dCity - 3rd edition cards are gone Finally - My Investment in SIM/SWAP.HIVE Liquidity Pool...
Hey All,
So finally the #dcity team has made an announcement with regards to the completion of 3rd edition cards. Now there is no printing of the 3rd edition cards they have all reached their print limit. Gone forever NOW.... You can check the detailed post about it Here. Do we have the new edition of cards underway? Yes that is planned as part of new development in the game. Interim what I see coming first is the Combine Building like Start Up , Castle Ruins and possible others that would require Investor, Architect and other Citizens and buildings to be combined. Lets see things shape up in #dcity with 3rd edition of cards ending and now you can only buy these cards from the internal market. Expect the prices of the cards to rise when we have more details on the citizens and buildings required to combine in order to build/mint a new card in the game.
In the near future, we are considering new developments to the game regarding the introduction of new Cards to dCity and SIM BOX collection drop.
Before, I get any further let me put though this smaller introduction about #dicty...
So What is dCity?
In precise #dCity is a mathematical and trading game based on NFT [non-fungible tokens] available on Hive-Engine. As player you have an option to build your city as you want with a Varity of NFT cards that represents buildings, citizens, technologies that ultimately helps you to earn income in the form of #HIVE and #SIM token which is the in game governance token for the game. Players can also get many cards by playing and being active in the game. Currently by delegating HIVE POWER [HP] one can get the young citizen card for every 500 HP delegated. Along with a chance to win Influencer card and the best part is that you get #SIM token as well for delegating HP at an APR of 3%. Check the full details here on the delegation of HIVE Power to @dcityrewards - Here dCity HP delegation rewards.
In my case I have delegated around 25K HIVE POWER to @dcityrewards and I am getting 50 Young Citizen Cards daily as a reward. If you check the price of Young Citizen card in the market then is it approximately around 1K #SIM - we have a buyer for it. But whereas the seller selling this card is for more than 2K+ #SIM. Now if I just consider the buyer price the 1 Young Citizen will cost you around 1 #HIVE. Rest I leave it to you to do the Math...Coming on to the next point which is::
My Investment in SIM/SWAP.HIVE Liquidity Pool - $640+
I have almost redirected all the liquid #SIM I was holding to the SIM/SWAP.HIVE Liquidity Pool. The current APR in this pool is above 20%; which I think is pretty lucrative. And not to forget the #HIVE rewards you get for HOLDing #SIM is something extra. At the moment I get above 1+ #HIVE for holding close to 5+ Million #SIM tokens. I am targeting 10+ Million #SIM in the pool. I have set this target to have 10+ Million $SIM.. I'll not be able to achieve the same in one go. But the plan is to gradually have the buy order placed for $SIM on a daily basis. So from where does the money come from? Good question; in this case I am planning to leverage my passive earnings here on HIVE blockchain. Ideally I would be looking to trade of my $BEE earnings to be swapped for $HIVE and then buy $SIM from it..that's the plan for now on increasing the SIM holdings on a dally basis and bring the total holding to 10+ Million #SIM... Lets see how this goes, the first pit stop is 5+ Million mark which is quite close and I am sure I should be able to achieve the same in a month or so.... cheers
Why are you here on HIVE? My Answer & Some Random Thoughts...
#dcity #hivegames #blockchain #web3 #sim #defi #freedom #finance #decentralization #liqduity #pool
Have Your Say On - dCity Completion of the 3rd edition cards..
Finally its here the dCity 3rd edition cards are now out of print. Did you grab some Investors cards from the aucion? Do you HODL 3rd edition cards? HODL Vs SELL? What is your overall strategy looking like for your #dcity? Please let me know in the comment section below...cheeers
Best Regards
Image Courtesy:: leofinance, dcity, hive-engine
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..cheer
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