Staking and Airdrops are great source of returns, especially when you reinvest your earnings.
Here's the APY, which is the return based on daily compounding (reinvesting your daily return), taking into account growth of both the staking and airdrop pool growth:
By all standards these are exceptional returns, however I've found a strategy with an even better return - renting out Mylor Crowlings.
Based on a cost of $42 per Mylor, and a daily DEC rental income of 40, that yields a daily ROI of about 0.68%. The APY is therefore a massive 1086%. In other words, the $42 I spent on a Mylor will give me $456 in interest by the end of the year, assuming I reinvest my daily earnings. If the value of DEC goes up, I've made even more. Likely, the value of a Mylor card will also substantially rise.
This assumes that I can buy and then rent Mylors in large numbers. Yesterday, I purchased 44 Mylors at prices between $38-45. All were rented for an average daily DEC rental income of 39.85. I was able to post them on the mark and rent them near instantly. Here's the screenshot of all my Mylor rentals:
There are many great ways to earn in Splinterlands. With such phenomenal growth on the horizon, I'm sure there will be even more opportunities to make money... and have fun!
Hope you appreciate the post,
Shardbearer
