Hello to my fellow community members,

Friends, since two weeks back, I added some more amount to the Holozing liquidity pools in order to increase my rewards, and I am here to review it. After two weeks, I know the price of ZING token as well as the Hive token has come down, and that is why I always say that liquidity pools are risky, and you should invest only if you are ready to experiment and lose your money in some scenarios.

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But anyways, friends, let us talk about how the rewards have changed in the last few days and whether I am going to continue adding to the liquidity pools or not.

So, first of all, I headed over to my game profile, logged into the account, and saw that I had a few ZING tokens to claim, and I claimed them. You can check the screenshot below. I did not have many rewards there, but I claimed them anyway.

Then, obviously, after that I headed over to TribalDex in order to see what rewards I was receiving in the last few days. Below in the screenshot, friends, you can see that I started receiving 7.2 ZING tokens for the last 3 days, and before that, the amount I used to receive was 6.9. So it is a slight improvement in the number, and the reason for that is obviously the price movement that went down for ZING and Hive tokens.

I then headed over to the Liquidity Pools section to see how my liquidity positions were affected, and they came down from 1.62 USD to 1.04 USD, which is a drop of 37% in the last few days itself. I am sad, but I was ready for it because there is always a probability of losing some money. I am not losing hope because the opposite can happen as well if the price goes up for both the tokens side by side.

I checked when I last updated my Holozing positions, and I could see that 3 weeks back as well as 2 weeks back I added a decent amount of liquidity to the pool. For now, I am going to hold and not add more liquidity to see how the market performs for ZING token in the next few days. I will invest more money, but for now, I am on observation mode. Once I am ready, I am going to invest more, and I will create a blog to tell you why I am doing so.

So friends, to conclude this blog, I want to say that this liquidity pool thing was my first time with Holozing, and before that, I had only read about this topic. So I want to thank this project that motivated me to take part in something like this. Even though I know it is risky, I have learned something. I am going to increase my position only after observing it for the next few days or weeks.

You can leave your suggestions or opinions in the comment section. And that's all for this blog.