Over $100 In The Zing Liquidity Pool
hive-131131·@theawesononso·
0.000 HBDOver $100 In The Zing Liquidity Pool
<div class="text-justify"></div class="text-justify"> <center></center> Holo Everyone! The last time I made a post in this community, I wrote about [how I had invested $28 into the zing.swap.hive liquidity pool](https://peakd.com/hive-131131/@theawesononso/zing-token-investment-updates-and-goals). In the same post, I also mentioned that my goal was to have up to $500 invested in the pool in a couple of months. Of course, this is easier said than done but I am really determined to do it. On that note, I recently added over $90 worth of tokens to the pool to bring the sum to $116. <center></center> At some point, this amount was up to $122 but these tokens are still volatile even in the pool. Something to keep in mind if you ever want to be a liquidity provider. So yes, I have added over $100 worth of liquidity to this pool and the rewards have been pouring in. In the past week, I have earned almost $5 worth of zing from the pool rewards. It's not very glamorous but it is something. <center></center> Last week, I owned just a measly 0.06% of the liquidity pool but now my share is up to 0.21%. It feels nice owning a two decimal place percentage of the pool but something that does not feel so nice is the reducing APR of the liquidity pool. When I initially decided to become a liquidity provider, the liquidity pool provided an APR of over 230%. In the past two weeks this APR has been reducing consistently and right now it it 173%. <center></center> 173% is still a lot. In fact, any APR above 100% is significantly high. Still, it hurts when these values go down. If I were a newbie in the crypto space, I would probably have been discouraged from reaching my $500 goal but, given my experience, I'm just going to focus on my goal. Of course, I expected these numbers to come down as time goes by. I am not that naive. I expect the numbers to go even lower than this which is why I need to take advantage of it as much as I can. In the next couple of weeks, I should have put $300 in the pool and accelerated my growth. I really hope it works out as I have planned. As the APR for the liquidity pool has been reducing, things have been more favorable for the Posh Token APR. I have been observing these numbers and there was a time it was as high as 220%. Right now, the APR is up to 247% which is just insanely significantly higher than the others! <center></center> It's possible that these numbers have come up because the [zing-posh claimdrop will be discontinued very soon](https://hive.blog/hive-131131/@holozing/important-announcement-considering-the-zing-posh-claimdrop). I'm not very good with the math on how APR is calculated but it's possible that the APR is high because not too many people hold poshtoken. I can't say for sure. I do hope that when the claimdrop ends, we would see some gains in the liquidity pool numbers. I guess we'll just have to wait and see. <br>  ### <center><div class="phishy">More Exciting Things</div></center> So, we've been told that the starter pack sale will kickoff in the not so distant future. Also some items have been revealed on the [Holozing page](https://hive.blog/@holozing/posts). I have been able to find out that the price of a pack is expected to be $20 with chances for discounts. <center></center> I really can't wait for the starter pack sale to begin. From [this post](https://peakd.com/hive-131131/@acidyo/starter-pack-thoughts-and-details-non-official), the sale would probably last a couple of months which I think is a fair amount of time to let people snatch as much packs as they can. I am also looking forward to the "collection rewards" that will come with buying packs. Speaking of rewards, the [referral program](https://hive.blog/hive-131131/@holozing/referral-program-is-live) is an exciting new development in this game. I was wondering when we'd get a program like this and we finally did. Since I found Holozing through Acidyo's tweet, I set him as my referrer account. <center></center> I'm not a great referrer by any metric. As you can see, I have zero referred accounts but I hope to change that. So, if you're looking to join Holozing, you can use my referral link **https://holozing.com?ref=theawesononso** or just login to **https://holozing.com/** and add theawesononso as referrer account. See you there :) <br> ***  <center><div class="phishy">**Thanks for your time!**</div></center>  Posted Using [InLeo Alpha](https://inleo.io/@theawesononso/over-100-in-the-zing-liquidity-pool)