Well... As I told you on my previous blog post, I told you that i love this project and I can't afford to missed out as it happened to me on some other projects, few weeks ago I start Holozing with 350HP delegation and now am taking to another dimension where I bought 1,618 ZING token to have a place in building my stake behind this project, and more are still coming through staking and delegation, since I found future in this project.
Well as matter of fact, it be wise that i explain what staking is all about, because it may be looking strange to some other people who are novice in the cryptocurrency and Blockchain technology, I think is ideal to detail it for people to have more understanding of what we are doing here the Blockchain technology.
As a matter of fact staking is regarded as the concept behind the Blockchain technology which basically works on a protocol known as consensus algorithm program such as proof-of-stake (PoS). Through this mechanism, participants stake their Cryptocurrency as collateral in order to partake in the network validation.
This staking of ZING is is a process that enhance the network security and validation which are made possible by locking up participant token for a period of time, all depending of the duration that is chosen, the participant that stake there token are known as the validators, their works of the validators is just to verify the block while new ones are created, with that process there. "All work without play makes Jack a dull boy" so they are incentivized and rewarded with additional cryptocurrency as we have ZING.
In ZING which is a related to gaming project, staker has the right to benefit from the proposed decision that is working within the zolozing project network. Meanwhile the more staking the more the prince is being enhanced in general as much as when there is more stake you have as validator the more you reward you which are dependent on the amount of staking you made on the Holozing project.
The process and the procedure is just simple like ABCD, just follow this guideline and get it right while you enjoy the the rewarding that comes from it, I promise you the rewarding from Holozing is special and their Annual Percentage Rate (APR) is quite good and worth Investing upon.
To start this process go straight to be Beeswap and more recommend your keychain application browser deposited your token on Hiveswap after logining in with your username and password head to to your wallet and make the selection of Swap.Hive to ZING token and insert the the amount to buy
Then proceed to confirm it and below show swapped ZING token after that process as shown below
Head to Holozing official web address on your reward dashboard with a page with claim rewards, ZING staking, HP Delegations, Liquidity Pool and Posh baland, then from the available menu select staking and click on stake as shown below.
Impute the amount of ZING and click on stake to proceed to the next option to confirm the transaction, boom... Your ZING token is Staked, then refresh the page to see if it has not reflected as my is showing that I bought 1,618 ZING and stake all as shown Below.
You can now see it is easy and in under 5 Minutes with a fast internet network you are done, just easy and simple, meanwhile let's look into why you need to stake and benefit from ZING token.
As matter of fact, ZING starter are liable to benefit a lot from this initiative as their portfolio is bag up with ZING token, below are the benefits coming from staking of ZING
• The staker is known to be the validator as I have the chance to gain from the distribution of reward as a contributor to the chain in order to secure and validate transaction within the network chain, meanwhile we are rewarded with the new minted token as validator.
• Stank on Zing is another way of increasing and doubling staked amount gradually instead of relying on price appreciation, although it enhances it sometimes, for we long term Investor we are main to earn regularly as keep holding on with ZING token.
• ZING staking can help to secure the network security which enhance the integrity of the Holozing project network which is achievable through staking that stabilize the ZING price by enhancement and it parent token, which increase our portfolio of staking as the price is enhanced.
• This can give you an edge over taking advantage over the forthcoming game project of it that is coming soon which is part of the benefits in influence in governance, hence the more stake accumulated the more influence you have in the system.
• In some cases it helps to retain your token by Hodling (Holding) which is based on locking up your ZING token for a period selected time which is term to be a long term trading which is considered as the top contributor of ZING price Increase.
In a nutshell staking is good and profitable if at all you can lay hands upon good projects like the Holozing project which is quite open to a lot of benefits as we anticipate when the game project is launched soon.
Hence staking with Holozing with your ZING token gives you leverage over some benefiting attached to it and staking in a whole on the other hand based on its mechanism as a decentralized platform the more offering the more returns as rewards.
I urge you to take part in this if you can, locking some of your token helps the project and everyone to grow together to greater heights where this project can be recognized and announced well.
Keep Holozing...
REFERENCE
Screenshot 1
Screenshots 2
Zolozing Site
Buy ZING
