For those who may be newer to the game or space, I wanted to take a quick moment to cover how SPS staking actually works. I've gotten quite a few questions on my various content channels and figured maybe it would be good to put the information out there in an organized manner.
Basically, there are 250k SPS tokens given out for staking rewards every day. The amount you get is directly proportional to the amount of SPS you have staked vs the total staked amount. As of today, that APR is just above 37% with about 240M SPS tokens being staked.
Splintercards offers a nice calculator to show how much SPS you would earn from these rewards, as well as showing the APRs at various levels of total SPS staked. At 500M SPS tokens staked, the APR would be 18.3% (20% APY) which is actually more than the total tokens in circulation right now. Obviously, the number will most likely go down further as more long term holders buy SPS and stake, but 18% APR isn't bad compared to traditional finance.
That also doesn't take into account the other benefits you get for staking which as of today include voucher airdrops and tournament elibility. With Riftwatchers coming up in Q2 as well as governance and land, SPS is going to be a highly sought after token as the game continues to grow!
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