HoloZing: A Deep Dive into its Reward Structure and Growth Potential
It has always been interesting to see a new platform or initiative emerge in the Hive ecosystem, particularly the #HoloZing website, which was created roughly two to three years ago.
It was quite exciting, and the earning options were expanded throughout, and there was plenty of opportunity to earn a nice earning from HoloZing.
Due to my busy life and financial circumstances, I was unable to keep in contact with this website or the HoloZing project.
Today, after a long time, I decided to make a post about HoloZing and let me look into some details about this website and the project's statistics.
The holosing.com website is still active, and when you open it, you will notice six options at the top of the page: home, inventory, shop, rewards, fan art, and white paper.
Today I'm going to talk about its reward structure and see what APR they're still offering if you delegate your HP or have a Zing token, and how much you can easily earn from this.
First and foremost, the circulating supply is approximately 99.46 million.
The entire stacked Zing token count is around 86.24 million.
Similarly, the market capitalization is 63.56 K USD.
The market price is about 0.0006, which has dropped in three years. This is a sure sign that the entire crypto market is down, and because Bitcoin's price continues to fall, so has its value.
Also, we can see that the hive is still about 0.2 cents and has not yet risen upward.
This is why the #ZING token is also down in price.
When it comes to earning Zing, you can claim your prizes every day if you've piled Zing or HP.
If I talk about Zing staking, individuals who own Zing tokens will earn roughly 16.93% APR, which is now the highest earning APR.
Furthermore, if you have HP delegated to this community, you will earn approximately 14.61% APR, which remains the best among all other communities.
Right now, #Zing and #LeoFinance are offering the greatest APR to users that delegate their HP to the community.
If you supply liquidity in the Zing/swap.hive pool, you will receive a 35% annual percentage rate return.
Zing now has a liquidity of 10.39 million and 32.66K hive.
If you are familiar with liquidity pools, you can earn an additional best APR of 35%, which is fantastic.
These are the reward mechanisms currently in place.
Many individuals may be wondering why the market price of the Zing token is falling.
This is absolute that the more people will earn #Zing token, the more the amount of tokens, the lower the price will be.
Those that have Zing tokens should not be concerned about their holdings, and they should maintain their tokens closely held because the price will shortly rise.
When will the price rise? When the game begins to launch in the hive ecosystem, like it did with Splinterlands.
As soon as the project officially announces the game, the price will rise and those who hold their tokens will undoubtedly benefit.
I hope this information and data are helpful to you.
I hope you find this post interesting and I hope you will like it. If you like the post, please leave feedback in the comments section so that the next one will be even better. Thank you for sticking with me until the end.
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Yes I also heard about the hollowing game long back and I was interested in hollowing but I could not do it due to lack of funds. Very good post today about hollowing.