Hello friends on Hive.
I am glad to bring to you my advancements in the Splinterlands ecosystem and to encourage those still standing at the fence to do start up somewhere.
The splinterlands ecosystem is full of opportunities for both active and passive participation. There are no excuses whatsoever not to have a niche within the splinterlands ecosystem which any Hive user can identify with.
You can choose to buy and sell cards, buy and sell tokens, play the game actively and even get involved in the newly created genesis League Sports game.
Las week I made a bold step into buying the two governance tokens in the splinterlands ecosystem - SPS and GLX. I staked the GLX tokens and I am surprised how quick my staked GLX is yielding.
The bear season is upon us in the cryptocurrency sector and only those making the tough decision to buy at this time would be happy thereafter.
I noticed that SPS is now just 4 Cents. That looks so cheap. Cheaper than I bought them last week. I decided to swap my HIVE and got more to add to my previous balance. I pooled together 50 SPS for a start of my staking journey.
I've learnt that SPS stakers are receiving daily GLX airdrops. I do not want to miss out too. This is one of the motivations to buy and stake SPS. Moreover, this stake qualifies me to participate fully in splinterlands game governance.
Below are screenshots of the process I followed to stake the 50 SPS.
Transferring 50 SPS from hive-engine to Splinterlands wallet.
Txn link: https://hiveblocks.com/tx/7ee42be8d3e6d68e9b7a9ba8e3309fbce4f114a2
Staking 50 SPS
Txn link: https://hiveblocks.com/tx/785c6b96b45dc009496f189ab6019a691097868c
My SPS dashboard after staking
I now feel at ease and like a bonafide member of the splinterlands community with this commitment. I will watch to see how my SPS staking returns happens as well as my daily GLX airdrop.
I have read that investing in SPS now is a more sustainable deal. i won't be overtaken by the hype around GLX. I will be buying and staking at least 25 SPS weekly till the end of this year. That would mean that at the end of 6 weeks ahead, I would have 150 SPS staked excluding my present balance.
The goal has been to reach 200 SPS staked by the end of the year and I see it is achievable. This will sure increase my GLX rewards which would also be staked for the future.
Maybe I will pray that SPS rate still remains at 4 Cents to make my goal achievable with ease. I will not stop sharing with you my progress report on this investment journey.
Thanks to everyone sharing their investment experiences in Splinterlands. They are a great guide for me.
Splinterlands has become my new found Gaming Addiction.
