Potential Staking Rewards with my SPS Stake

The good thing about splinterlands is that we have multiple opportunities to generate returns if we do some study and know some of the easier and better options. I can say that SPS is the better option even now when the value is less. I personally think that a low price is better because you can take entry now but this does not affect the staking reward as its based on the quantity and not the value. In the crypto market its always good to find out some low-value gem coins and invest. If there is a possibility to earn some rewards for holding or staking then its a very good option.

SPS offers Staking rewards

One of the reasons why I have been trying to accumulate more SPS is because it offers the opportunity to earn a reward for holding tokens in the game. This can also be called an opportunity that generates passive income and in the beginning, the percentage was more than 500% which is not stable of course because when more people deposit the tokens then the apr is bound to reduce. Even now the apr is more than 21% which I think is a very good option and I am able to generate a good number of tokens every day.

Below is the staking calculator and I have calculated the reward as per my current SPS holding of 94k. As you can see that I have entered 94000 in the field of SPS and as a result, I can see that I earn 34.81 SPS, 46.65 GLX along with 3.40 Vouchers in a day. This is the combined reward that I get every day and if the APR is calculated then its 30% which includes all. If we calculate the APR for SPS and vouchers then its approximately 22% so an additional 8% is from GLX.

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The value for the daily reward is approx $2.05 which is low as its based on the current market and its low. Its just a matter of time and I am sure that this will not be the situation so its high time when we should try to accumulate more tokens in this way. I get 3 tokens as part of the reward and this is really good because the value is low and once its grown then the reward will be much bigger. Getting 3 tokens for holding 1 is always a better idea I think and this is why I am trying to grow my SPS stake as much as I can. Even with the current value I am able to genera rewards worth 60 USD in a month and this is just an indicative price.

SPS Holding

I stake SPS every day as whatever is earned got staked in my account. There is no benefit if I keep the tokens idle and this is why I do it every day. I have 94k SPS as of now and I am 6k SPS away from my goal. I have added over 5k SPS to the stake in the last 1 month and I am hoping that I will be able to maintain the same ratio for the next few months. I will buy SPS from the market for sure and this is something that I do quite often and whenever I have some funds to buy. If you look at the current value of SPS then its really that is 2.5 USD but trust me that it will be so high that many would not even believe and its just a matter of time.

Above is the calculation that I have shared and based on this I can say that buying SPS now and putting it on stake is very good. This is not financial advice but once you go through this then I am hopeful that you will find it useful and obviously the growth potential is high. You can check the same using the tool https://www.splintercards.com/ and invest if you believe that this is worth and you can earn good profits in long term. I am on my way to making it 100K SPS soon and not going to stop unless this is achieved.

Thank you

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