How does it sound if we get the free tokens and on top of that we can also earn additional tokens as a staking reward if we stake? This is fantastic and lets me tell you that its possible and we can be part of in Genesis League. Genesis League is growing in terms of further development and they started the airdrop on 25th October 2022.
Everyone likes AirDrop and even I do because it is free money and we all expect as much as we can. Genesis leak has started rewarding GLX tokens for SPS holders from 25th October 2022 so it's been more than 2 weeks. All though the distribution was started there was no dashboard to track the progress. Now finally team has launched it and we can see the balance after comes as well as have the option to deposit.
All the necessary options like sending or receiving tokens have been enabled along with the balance check and even by from the market. It more or less is it is same as SPS but surely not as functional as sps. Hopefully, it will get better with the passes of time as the team will continue to improve the overall interface. I can see the option to take my token but there is no option as they are showing the apr that we can ours. So far I have accumulated more than 700 tokens which I will be taking shortly because I want to see the Apr first.
GLX token air drop is like an additional reward for SPS holders and I have already decided my strategy with this airdrop. This is going to be yearlong distribution and I will continue to accumulate all my tokens..I did the same with the Sps and I am very happy with my decision. I hope that with GLX things will also be happening the same and this will also bring many earning opportunities for the long term. Booking profit is a one-time action that anyone can do but if we want to make the most out of this distribution then I think to take better to hold and wait for the right time.
This token is also available in the market where I can see mixed sentiment after community. I mean to say that almost the same amount of tokens are sold and purchased. It may be because of the initial phase and later things might change.
I was waiting for the staking option and finally, it's here so I will be doing the same shortly. I hope that they will also add the apr percentage so that it's clear what we are going to earn if we deposit. Because the market is down so SPS price is also low these days which I think can be a good opportunity to increase the overall holding.
The market these days is not doing well so in my opinion if we need to buy something then it is suggested to keep a close watch on the market movement. That we can get an even better price later so it is highly suggested not to buy all in one go but rather buy in parts but this is not financial advice anyway. I will continue to monitor the market and whenever I find a worthy opportunity then I will jump to grab it. Splinterlands is my favorite project and I like the way the team works. There is a lot we can see in the future and now is the time when we can make the best use of the opportunity to build. We can't ignore the fact that it offers a bunch of opportunities in play to earn segment.
Thank you
