One idea is to pool it with HIVE. There's still an APR of 366% in that one which should mitigate that declining price effect.
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One idea is to pool it with HIVE. There's still an APR of 366% in that one which should mitigate that declining price effect.
Sure I am pooling. But price decrease is so fast, that new earned tokens seem to be not able to compensate that in any way...
i'm sure once they get those packs launched, the price will bump up. right now, it's just token earning from delegation etc...they should be getting a product to buy out soon. i hope :)
who will be getting packs released?
Who are we talking about?
well we hope so at least
that is my issue with a ton of current projects, no pull through purchasing to raise or stabilize prices.
This is why we will never have a layer 2 token on any of our games or our new marketplace.
Can't wait to show you guys.
It's massively bleeding out. I don't think they had too much of a strat in place to maintain price points.
Yeah, trying to do some calculations to find out when to exit. Many are getting ZING from HP delegation or POSH staking so it's kinda "free" and all profit - easier to dump at this point.
IF you're selling at the same time**
True, and that's why it's dropping :) it's a game theory thing
nope, imperative loss has been huge on this launch in comparison to other things. Waiting to see if there is something to boost token price
Yeah, I guess we've crossed the limit when IL eats too much of the value while APR is dropping, with 500-600 APR % I was still able to increase the value of LP.
No use cases yet and the fact that ZING is kinda "free" (HP delegation, POSH holding) makes it easier to sell
It's not easy to sell. Unstaking period just leaves many holding the bag. Although we never know what the future holds for it. SPS boomed. I'm keen to follow along
I agree. There are many approaches and strategies to this one. Will be following too, we'll be wiser once a playable game is launched.