into my Hive account using Keychain and also before that I ensured that my Hive that I will be using for the liquidity is ready in Hive Engine as shown below from the screenshot.

From there, I searched for Zing:Swap.Hive and then click on it, from the balance section we can see my SwapHive available to be added to the pool. I decided to add the SwapHive I got in my balance which was 13.8294254 Hive in order to match my available Zing token.

My quote tokens indicate the amount of ZING in total in the pool. We can also see the prices for every Zing or Hive and the equivalent amount of rewards you will need in order to successfully add liquidty to the pool. We have 0.03610715 SWAP.HIVE per ZING and 27.69534565 ZING per SWAP.HIVE at the moment and the 15.47 Hive I would be adding to the liquidity pool will require 398 ZING.

From there, boom I clicked on Add Liquidity, and there you go, my liquidity was added to the pool. This was my first time adding liquidity to any pool, and I am very glad that it was successful. My Hive Keychain was having troubles with my pc so I had to use my mobile to accomplish that process.

As shown from the above screenshot my liquidity is worth 10$ plus and I am hoping to start earning ZING tokens at a 24-hour period. The APR is very crazy at the moment with regards to the APR and I urge everyone to take that advantage before it drops just like that of the delegation rewards.

I would like to use this opportunity to thank you all for your time and attention in reading my post.

Other images taken from Tribaldex

I designed this image using canva

Posted Using InLeo Alpha



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2 comments
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very good, you have a lot of zing in the pool. more than 10 000% in APR 😱😱

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