Greetings Everyone 😍
When we talk about the earnings on Hive, without Splinterlands, it feels like something is lacking; that's the reason Splinterlands is like right hand of the Hive economy. If you are on Hive and not playing Splinterlands, then you are not a true hiver. 😆 Jokes apart, here I am gonna share 6 greatest ways to generate solid income using Splinterlands only, and you don't need to go anywhere because our hive is a solution for everything.
Without taking your time, I wanna start sharing those ways, so let's go man🤘.......
Above, I have selected the random battle to show you my earnings of mine from the one battle. In that battle, I got 0.111 sps and 74 glint. This earning depends on how many SPS tokens I staked and how well my performance is in the battle. If you are losing most battles, then your rating does not increase, and rating is everything to earn more sps rewards per battle. 💪Along with the sps reward, you get a glint reward by using that you can use to purchase cards, loot chests, merit, energy, legendary potion, alchemy potions, and more.
And here it is, brawl, and for that, you have to join the guild to start earning SPs and merit. In the above screenshot, right side, below, there is a notification that you have earned 19.669 staked SPs tokens and 692 merits. 🤑You can use those merits to buy more gladiator cards, and SPS earnings are very important here.
I am not playing a tournament, but the data is shocking. A total of $7,611,263 has been awarded so far, and you can see that there are numerous tournaments taking place. Some are free and some are paid. Tournaments are happening daily, providing a great chance to earn a nice income in Splinterlands. You can explore it now.
You may not be familiar with that, but you can place a buy bid by setting up your margin. If you are setting a low margin, then there is a chance that your cards will be bought in a short time by you, and then you can earn profit by selling them in the market, and you have to follow this cycle to generate regular income from this trading. And yes, a good investment is required to start this journey, and yes, risk is involved, but it is considered low-risk trading compared to other assets. Use https://peakmonsters.com/market to start trading now.
Suppose you are not playing in Splinterlands or you have some extra cards, so it is not beneficial to hold them for nothing. The great solution is giving them on rent and earning passive income. Yes, this is easy to do here. I have the Kha'zi Fire Mage card as an example. This card is available for rent, and you can also see dec per day to take this card on rent in the screenshot. Similarly, you can list your card to generate passive income in DEC tokens.
I am buying sps daily, and here you can see I have just gathered 2718 sps tokens, that worth around 23.62 USD, and the good thing is sps token is growing in price.🚀 Here I am earning 10.25% APR just by staking, and do you know I can earn a bonus of 3% to 4% APR on that. wanna know how? let's talk about it.
You can give those staked SPs on rent and earn some extra APR. You have to keep checking the market so when a bid is available, you can fill that with your staked sps.
Now, apart from that, you should know that if you are playing daily, then I don't want to advise you to give your sps on rent because by playing, you can boost your sps earning to the next level. It is much better to play daily.
You can submit 2 entries per week, and there are multiple challenges taking place on Splinterlands, such as the social media challenge, community engagement challenge, and art challenge. Splinterlands has the greatest upvote value that can help you generate a decent income per week. Just create a good post and submit your post to these challenges. Remember, the limit is 2 posts per week in any challenge. By this earning, you can build your deck, buy more SPs to boost earnings.
There are many in-game and external liquidity pools available in the Splinterlands pools section. Remember, investment is required, and also risk is there. You have to check the APR before investing in any liquidity pool. So this is also a passive income source that you can try.
Splinterlands is not just about investment, but there are many more aspects. One-time small investment and then part-buying are the best parts of the strategy. The thing is, you have to be consistent with it, and you will definitely see that you are growing here. Show your support because your support is most important to me, and for that, you have to share, comment, and follow me. Just do not forget to join splinterlands under me so that I can also earn something from you lol...🙂
🤳All the images are taken from Splinterlands and reddit
👉 https://splinterlands.com/register?ref=moinmansuri
