I Reached 7k Staked Zing and Counting..
Hello and Namaste Everyone
These days I make sure that I claim my daily reward in Holojing without miss because of the ongoing campaign. Basically in this campaign, the holozing team is trying to reward more to the community. We do not need to do anything for that except make a claim every day and this is the reason why I try to claim it every day without fail. I admit that earlier I was not regular because sometimes I used to claim a couple of times a day and sometimes once in a couple of days. So this is how it was going and there was number problem at all because whenever I got to know about it or I remembered that I needed to make a claim then I used to do it.
Now after the announcement of this December month's campaign, we will be getting additional rewards and also there will be a surprise reward if we continue to claim every day without a miss. It's just a claim that hardly takes less than a minute and I think we should do it because it is worth it. I'm not talking about the monetary value of the token because I expect that the zinc token value is going to be much higher than we see it now. I don't think it is fair to quantify its value now when we do not know more about the game.
We only know a few basic details about the game as the team itself has not shared much. We also don't know what use case will be in the game for this token but this has already been shared by the team that the use case is going to be great in the game. For any token, the price depends on the token utility so if the token has more use cases in the game then for sure we are going to see more demand for the token which will result in a higher price in the market. Please do not expect the team to be so liberal and cool that they will continue to reward lifetime and I believe that this is going to be a short-term thing. Maybe we are going to see this type of distribution happening for the next few months but surely it will not be for the long term so it is better to grab this opportunity now and earn as much as we can.
My Zing Token Holding
Just now I have claimed the reward and below is the updated balance which shows that as of now I have 7.06k Zing tokens in my wallet. I started my journey almost one and a half months back and in this time I have over seven thousand tokens which I think is pretty good for me. I was not able to join from day one because I thought that I was not eligible and this is the reason why I missed about two weeks. I'm happy that even though it was late still I joined and I could accumulate some tokens. So I am happy to have whatever I have as of now and I have also bought the tokens from the market. Currently, the staking reward is pretty good and it is more than 70% so I think this is worth accumulating more tokens and anyway, we are getting rewarded for that.
Overall APR
I also take you through the different APR options that we are earning in the game as of now in different ways. I have already shared in my previous post that there are four options that we can avail to earn Jing tokens but I have enabled only three for me. The fourth one which I'm not part of with liquidity pool and I did not do it because I'm not familiar with the liquidity providing mechanism. People do it and they earn a good amount of rewards but because I'm not familiar and this is a risky part so I thought of not jumping into that. Despite the fact, that I'm not part of it but still, I'm getting a good number of tokens in a day and I'm happy with this.
Now coming back to the different APR, I believe with staking we can still earn an APR of over 70% which is great. Even the APR with Porsche balance is great but I do not have a bigger balance so I don't think it is great for me. There is a reduction in the HP delegation and even it is down for the liquidity pool as compared to what we have seen a few weeks back.
Overall the growth of this game in terms of community adoption is going well and I can see a lot of people sharing their thoughts and experiences about the game. Any game can be great if it has a bigger community and I expect that we are going to see a bigger community getting involved with this game and that is what we all need. People outside the hive blockchain will also be part of the game but Hive is also a bigger community so we need more people to come and join us and build their holdings. I'm also looking forward to seeing some updates coming from the game about their first sale which is planned to happen this month. But as of now, they haven't shared any date or more about it so I look forward to seeing that soon.
Website- https://holozing.com/
(Images are taken from the game website where the source is not stated)
Thank you so much
Stay Safe
Posted Using InLeo Alpha