Believe it or not. Today I have reached a new height in staking SPS. I glad to see my staked SPS. Previously SPS price is high enough for me to buy a few more cards by selling daily airdrop SPS. Now SPS price down to rock bottom. I am not sure the future of SPS. But I am lucky that I can use SPS to buy some products from Splinterlands. Even though it is not very wise to buy Splinterlands products with SPS because SPS price now is very low.
As you see in above image SPS price now is the lowest in three months period. I believe now is the saddle point for SPS. I hope the price will not fall further.
I wonder who still used the feature Convert SPS to convert SPS to DEC. I think it is no longer profitable.
We need to burn 41.7 SPS to get 1000 Dec.
If we sell 41.7 SPS in hive-engine we will get 3.49 Hive.
If we buy DEC using 3.49 Hive we will get 1550 DEC. This is amazing. We need to set aside this function for future use but not now. We need to check the price before we buy something from Splinterlands or converting for one token to another.
Thanks for reading my post. I hope you enjoy it.
