I have managed to treble my stake in zing in the past 7 days.
I had orders for Zing set at reasonable prices, but others kept increasing by a small amount and not of people sold this week, so i was stuck just checking in, and nothing changed.
I GOT BORED!!!
After watching nothingness for days, i decided to just buy some off the market.
I ended up buying 11k at a reasonable price and then added them to the liquidity pool.
0.18% of the pool i not too shabby for 1 week in.
That is 18% of my initial target. If the prices remain similar over the coming months, i feel like a higher percentage is achievable.
The apr was around 50% earlier this week, and now it is at 57%
I could be wrong, but that would suggest some stakes have been withdrawn from the pool.
Currently, i will be earning 70 zing a day from the pool(this does vary)
I am comfortable at buying at these prices.
I have orders pending for 20k zing
So let's see how the coming week unfolds.
