Growing GLX Stake along with SPS in Splinterlands

I have been trying to grow my SPS stake for more than 1 year and even now I am on it because I believe in the token economy. I believe that if I like a project I will build a decent holding for the long term and I share the same thoughts about SPS.

There are multiple reasons why I believe in SPS and one of the biggest reasons is that it is the governance token of such a leading play-to-earn game on the blockchain. Those who are not part of any play-to-earn game may not understand the importance of a token in any gaming ecosystem but if you deep down then you will arrive at the use case of the same. SPS is available at a lower price these days and I believe this because the market is low. I also believe that this situation will not stay for too long and in my opinion, this is a good time to accumulate as many as tokens become. The market is a and token price is grown then we regret not buying and I do not want to be in that situation later.

There have been multiple incidents in which I got the opportunity to buy coins at a lower price but I missed it because I was looking for an even lower price with never happened. I am not sure if this is the bottom price or if the price will go further down but I am buying in parts and this way I will be able to average out the buying price.

After SPS GLX is another to come that I am accumulating these days and I am happy to share that my current holding is more than 2000 coins. I did buy some tokens from the market but more of the tokens I am accumulating through the year dropped which happens every day. As of now, we are getting the AirDrop for GLX if we hold SPS in the game account, and with increased SPS holding the daily airdrop is also increasing. I have enabled the option to stake all GLX tokens automatically and this is helping me to earn an apr of more than 400% without putting in any manual effort. I also did the same for SPS and this way both of the coins are deposited automatically in my account and start earning returns with immediate effect. This option is available on splex.gg platform and it's very useful.

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I have not decided on any goal with GLX so far but the only intent I have as of now is to accumulate as much as I can change the market is down and apr is good. There is no information about the game launched for genesis League but we can expect it to go live in the first quarter of next year. We are going to see the real price of this token once the game is launched. I anticipate that this will take a couple of months time and during this period I would be able to accumulate a few thousand tokens in my account.

Currently, the apr on the GLX stake is very good and I do not want to miss this opportunity so whatever to come I earn or buy from the market is deposited in the account to earn this significant return on the investment. I know that there is no use case available as of now with GLX but soon we are going to have it and that will be the time when we can see the real price and how this token with evolve as a real governance token in the ecosystem. I have gone through the white paper and there are many things that we need to consider these are pretty good so it is just a start for me but it will be going a long way.

Thank you

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