Holo everyone!
We finally did the math on the Zing claimdrop to POSH holders, as of this post, the total amount claimed by POSH holders is 2,236,762 Zing with about half having gone to @poshtoken. To keep things fair and a value 4 value exchange, this amount is nearing the Hive POSH has placed onto Zing before it was announced to kickstart game development.
We did some more math to calculate the median price of Zing since the launch, due to the way we launched Zing, where all the rewards aside from Liquidity provider rewards (which themselves were 2 weeks late) were staked, we decided to skip the first few weeks when counting the median price. This is because there was very little liquid Zing in existence during that time which means very little volume was required to keep the price of Zing high which skewed the median overall price.
Counting the last 60 days of Zing trading, the median price ended up being 0.0182 Hive/Zing.
To give everyone a timely warning we are now writing this post and have set a date for when the POSH claimdrop will end. We decided that it was better to have a specific date rather than being too exact about the total claimed Zing and abruptly ending the claimdrop.
The date has been set for February 1st, 2024. Before this day starts the claimdrop for POSH holdings will end.
We hope you've enjoyed this unique claimdrop and from what we hear, there are more similar ideas planned for @poshtoken shortly. We thank the project for having helped kickstart Holozing and are looking forward to our strategic partnership in the future to promote and sponsor a lot of Zing-related events. Thank you.
Stay tuned by following us on Hive @holozing
Official Hive community:
Peakd - Hive.blog - Ecency - inLeo
Twitter/X --- Reddit --- Discord
Witnesses involved in @holozing if you'd like to support them with your vote:
Post rewards sent to @null.
