Hey All,
I used to HODL 5+ Million #SIM which is the governance token of the game dCity. Did I SELL all my #SIM to book profit or there is something else going on here with my all my $SIM tokens. Well let me first clear that I didn't sell any of the #SIM tokens that I was holding but rather I continue to build and accumulate as many #SIM tokens I can. Before we get any further let me put through this smaller introduction about this amazing game #dicty here on the #hive blockchain.
So What is dCity?
In precise #dCity is a mathematical and trading game based on NFT [non-fungible tokens] available on Hive-Engine. As player you have an option to build your city as you want with a Varity of NFT cards that represents buildings, citizens, technologies that ultimately helps you to earn income in the form of #HIVE and #SIM token which is the in game governance token for the game. Players can also get many cards by playing and being active in the game. Currently by delegating HIVE POWER [HP] one can get the young citizen card for every 500 HP delegated. Along with a chance to win Influencer card and the best part is that you get #SIM token as well for delegating HP at an APR of 3%. Check the full details here on the delegation of HIVE Power to - Here dCity HP delegation rewards. With regards to delegation to
then I have delegated around 25K+ HIVE POWER and I am getting 50 Young Citizen Cards daily as a rewards along with 6.8K+ #SIM tokens as well.
Approaching 5 Million #SIM in Liquidity Pool SWAP.HIVE/SIM...
So, Yes here is all that #SIM I was holding that now is parked in the liquidity pool SWAP.HIVE/SIM and I am not that far away from having have 5+ Million #SIM pooled in here with #HIVE. The best part is the most of the #HIVE accumulated here is via my different passive income streams here on the Hive blockchain. The short term target that I had set here was to first add 5 Million #SIM and then work it upwards to having 10+ Million #SIM that is the ultimate goal I have here for the governance token of the game dCity. All this time I was doing it wrong by just holding the SIM. It is better off if you LP it with #HIVE to receive more rewards. I know that I have a very big goal here for #SIM but once I achieve the first part of it then its like I am half way through already. And then with a solid planning where I plan to redirect most of my daily #SIM earnings back to the liquidity pool and at the same time I would be buying #SIM at regular intervals to meet my ultimate goal og having 10+ Million #SIM parked in liquidity pool SWAP.HIVE/SIM. I am optimistic that I should be able to get there with some real hard work and a solid strategy execution plan... cheers
Why are you here on HIVE? My Answer & Some Random Thoughts...
#dcity #hivegames #blockchain #web3 #sim #defi #freedom #finance #decentralization #liqduity #pool
Have Your Say On - dCity governace token #SIM
Do you #SIM HODL Vs SELL? Are you providing liquidity for SIM/HIVE pool - to get the 20% APR and other rewards #HIVE? What is your overall strategy looking like for your #dcity? Please let me know in the comment section below...cheers
Best Regards
Image Courtesy:: leofinance, dcity, hive-engine, beeswap, procanva
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..cheer