I was away for a week time so during this period I was not able to play the battles on splinterlands and even I could not claim my daily SPS drop. Today I did claim SPS tokens and stake them all in my game account so that I can get more voucher tokens. These days boosted voucher tokens drop is going on and its left for 4 days only. I am staking all my SPS to get the current reward of vouchers and since it will continue even after the sale so this is truly a good move to hold more SPS to get more benefits.
Why I am bullish on SPS
I am bulling on SPS because of certain reasons and I expect some great earning opportunities with this SPS stake.
- SPS (Splintershards) is governance token of splinterlands that means everyone who holds an SPS stake will be able to be part of splinterlands future decisions where the community will play a vital role. Usually, governance tokens are valuable because the community has the power to accept or reject the proposal and that's where most of the people try to hold a bigger stake. In simple words, a bigger stake brings more power and the same applies to governance tokens. So with my stake, I am part of the game's governance part and I see it as a long-term investment.
- Splinterlad team has already announced that they are going to bring many earning opportunities for SPS holders. It has already started with voucher tokens and now they are planning to launch another version of packs where SPS holders will be part of this. I expect that this will bring an additional amount of passive income with SPS and this is the reason why I am staking my SPS tokens.
- Its expected that SPS will also be part of the game reward and if ever SPS holding is considered to level up the game then I will be very happy as my stake is not just helping me to earn more ill also help me to play better battles on the game.
- Here is the SPS schedule and things are planned for long term which means we can expect a lot and this is an early stage. Current airdrop is a very small part and major token release will take a few years to be available and this is what makes me believe in the long run.
My Plan with SPS
I have been staking SPS since the beginning and I did not sell it when it was almost at the price of $1 and now when the price is low then I am not going to sell anything. Probably I should have sold some at a higher price and bought back now but I missed that opportunity. Never mind because such things happen in crypto and its better to plan further rather than think about it so I have decided that I will continue to stake SPS daily. I believe on th team and project and the current downtrend is temporary so its high time to ag as much as we can and I will also see if I can add some more tokens through market purchase.
I still feel that its just the beginning of the game and the best of it is yet to come. Although there is a lot to come so I am here to experience many upcoming things on this amazing blockchain-based gaming platform.
Thank you so much.
Stay Safe