When we have the tendency to invest into a project, likely the reason is we believe in that project. When it comes to staking an asset for long term into that project we further have faith that in near future it is going to give us a decent return on our investments. I consider myself lucky enough to go through different projects (especially in crypto) which offered me lucrative ROI's over the years of my investments. Among them one project which I love the most is, HIVE based investments! Lets talk about one of them.
I currently have various plans to achieve in the year 2023. To name a few in Hive Blockchain HIVE-Power, HBD in Savings, SPS, GLX, LEO, SPT. There are certain aspects where I want to reach before the year ends. So far the plan is going smooth. I have added another edition of increasing my stake into the game. AKA I have started to accumulate GLX token of Genesis League Sports.
GLX
Currently, there are different steps that the game is under going at the moment. Development phase is happening and it is getting closer to release as time is passing by. Although, it is going to be a long wait before we can see the end product. Keeping that in mind, the current phase that is attracting users to invest upon the game is the token GLX. GLX is going to be the native token of this game. At present the staking protocol of GLX is active.
As you can see 185% APR is really something in a crypto project. Although, this APR is subjective and it will change as more GLX gets staked in that process. But as of this moment it does seems like a very lucrative offer which can not be missed. Since we are over the moon with 20% APR on HBD, this does seems like a very good opportunity to grab in this current crypto market.
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At current market price of GLX it is very lucrative to accumulate. Which is why I have added this token into my list and I plan on accumulating it and also buy from the market when an opportunity arises.
I have been staking SPS for a long time. Considering the APR of SPS, GLX seems almost 10x more. Yes, like I said the APR is to change in the coming days but having an opportunity and not taking it is somehow demeaning. Which is why, this step.
Staking every hour
Now, lets take an additional step which might give me some additional benefits along the way. Since we are going to get returns based on our staking amount, it does sounds a lot better when you can stake every hour of the day. It is quite impossible to do the task manually every hour. Which is why I have been using the service of Splexgg. They have initiated the service of GLX re-staking every hour.
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So what Splexgg is doing is, it is offering me to stake my GLX every hour without any turbulence. I do not have to do anything but just give the posting Key permission to it in order to get access to my GLX within the game. I can always de-activate the service and revoke the access if need be.
DashboardVoila, you are good to go! Now just sit back and relax and enjoy getting those returns without any efforts.
I am planning to improve and increase my stake as time passes by. And before the airdrop ends I tend to increase my holdings as much as possible. So that in long run I can have a decent holding of this game token and enjoy the future endeavors. Cheers to that!