I should have unstaked to jump in the pool but for some reason I never gave it any thought until today. I'll have to crunch some numbers and evaluate the risk of purchasing some to participate in the early days of pool rewards.
I have noticed the sales. I didn't bother unstaking to sell, I figured whales with lots of POSH tokens and big delegations would beat me to the punch but surprisingly the ZING token value has held allot stronger than I anticipated. There is some nice trade opportunities to be made for those who have been selling over the past days/upcoming days . I agree about purchasing ZING. My first ten thoughts were don't purchase at these prices but that 11th thought sneaked its way in to claim "but look at that APR".
Early Pool APRs are mythical don't forget. If the token reduces in value by 20 times over the next month or two, which it will, the real APR is going to be nearer 10%.
I should have unstaked to jump in the pool but for some reason I never gave it any thought until today. I'll have to crunch some numbers and evaluate the risk of purchasing some to participate in the early days of pool rewards.
Well someone's got to buy my Zing! Personally I wouldn't buy at the current prices, it'd need another 0 in front before I'd think about it!
I have noticed the sales. I didn't bother unstaking to sell, I figured whales with lots of POSH tokens and big delegations would beat me to the punch but surprisingly the ZING token value has held allot stronger than I anticipated. There is some nice trade opportunities to be made for those who have been selling over the past days/upcoming days . I agree about purchasing ZING. My first ten thoughts were don't purchase at these prices but that 11th thought sneaked its way in to claim "but look at that APR".
Early Pool APRs are mythical don't forget. If the token reduces in value by 20 times over the next month or two, which it will, the real APR is going to be nearer 10%.