At the moment one can get about 1 GLX for having about 1600 SPS staked. And buying 1600 SPS only costs about $70 at current prices. If we assume that we have an average price of about 20 cents for 1 GLX this means that after one year you would get about $73. In other words, you would get a 100%+ APR. The rate will obviously change, but it is clear that it could make sense to invest into some SPS and stake it as the prices seem to be at rock bottom.
Good to know. Probably like a lot of other people, I have most of my asset locked up in Hive. I hate to take the loss by selling the Hive low to get the SPS, but your data gives me pause to consider. It might be time to load into SPS and stake the GLX for a while. What's the lock up on GLX? Is it 4 weeks like when SPS is staked?