It has been a busy week for many work in finance and who actively invest.
This is not investment advice, skip to the second Image if you don't want to read some nonsense.
I feel inspired, it has been a wild ride and hopefully you have taken advantage of those once in awhile opportunities and rebalanced your holdings, I too engaged in some tactical asset allocation. If you are anything like me, you have also been buying and selling enough assets to comfortably retire on last week alone. This whole tariff play was so predictable, it was a gift to anyone who applied some critical thinking.
Do not get caught up in the politics, it is a waste of emotions. Speaking of politics I have never been a big believer in investing in Hive from day one, cashed out completely when it was worth 10x as much in ETH five years ago after seeing the ridiculous inflation proposal and the DHF. Alas, the intention of this post is not to brag or tell you about what I'm invested in, crypto is less than a tenth of my trading anyways. And to repeat myself this is by no means to be taken as investment advice.
If you want to go all in on Hive or Zing or anything go right ahead, you might lose all of your investment. I put some pocket change into Zing and powered up some HP just to get restarted because it is a hobby and only boring people don't have hobbies. Posting photo blogs of my travels and cats to look back on is hardly a waste of time. There's also the community :)
That being said, the behaviors of an investor can never leave someone who invests and defi- especially layer 2 tokens on a micro economy like Hive are fascinating to a lifelong student of finance. Zing is going to be a game, just like Crypto tokens are a game, something one should not invest a cent into ever if they can't afford to lose it all. What I aim for is to turn a few bucks into something big and have fun while I am at it. Instead of watching whales, go hunt for whales. I've caught whales and rode a rocket to the moon a few times in the past decade, just any seasoned investor has.
To be honest, I didn't want to share my strategy until I become a Zing Token Millionaire, however at this point it is inevitable.
Meet my strategy.
Going all in on the Liquidity Pool or LP
The yield or APR is typically between 40 and 80%. The delegation APR is a pathetic 6 to 12% and the staking APR has dropped to less than 5%. Earlier I mentioned that betting Tarrif Man is gonna Tariff was a no brainer, well you if you have two brain cells to rub together, you can see that the easiest path to get a lot of Zing is to farm the LP. It is that simple.
When it yields 81.67% it doesn't take much to get to a million Zing. At this rate, you can double your Zing through compounding in less than a year!
I didn't always have a lot of Zing and missed the first month of accumulating it for essentially free. But I caught on quick and first tested out the LP back in January of 2024 (It is always a good idea to test something out you haven't done before in crypto before going all in) and haven't looked back. Went from owning 0.178% of the LP then to 5.71% today. I get a couple thousand Zing per day which means in less than four months, I will be a Zing Millionaire!
To get some Zing, staking used to be a good idea and so was delegating. Now it is not the best strategy to accumulate Zing. The APR is 7.12% which implies that @acidyo and @holozing are not desperate for your HP and probably don't want to see the inflation going to those who just stake it. They are now selling alpha vials to play the game. So you can loan your HP to someone else who is more needy or just curate on Hive and make 10%. You can trade your Hive or other tokens for Zing on the market and I provide liquidity for that :)
I did not get 710,000 Zing from delegating or staking it. Most of it came from the LP. While travelling, I loaned my HP to Zing because hey why not but active trading, farming LP or even blogging/curating is a much quicker path to fortune and glory than lending out HP.
Not on the rich list either because my Zing is staked in the LP. When locking tokens in a LP, be aware that you can lose money from impermanent loss however HoloZing does add 40000 Zing per day to sweeten the deal which goes to the LPs. Source.
A Pro tip is that the yield isn't just on your Zing, it is also on the Hive you have to lock up too. Yes, that's right, if I sold my Zing instead of locking it up for those compounded returns, I'd be getting a 40+ percent return on Hive, like the good ol' days (if there were ever those on Hive.)
Now I am not telling you to go bet the farm, pawn your wedding ring, sell your kids or to invest anything into the Zing LP. I am certainly not telling you to unstake Zing and locking it up in the LP either-I didn't want to share this strategy earlier because I enjoy the high yield.
I just think that the game will be coming online soon and I want to be ready with a million Zing!
Thank you for reading and Good Luck out there!
Here is my link to get started with Zing
https://holozing.com?ref=crypticat
If you need instructions on how to lock Zing in the LP, or are too lazy to look them up, you probably shouldn't be yield farming.
I wouldn't be acquiring one million Zing if I didn't believe in the project. Maybe I will blow it all on the game, or maybe I will flip them for a quick buck when the game is finally released...