@splinterlands lover and Hive friendsHope everything is good at your end.
Splinterlands , a Play2earn
game built on the Hive
Blockchain, offers numerous investment opportunities and diverse ways to earn rewards. The development team continuously enriches the gaming experience by introducing new use cases for various in-game assets. What sets this game apart is its utilization of multiple token , each serving different purposes within the gameplay. Some token possess unique abilities, while others are exclusively used for specific in-game purchases.
Among these tokens , the Splintershards(SPS) token holds a significant role as a governance token, empowering players to participate in crucial decision-making processes. Through voting, players can express their support or opposition to proposed changes within the game. The SPS token's distribution was conducted over a year-long period, airdropped to holders of Splinterlands assets, making it a truly distinctive and sought-after token in the game's ecosystem.
Passive income is a means of generating regular earnings without significant effort. In the world of Splinterlands, there are various avenues through which players can earn passive income. One such method is the rental market, where players can lease out their spare cards to other players and receive SPS or Dark Energy Crystal (DEC) on a daily basis. This concept has been a part of the game for quite some time and serves as a great way to earn extra rewards from cards that would otherwise remain idle in the game.
Despite SPS has essential role in the game ecosystem, the SPS token has been somewhat undervalued. However, it grants players a remarkable privilege—the power to exercise voting rights on proposals that can potentially shape the game's future.
In essence, the SPS token can be likened to shares in a company, with the number of tokens held determining the extent of influence a player wields. This unique feature distinguishes the SPS token from other assets within the game, offering players a potent tool to actively participate in decision-making processes that impact the game's development and direction.
Moreover, the SPS delegation market is a recent addition to the Splinterlands ecosystem, providing another opportunity for players to support the game's tokenomics while earning passive income. This new feature enhances the overall gameplay experience by offering more ways for players to engage and benefit from their in-game assets. With these options, Splinterlands not only offers an exciting gaming experience but also a rewarding one, enabling players to generate income effortlessly.
What is the need for SPS rental market?
Other then the the voting right the SPS token has new use case in the game which is a game changer for SPS. The recent significant shift in the game ecosystem is the introduction of the SPS Staking Multiplier for Ranked Battle Rewards. This update has brought about numerous changes in the gameplay and strategic approaches adopted by players. Staked SPS in wallet of a player had significant influence on reward system in the game. The more the SPS stake in the game wallet means more rewards for you. Now the points is the system is not good for the new players as they do not posses the much staked SPS in their wallet. This is very negative for the game as new players are the blood line of the ecosystem. The solution is the SPS delegation market, which provides the required SPS to the new players as per the requirement and a passive income source for the old players. The SPS delegation market is very helpful for new pkayers and on same time a good option to get some passive income for the investors. The Multipler chanhe and rental market also very postivie for the SPS market pricing. The positive effect can be seen on the price charts of the token.
The SPS was trading at approximately 0.017$ per SPS before the changes happened and at present the price has been 0.023$ , which is jump of 40 percentage. The hike in price was expected as the new changes create a new market and requirement in the game.
The above screenshot is form the current SPS delegation matket. The bids has been submitted at the price of 0.008 DEC per SPS per day. The rental markets is a good option for players with spare SPS to earn some DEC. The staked rewards are always their and current APR is aprox 16% and DEC will be over to that.
I am staking all my SPS earning to earn more staked rewards and it also helps me to get more rewards in game as ranked play and rewards are very much depends on the staked SPS now. I am holding approximately 85k staked SPS which gives me the nice staking eewards as wellas the 13x boost also in ranked play.
I will diverting some of my SPS to my alt accounts to balance the rewards income fom the ranked play. The 20 to 30k SPS will be required for other accounts and that will also make dent in rewards earned form my main account but this is required as apart of my game strategy.
BBH aka Bitcoin baked Hive is a secondary token buit on Hive Blockchain.
The goal is to have 1 BBH equal 1 Satoshi. With a combination of Bitcoin holdings and hive-112281 account growth.
At initial the token was a tipping bot and user can call the bot for tipping other users by using a command in comment sectin. One new addition recently made the #BBH token a income token also. That means you will get some passive income in the form of HIVE and Leo token which distributed to the #BBH holders based on their holding every Saturday. I am using the tipping command offten to reward the users commenting on my posts. This is nice way to thansk them.
Sharing the Hive-Engine link of the token.
Source of Images - Splinterlands official site.
