Hey All,
We all would love to see the price of the token that we #HODL trade at a higher price. Unfortunately its a bit sad to see Splintershards (SPS) aka #SPS which is the governance token for the game Splinterlands trading around its all time low price. Is this our last opportunity to grab as many #sps as we can before it starts the upward movement? Well in my case I continue to grow my #sps stake and by saying that I mean it as I #HODL quite a decent amount which at the moment is somewhere around 276K+ #SPS staked which is yielding an APR of above 15% and there is more to it when you count the #GLX tokens being Airdropped as well.
The major factors driving my #sps stake is via different multiple streams from which I am earning/receiving $SPS on a daily basis. The major one as pointed out is via staking #sps and the others are from two pools which are $SPS-$DEC and $PKM-$SPS. The other sources of getting me #sps is via HOLDing in game assets like Land, Validator License Node and Nightmare rewards. If, I were to sum up all the #sps rewards then I can happily say that I get around 350+ SPS daily via the reward mechanism. Here is the snapshot of my $SPS-$DEC liquidity pool with almost 800K #DEC in the pool. Than plan is to continue to grow this pool until I touch 1+ Million #DEC in the pool.
At the other end I am also trying to increase my stake in PKM:SPS pool trying to have 50K+ #SPS added and so far my stake in the pool is around 34K+ #SPS. Overall the journey so far has been around building, holding and accumulating as many #sps I can.
One thing which I lacked here is that I didn't do any bulk purchase of $SPS in last couple of months. I have this GOAL for #sps where I am targeting to have 300K+ #sps staked and as you can see I am pretty close to achieve this milestone. Ok I guess this was it all about my #sps current stake and plans ahead. Lets now look at the possibility of a comeback for the price of $SPS.
Yes, I know $1 is too far away when we are seeing #sps trade for a cent at the moment. But the real thing is that will we start to see the reverse trend for #sps from here on or not? With land 1.5 available on mav test servers and last Town Hall Summary which you can find Here things have started to expedite here on #Splinterlands. Definitely its going to be an exciting time ahead with the land release to all the players. Not to forget about #dec at one point will only be able to be minted by burning #sps and once this kicks in we would definitely see some moment in the price of #sps. One or two other sinks for #sps can further raise the demand of this precious token #sps. So altogether, I am pretty much excited how things further shape up for #sps from here on. Here in the game we have all that is needed for a token to skyrocket its just that the time has not come for #sps but I am optimistic that we should see #sps moon soon....fingers crossed.. cheers
What is your $SPS strategy looking like? Did you buy $SPS at the low levels? #HODL Vs Staking your $SPS? Are you selling VOUCHERs DECs? OR planning to buy more packs? How is your $SPS GOAL looking like?
#sps #strategy #splinterlands #SPS #Stake #rewards #liquidity #defi
Best Regards
Image Credits:: splinterlands, pro canva license, beeswap
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..cheers
