Improve My Delegation for Getting More Zing !

in voilk •  3 days ago

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    Hello everyone, welcome back to Ramadhanight's Hive Blog. In order to get faster reaching my zing staked target, I decide to delegate more HP to mint more zing, let's see how it goes !

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    Investing on Hive and Holozing as an Interesting Option

    Before talking my milestone on Holozing, I would like to talk about investing on hive and holozing itself. This is important to let you know why I'm doing investing there. Hive blockchain is offering different way of earning. HBD saving is the most popular with the stable 20% of APR for a pretty long time. If you are writing on hive, you will get hive power as reward as well, and those HP could generate low ammount of APR if you keep them and curate others.

    Holozing is interesting project with famous on hive people behind it, which makes hive people have more trust than any other games on this chain. The pokemon-like game is having many fans, and I hope that this game could be succesfully as splinterlands or even more to bring the people that are not just from hive, but also worldwide. But before the game is playable, there is a chance to gain benefit in different way on Holozing :

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    First is staking the Zing coin. It's a popular way on any blockchain to stake and earn. The APR for this action is currently at 14,67%. It's keep decreasing, but still better than the APR of keeping own Hive Power. But we need to consider few things here :
    1.Unstaking periode, which takes 28 days on 4 times unstaked progress (25% each week);
    2.Token price fluctuation.
    3.Token in circulation and staked, which will cause in decreased of APR again.

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    The second way is by delegating hive power (HP). This is another great way to invest for me, because we can't lose anything. Unlike the staking that need us to bought token, HP delegation only require the hive power which will always belong to us with relatively stable price than the token itself that usually having great inflation.
    The APR is currently at 15.79% which is slightly above the staking reward

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    Last is by Liquidity Pool (LP). I don't really understand about the LP and it's impermanent loss risk, so do your own research 😆
    But take a look at the APR, it's offer the highest APR with 35,40% of APR at current rate 🤑, more than HBD saving and almost triple than the other way !

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    Delegate More HP, Earn More Zing

    As picture above on delegation APR section, you can see that my delegated HP is now on 500 HP, which is improved more than 60% than my latest 300 delegation. This mean I can mint the Zing faster and earn more while staking it. Since HP generate lower APR, I think this is a great way to earn, but I still want to have some value on the community, so I don't go all in for delegating.
    I also had a mind to buy zing if it's go below the 0.00030400 wall.

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    Final Words

    Thank you for kindly read my post, i hope you enjoyed this post. Do you invest on Zing as well ? Please let me know by put it on comment section!

    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 zing.fund to help the community to grow

    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

    I also had many active giveaway with each edition of Splinterlands Cards as rewards ! Reach it on my blog !


    Credits
    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 ~

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