(02/24/2023)
As those of you who are on my follow list know I (
*Image Source: Image Flip
SPT is the native token of the HIVE front-end known as Splintertalk. The Splintertalk front-end was created for those who want to blog about the HIVE Blockchain game known as Splinterlands. The more SPT one has staked the more influence one has in the Splintertalk community.
Splinterlands is a blockchain game built on the Hive Network. The game itself utilizes NFT's for game play. These NFT's can be won in battle and/or purchased from the official Splinterlands marketplace or many other secondary markets. Game play rewards players with cryptocurrency and in game assets. Click here to get started with Splinterlands.
Last week I completed a 40,000 SPT power-up as to increase my SPT voting power. Which means bigger SPT votes for the content I vote on (Yours). This week I decided to hit the market and spend the majority of the liquid HIVE I have accumulated from post creation and curation. It isn't allot but every little helps. Today we have purchased and powered up an additional 40,000 SPT. I purchased the SPT using TribalDex but SPT can be found on most all if not all the Hive Blockchain Dex's such as Hive-Engine, BeeSwap and Leodex.
All the liquid SPT this post earns will be burned upon creation of my next SPT Burn Post. (Why Burn SPT?) A good general rule of thumb is the less of something available the more valuable it can be. Burning SPT takes that Burned SPT out of circulation. Which means less SPT available to be placed on the market. The SPT will be burned by using the promote feature which will not only burn the SPT but help bring attention to this Burn Post. (What is liquid SPT?) Splintertalk.io (the front-end for earning SPT) has a 50/50 rewards share on all content posted to its blog site. This means the creators of said content earn 50% of the SPT rewards while the other 50% goes to curators (those who vote on said content). The liquid share is considered the authors share. Meaning I will burn my share of SPT this post earns while you the curators (voters) will still get to keep your share from curation rewards.
