Hey All,
Finally, I am at the verge of having 100K+ #GLX tokens staked.
In case you are a diehard FAN who loves collecting, playing and trading NFTs? - Genesis League Goals allows you to collect, compete and earn with officially licensed digital trading cards of players of The Major League Soccer Players Association. #GLX is the governance token of the game GENESIS LEAGUE SPORTS and currently the game is playable at the moment. Where you can form your teams to play practice or casual matches and to be honest here I haven't tried playing the game for now. As to date all my focus had been in accumulating #glx token which is the game governance token and I am almost there in accomplishing my GOAL here in having 100K+ $GLX staked before the staking rewards ends.
As I said that I am almost there, just need another 10K+ #GLX here before I can proudly say that the GOAL for #GLX is accomplished. All the #GLX tokens gained is not just via the staking but I have bought $GLX on Dip as well - what has been my strategy for $GLX token in general? A quick reminder before we get any further here - we still having the #GLX token being Airdrop ongoing and this is will go on for another months or so if I am not mistaken. Users/Players eligible for the Airdrop are the ones who have staked their Splintershards - $SPS tokens; which is the governance token of the game Splinterlands.. I am getting close to 120 #glx airdropped for staking #sps and another 150+ for staking #glx tokens. At the moment the current APR is above 63% and we still have another 48 days remaining before the staking rewards ends.
Coming back to the question of what my strategy for $GLX token has been so far. I guess you can make it out from my stake build here so far. In general I had been reinvesting all my #glx rewards back to the staking pool. There were time that I bought in large chunk of #glx tokens as well. Here is my team that I have formed
In all I have close to 226 cards and out of which 46 cards are gold foil cards. Looking at the internal market for the genesisleaguesports cards, the market is thin with only $200+ worth of cards traded in the last 24 hours. Most of the Gold Foil cards are being sold for $0.50 cents and even less and that's a pretty cheap price. I was hoping to sell some of my gold foil cards and then use that money for buying the #glx token but right now that is not the time to sell any of your #glx cards. I am not sure if this entire bag of #glx will result into some good in near future but the hope is there for sure. At last I have no plans of unstaking or selling any of the $GLX tokens. But would rather continue to enhance my stake in $SPS & $GLX that would mean more $GLX reward. It doesn't seem to be a wise move to sell $GLX at these all time low levels. Rather will wait for some more funds to accumulate i.e. my rental income and will see the right opportunity to buy in $GLX in bulk and further increase the stake greater than 100K+ $GLX tokens. I am in no rush and until then will continue to #BUILD #HODL and #STAKE and just stake and keep building up my portfolio for both these tokens i.e. $SPS and $GLX and try to get to my associated magic figures for both the tokens. $SPS staked GOAL of 300K+ [new revised GOAL] from 200K+ earlier...cheers
Are you stacking up $GLX... Do you feel that $GLX is going to be the Next Big thing in NFT? What is your strategy looking for $GLX token? Let me know your thoughts in the comment box below...cheers
#glx #sps #staking #apr #leodex #splinterlands #glct #node #glxnode #genesisleaguesports
Image Credits:: genesisleaguesports, leofinance, pro canva
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..