6th Milestone, 10k Zing Staked Passed !
How to Get Zing Token
First way to get zing is by staking the Zing coin itself, which I think is the most popular way on any blockchain to stake and earn. The APR for zing staking action is currently at 18.22% based on the holozing site.
It's a quite high APR and higher than our stable coin HBD that is currently having 15% of APR, but I want to remind you that we need to consider few things here :
1.Unstaking period, which takes 28 days on 4 times unstaked progress (25% will unstaked each week);
2.Token price fluctuation, with more coin is on the circulation. But also reminds that it's main utility will be there when the game launch.
The second way earning zing token is by delegating hive power (HP). It's the unique way on our chain to have our hive power delegated to earn return. For hive writer actively writing on hive, you will getting 50% of your rewards as hive power by default (you can change them into 100% hive power as well!). You can use those Hive power to get more curation power and curation reward, or you can simply delegate them to earn more zing token. The APR for delegating Hive Power is on 10.94%.
Last is by Liquidity Pool (LP) which still leading with 27.95% of APR. But I can't give much explanation about LP because I don't really understand about the LP and it's impermanent loss risk, I think many people already familiar with LP, but I suggest you to do your own research 😆
My 6th milestone, 10K Zing Staked
I finally managed to get past 10K Zing staked. My income are mostly comes from the delegation reward, and some minor reward from the staking and achievement.
I'm happy to see my zing asset is keep growing, especially with those the APR that is higher than the HBD.
The zing price is pretty stable as well, and my asset is currently around 26 Hive based on the market price. I expect for higher price when the game launch, so Let's keep snowballing !
Final Words
Note : This is Not a Financial Advice and I'm Not an Advisor. DYOR before investing on anywere!
Put 5% of benefficiary to @indonesianhiver as my support to fellow Indonesian writer on hive and 10% to the zing community.
Meet me on another hive game-verse :
WOO : Visit WOO Website Here
Terracore : Just click this link
Risingstar : Start the journey to become a star here
Dcity : https://dcity.io/info
Mrs. carrieallen for the very useful ULTIMATE Markdown Tutorial
@arcange for keep supporting my post
@oadissin for reblogging my post
Canva and for the free photoshop
All curators and readers that i couldn't mentioned all of your name
~ Thank You ~
Congratulations, your post has been curated by @dsc-r2cornell. You can use the tag #R2cornell. Also, find us on Discord
Felicitaciones, su publicación ha sido votada por @ dsc-r2cornell. Puedes usar el tag #R2cornell. También, nos puedes encontrar en Discord