My $SPS daily earnings - How much $SPS I stake daily? is that all $SPS enough?

gungunkrishu(81)

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Hey All,

It is always good and recommended to track your rewards on the overall investment made. I was wondering and at the same time curious to know as to how much of $SPS I was making in day via all the rewards mechanics associated to it; may it be staking, providing liquidity for $SPS or for holding in game assets of the game Splinterlands. Lets first dive into the staking rewards along with the holding of the game assets::

My SPS rewards for Staking & Holding In game Assets

As you can see there are two claims to be made for $SPS - one is in the top which is 112+ $SPS is tied to staking rewards for the last 12 hours; so double this amount which will come out to be 224+ $SPS in a day for the staking rewards. Now lets look at the other $SPS claim at the bottom of the page which is rewarded for holding license node, land and nightmare rewards and this accounts to another 177+ $SPS daily.. summing both the totals rewards which is equal to::

224 staking rewards + 171 In game assets rewards = 401 $SPS

When you claim in game assets rewards they directly add up into your SPS staking total so you need not worry to stake these rewards. But whereas the rewards which are claimed for staking is open to either trade or do anything you want with them Or stake them back. In my case currently I am staking back all the $SPS rewards received.

Now comes the rewards for providing $SPS liquidity. Lets check into those numbers as well. But before we get into that, I need to tell that I have provided liquidity for three pools and they are::

$DEC - $SPS = 45+
$PKM - $SPS = 45+
$BNB - $SPS = 60+

If add up all the my liquidity rewards associate to $SPS then will be another 150+ SPS gained on a daily basis. And what I do with these rewards; straight forwards these are stacked back to the $SPS pool as I am targeting a stake of 300K+ SPS staked. Only for the $PKM - $SPS liquidity pool time to time I am redirecting the $SPS here to build this pool further up, right now it stands more than $1200+ worth.

Finally the last part of it associated to the VOUCHER tokens rewards; which I am at the moment swapping for $SPS and staking it as well. I guess here is the last three days of VOUCHER rewards that I need to swap for $SPS. So if add these SPS as well this would be another 5 to 6 SPS more added to my daily SPS earnings. Summing all the total of SPS rewards now this would be::

224 + 171 + 150 + 5 = 550 $SPS daily

How much is 550 $SPS worth today? As of writing this article $SPS is trading around $0.021+ cents; so approximately this would be close to $11+ earnings daily just for holding $SPS and compounding it on a daily basis. And just imagine what the earnings would be when the price of $SPS moons - there was a time when I had a smaller stake and my daily earnings was more than $50 daily; anyways that is past and we must focus on present and I am pretty happy with these $11+ earnings daily at the moment. As a final note my plans are very clear for $PS - I want to get to 300K+ $SPS staked and I am committed to achieving this plan by the end of this Year. I will continue to stake my all SPS rewards on a daily basis and would be looking for opportunities to buy SPS as much as possible - as the more SPS I get my greed for having more SPS further increases; so its like no limit to having SPS at all; grab as much SPS as you can until its being traded for a stealer price at the moment.

My $SPS daily earnings - How much $SPS I stake daily? is that all $SPS enough?

#sps #stake #splinterlands #hivegames #strategy #liquidity #stakingpools #goals #plans #delegation #rewards

Have Your Say on SPS Strategy...

Are you mad over SPS? What is your strategy with SPS? Staking Vs Selling? Continue to Stake or plan to exit? Let me know in the comment section below...