SPS is very very undervalued token that presents more than 100% APY after GLX airdrop released..
Genesis League Goals is your pass to collect, compete and earn with officially licensed digital trading cards of players of The Major League Soccer Players Association.
GLX is governance token of Genesis League Goals that will be airdropped in 365 days for who stakes SPS. So, SPS staking APR is not 27% as seen on page. Hidden SPS airdrop rate over 100% for todays GLX price..
GLX price is about 0.21 USD and 3M token has in circulation now. So, Marketcap of GLX is about 600K USD now. This will increase day by day with more airdrop and news about the game. GLX APR is over 6000% and It will decrease day by day..
So, Staking SPS is one of the best way to get more passive income.
There are lots of reason you should invest SPS for staking.
- Price
SPS price is on all time low. After FTX FUD on market, SPS went down and break down uptrend line and trying to find new bottom..
As you see volume above, it is increasing. Someone is picking up discounted SPS on market...
-Low MarketCap
Total marketcap of SPS is only 40M USD. After market prove itself to be safe, All cryptos will recover and SPS may be on the top which can get more value..
-High APR
As I said above, SPS staking rewards APY is over 100%. You can get SPS rewards, Voucher rewards and GLX rewards. This APY is not also relevant to a token price. So, It may be so stable..
Conclusion
As you remember SPS airdrop time, When airdrop began, Card values and DEC value pumped 10x. Because there is only one way to get SPS by holding cards and DEC.
There is also one way to get GLX rewards by staking SPS. So, SPS has not pumped.
Will SPS price pump 10x?
I wouldn't be surprised if it does...