Hello WOOmania

Another month, another Zealy event, and here we are now having the new and latest Zealy run in 2023. For you who haven't known it yet, check out this official announcement about WOO ZEALY event here:

https://peakd.com/hive-191258/@woo-events/woo-holiday-zealy-event-1216

First of all, because WOO or Wrestling Organization Online is a #play2earn games on HIVE BLOCKCHAIN, all #play2earn games always talk about monetization. Making Profits, or cash grabbing LoL

Well nothing wrong with that, although that sounds like we are a bunch of materialistic gamers. WOO uses $WOO token as the basic crypto currency for any kind of transaction ingame or outside the game.

In Pay to Win gamings, the strong ones are people who pay a lot to get as many advantages as he can, as long there is a wallet supports him. This happens everywhere, as long we live in this earth. To be strong in WOO, we need to have a stong massive ingame assets, and part of it is the currency $WOO.

It's all start by building up our infrastructure to generate $WOO at our desire level.

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GENERATE WOO

There are two simple ways to generate $WOO, from WOO STAKING and HP Delegation. I am ruling out the Liquidity Pools because there is a risk there called impermanent loss and It's hard to explain that with 2000-3000 words. Let's keep simple things first, not all people like heavy stuffs.

Last Month I already posted about this way, and this is the screenshot from last month:

And for this month, I just made this screenshot:

As you can see, the $WOO staking rewards is increasing from 15,56% to 16,31%. This means people are unstaking the $WOO which leads the number of Staked WOO dropping. My prediction is that people want to play the game, it's just recently released.

To play this game you need $WOO, and to be strong and making a lot of $WOO, you need more $WOO again... to buy cards, to upgrade "organization", to upgrade your land, and many more..

However the HP Delegation rewards are dropping, from 18% to 16%. It sounds bad, doesn't it? Well the truth this means that people prefer this way rather than staking their own $WOO.

HP DELEGATION

Currently it's safe to say this is the most preferred way to generate $WOO by most players. The APR keeps dropping but people keep coming sending their HP delegation. Right now it's 16,27% APR, and I believe it will drop more later. Here's some ideas behind it:

1. HIGHER THAN CURATION Most BIDBOTs or curating services that ask for HP delegation, is giving around 8% from your HP delegation in form of tokens and liquid HIVE, depends on their packages. Even if you do the curation manually yourself, you won't get more than 9% and what you get is HIVE POWER that will need 12 weeks for unstaking / Powering Down
2. WOO is still paying you guys TWICE of the market. Most projects on HIVE only promise people 15% APR for your HP Delegation. $LEO curator only pays back 15% APR, Stickup Curator pays back 15%. My favorite delegation right now, Cryptocompany pays back 13,5% APR. The difference is that those projects give fix rate, and woo is having the floating rate based on the number of delegation and token distributions based on the early proposed whitepaper and tokenomics. So the rate is still good right now.
3. MINIMUM RISK What do you lose here? nothing, if the project fails, you can withdraw your delegation and all your HP is back at full amount. If you bore or lose faith here, just do the same and you get your HP back. You lose nothing here. Well You are still losing some opportunity there, but literally your damage is minimum.

MY HP DELEGATION

I won't talk empty and do nothing here, so as I talk about HP Delegation, I will share here how much I do for this one:

https://hiveblocks.com/tx/3a65e37dead037dc21b72fedcbbc35fb53f25e36

I have decided to set my HP delegation to 500 HP today. Why did I pick this number?

First, this is silly but honestly the right answer... I have some amount of HP and I can afford that number. Personally I think 50 or 100 HP is the minimum delegation to any kind of projects, because lesser than 50 HP, you will get peanuts in return and nothing you can do with those peanuts-value amount of tokens. 100 HP should be better, well atleast that number is something, although it's not great.

Second, with 500 HP delegation, I get into top 30 HP delegator. There are only 28 people who delegate more HP than me. That's good, atleast the amount of $WOO I will get will be above average, and that could help me avoiding become a bottom dweller or feeders in game matches due to consecutive losses

I do not want to be a loser due to not having enough fund to run my Wrestling Team 😂

Ok that's for today. And as I always keep saying this... This is #NFA (Not a Financial Advise) and you must #DYOR (Do Your Own Research) too.

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DEEP-DIVE

WOO stands for WRESTLING ORGANIZATION ONLINE, It's a play to earn TCG with Wrestling as their core theme. This post was made as part of the Zealy Contest which was held to promote the game before the alpha launching.

If you want to deep dive about this game, you can check these items below:

• Website : https://play.wrestlingorganizationonline.com/
• Discord : https://discord.gg/woogame
• TikTok : https://www.tiktok.com/@wrestlingorgonline
• Instagram : https://www.instagram.com/WrestlingOrganizationOnline
• Twitter : https://www.twitter.com/WrestOrgOnline

And don't fotget to check this resources too:

1. WOO Dirt Sheet ~ Whitepaper
2. Token Distribution ~ Tokenomic

Posted Using InLeo Alpha