Hello readers,
If you are exposed to the crypto gaming world and haven't been hiding under a rock, most probably you have heard about an upcoming #web3 game Holozing that is being built on the Hive blockchain currently and is about to be launched next year. As I have said probably a lot before in my previous blogs, I am really hyped up about this project because as a gamer myself, I really got impressed by seeing what they are actually been doing. Just today I came across a tweet from the official HoloZing account in which it shared a video 3d model of a monster creature that is still in the development phase but gives us a raw idea of how the game will actually look like. Let me just share the tweet below if anyone is interested.
As you can see, it will be a 3D game containing a lot of monster creatures like this one and though the game is still in its early development phase, the team is tireless working the clock to bring out the best 3d game in the entire web3 space and they are sharing their work progress on a regular basis as well, which is certainly increasing the trust upon this project even more. If you are also spent a lot of money and time to find a serious game in the crypto space but only burned your hands so far in this realm full of scams or idle click-only games on top of a faulty DeFi system, I would ask you to visit the project for once and decide yourself whether it has the potential to become the best game of web3 or not.
However, in this post I will talk in detail about how to start earning $Zing token, the main token of this game that just launched about 2 months earlier through participating and investing in the liquidity pool in a step-by-step manner. There are 4 ways to earn Zing tokens as of right now -
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Staking Zing tokens
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HP Delegation
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POSH holding
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Liquidity Pool
Now initially, I have been only focusing on 2 out of 4 of those earning schemes, HP delegation and POSH holding and by continuing those 2 options I have been successful in earning and staking a total of 19.41k Zing tokens so far. Gladly, as I started filling my Staked Zing amount over time, I also started getting a decent amount of Zing tokens from that staked amount as well and currently earning 1.261 Zing per hour or approx 30.264 Zing per day just from my staking rewards.
But, as I am now almost 2 months in this wild game of collecting Zing tokens, I realized that I have been missing the main Zing earning source, the Zing : Swap.Hive Liquidity pool which hives out the maximum return on investment with a whooping 259.14% APR. Leaving the HO delegation option, If anyone wants to spend some liquid tokens to invest and start earning Zing rewards, the liquidity pool is the best option without a doubt. So, I also decided to take part in the liquidity pool. So some days earlier ai managed to have some liquidity and bought 2500 Zing tokens with it, then coupled it with the required amount of swap.hive and added them in the liquidity pool and gladly, I am earning 38.37 Zing tokens just from the liquidity pool alone which is helping me to increase my staked Zing amount even more rapidly now. So, I thought why not make a post about how to invest in the liquidity pool step by step so that it can be helpful to anyone who is interested but does not know the process?
So without further ado, let’s start..
Just follow the easy steps that I shared below to successfully add liquidity to the Zing : Swap.Hive pair and start earning Zing rewards.
Step 1
Go to hive-engine.com, log in with your hive keychain and keep equal value (in USD) of both Zing tokens and Swap.Hive tokens. We will use these 2 tokens as a pair and add them to the liquidity pool to start farming rewards. In my case, I have a total of 2500 Zing tokens and 37 Swap.Hive tokens.
Step 2
Now, head over to holzing.com/rewards official page and look for the Liquidity pool options located just below the HP Delegation option. Here you can see the total amount of Zing and Swap.Hive invested in the pool, your own share and the current APR. Beside the APR, you can see the Details button, just click on it.
Step 3
Upon clicking, it will take you to the TribalDEX webpage. Just log in using your keychain and go to the Add Liquidity tab.
Step 4
Once you are there, click the drop-down below the pool and search Zing : Swap.Hive pair and select it.
Step 5
Next, you can see both the base token (Zing) and the Quote token (Swap.Hive). Just enter the exact amount you want to add to the liquidity or click on the Max button in case you want to use all the liquid Zing amount.
Step 6
After doing so, just click on the Add Liquidity button located at below of the box and sign with your keychain. Remember you must have equal value of both tokens in order to pair them and add to the liquidity pool.
All done and Congrats! You have added your tokens to the liquidity pool successfully. You can check your liquidity positions and rewards generated in the Your Positions tab and can also check your shares on the official Holozing website. Rewards are given out every 24 hours and will be deposited automatically in your connected hive-engine account in liquid form, no need to claim them.
Useful Links
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Official Website - https://holozing.com/
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Hive account - https://peakd.com/@holozing
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Delegation account - https://peakd.com/@zingtoken
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Twitter/X account - https://twitter.com/holozing
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Whitepaper - https://whitepaper.holozing.com/
