The voucher price is down but still, it is not earning anything for me as of now and since I am not a big spender on Splinterlands then using vouchers would not be useful for me. So thought of converting my voucher to SPS and stake it to get the staking advantage as well as to reach my goal of having 5K SPS as soon as possible.
At first, I moved my Voucher from Splinterlands from Hive Engine and then used the Swap option in Hive-Engine to swap from voucher to SPS.
Got the confirmation as soon as possible and then got a little SPS extra than asked, this is what swap can be useful sometimes.
Moved my SPS from hive-engine to Splinterlands in Game which was in the liquid form.
And then staked everything, so now I have around 3750+ SPS token staked and still 1250 SPS remaining so that I can complete my goal of 5K.
I know, I should have sold my voucher when it was high, but you cannot time the market and when I have seen that I have some vouchers, then moved to the SPS to get an APR of 24% which is quite good. Hopefully in the near future when the SPS price increases, it will be good for me. Till now I have not got a huge SPS from the daily rewards or season rewards, but whatever the case I am continuing to stake all the SPS earned from the game.
The price of the SPS has decreased a lot along with the APR but again it is one of the major currencies of the game and we know when the bull market returns, it will surely give a profit. But again even if the price does not increase much we have the APR which is again quite good.
