GLX Staking Target 100K+ Progressing Well - My Plan Ahead for $GLX....

Hey All,

GLX token which is associated to GENESIS LEAGUE SPORTS a blockchain-based, play2earn gaming platform and the ecosystem is specifically designed for sports games and NFTs. We are almost at the verge of #glx Airdrop ending preety soon. People who have staked their Splintershards ($SPS) which is the governance coin of the game Splinterlands wew eligible for $GLX Airdrop. At the moment, I have a good chunk of $SPS staked and am getting close to 150+ #GLX Airdropped daily. Further more, I have been staking all the $GLX tokens that I receive in a day. May it be via the Airdrop because of staking $SPS or for staking $GLX all the rewards are being redirected to the #GLX staking pool which currently is giving out an APR of above 70% estimated. Also an important point to note here is that, we are just left with only 90 days for staking rewards to be distributed and after that I guess there would be no #glx distributed for staking. If you have $GLX in hand and if you are not staking it on the Genesis league Sports Platform then you are right away missing the staking rewards. On the other hand $GLX is the Governance token for the genesis league sports game, its an added advantage to grab these governance tokens at such a cheap price where currently #glx is trading for $0.007 almost near to its all time low price.

My Current $GLX Stake - 80K+ Staked - Target 100K+ #glx

As observed from the above image, you can see that I have almost 80K+ $GLX staked and almost 80% has been accumulated via the Airdrop and Staking rewards and the remaining 20% has been bought from the open market i.e. from Hive-engine. Its a bit sad to see #glx trading at these low levels. The #glg recently announced the beta launch of the game as well but looks like it didn't bring that much of an excitement which people were expecting and as a result we didn't see any action on the price of #glx. I did give a try to the game and formed my team with the name #deepthreat and tried to played some practice matches but most of the time was waiting for the opponent to join and hence left in between.

It looks like, I am missing something or maybe doing something wrong that is taking so long for the opponent to join the match. I'll have a look at at later but for now my focus is to get to 100K+ #glx staked as fast as possible. In all I have close to 226 cards and out of which 46 cards are gold foil cards. Looking at the internal market for the genesisleaguesports cards, the market is thin with only $100+ worth of cards traded in the last 24 hours. Most of the Gold Foil cards are being sold for $0.50 cents that's at a pretty cheap price. I was hoping to sell some of my gold foil cards and then use that money for buying the #glx token. But considering such a low price for the cards, I am not going in that direction. But rather would be leveraging my other passive income streams here on the HIVE Blockchain to buy #glx token and stake it all. I have a handsome amount of money in $DEC-$SPS liquidity pool and have been growing in on a daily basis where I am redirecting my rental income stream and #sps staking rewards to this pool. Maybe, I'll stop redirecting money here for a while and proceed the earnings to buying #glx. At first, I'll try this for a week and see how it goes and then will follow up to accomplishing my target of having 100K+ #glx staked.. I am hopeful that this strategy of mine #glx will work fine and I am optimistic that I should be able to achieve my GOAL for $GLX pretty easily...cheers...

Have Your SAY on $GLX...

Are you stacking up $GLX... Do you feel that $GLX is going to be the Next Big thing in NFT? What is your strategy looking for $GLX token? Let me know your thoughts in the comment box below... :-)