Splinterlands - Staking SPS like crazy and surpassed 50,000 tokens
Splinterlands governance token is Splintershards (SPS) and it is the driving force within this Hive blockchain-based game. The game founders' mission is to improve the SPS tokenomics and increase its value through different mechanics like SPS Validators, Rift Watchers Promo cards which return the value to SPS holders or SPS staking, and other DeFi pools built for it. There will be SPS burning and as time passes by even if there will be a 3B SPS supply it will shorten more and more. As we are yet at the beginning of SPS functionalities, now is a great time to accumulate more and more.
Today I had a big push to staking more and more SPS as I have claimed the tokens from all my accounts which totaled 1,160 tokens. As I still needed more than 1,000 SPS to pass over the psychological threshold of 50K tokens, I have decided to sell the vouchers that were airdropped to me on a daily basis. For 160 vouchers I could get on TribalDex market almost 2,700 SPS that I've staked as well. Pulling all these SPS gains from all sources I have succeeded in staking 51,968.813 SPS tokens. With a staking APR of 25.27% that translates also to 35.97 SPS per day.
My ultimate goal for the year is to reach 100,000 SPS staked and I am a bit over 50% from that. As of today, 18-April-2022 we are on the 266th day out of 365 days of airdrop, thus I will be getting airdrops for the remaining 99 days. It will be a hard push to get to my goal, but I think that if I pull all the possible revenue streams from the Splinterlands game and invest them in the SPS I might get there. I foresee it to be to the limit to reach that by the end of the year, but having a clear plan and goal will help me keep the focus on it.
A great milestone was reached at 50,000 SPS staked and it remains to continue staking like crazy to harvest more value from the ecosystem. I am not sure about you but I foresee a great future for SPS as the team does its best to provide more value for it. So with that in mind, it remains just to be persistent and keep on going, regardless of the market price. Are you doing the same or what's your take on SPS?
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Nice goals, I just reached 24,000 and would like 100k yet shooting for the goal of 25k first. Very nice post and good luck with your goals !1UP !PGM !PIZZA
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Much appreciated and I think the key factor at the moment is to keep on accumulating while keeping away from watching the SPS price which is surely undervalued. In the time that will change and those that strategize on that will surely reap significant rewards.
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Wouldn't it be awesome if SPS was worth $1 like it used to be? I was just looking at my staked amount and thinking about that earlier today.
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That would be amazing if it would reach $1 again and I think that is not impossible. With SPS validator nodes, SPS burning, and airdrop finishing at some point, I hope for better tokenomics.
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Ooh yes $1 would be nice!
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Yeah, things need too turn around at some point. Too many projects are just kind of stagnating or finding a bottom that is way lower than we would like right now.
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We possibly might be back at SPS at $1 in the future, am sure it will be great, and having less of it in circulation might see it surpass $1
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That would be pretty awesome. I should probably set some kind of goal for myself as well. For the most part I have just been staking it all.
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Do you play Splinterlands as well?
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Yes, I do my daily quests and I am actively involved in my guild brawls.
That is cool, the daily quest I never miss am less active in brawls but pops in now and then to participate.
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Nice man! thats a decent sum already! I am also staking as much as I can because I do believe in the vision of the game and we are in the starting pit!
For sure SPS is just in the beginning and only now have use cases started to see the day of light. Once these will be put to work we should see more value out of it.
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Agreed.
I like the game too, though I've not played very much these days. Been busy with pokycub!!!
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Aha nice! Polycub is very interesting so I can understand you!
I hadn't played that much to begin with, but this time around, I've let run a few seasons without playing!
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Awesome. Great achievement mate. That's half a million dollars in a few years :')
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Maybe I should stake 100k too.. I like a quarter of a million dollars!
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Do it! Pump our bags.
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I wish... I don't have all that, not yet!
Good on you to set goals and milestones.... I really have to get my act together, organize my thoughts and start creating goals for myself!!!
I'm doing it all willy nilly like!
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Just checked my account.... I'm at just over 4000 sps staked! Maybe I'll set a goal of 10,000. Can't do 100k
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This is an ambitious goal can get followers)
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That's a nice stack. The game has a bright future and a clear vision. Right now, is one of the few games performing well in this bear market. I would like them to make UI improvements on the way.
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Sweet milestone reach and congrats for that, hopefully you hit 100k by year end. My target is 5k by the time the airdrop end, I manage to buy few hundreds last week pushing me to 4k with some in Diesel pool.
I remain optimistic on splinterlands even though the current state of assets are in the dip.
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Anything we can get our hands on it will pay in the end. Long term strategy on SPS!
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That's a very good stack. I'm at 300, almost but majority I bought from Hive-engine. I'm starting to buy more, I'm think it's has many utilities that it can be use !
The more the better with SPS!
Although I've been swapping some for DEC as you end up with more SPS biarrely, and all the DEC!
Although the window for that has passed!
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Yeah, at the moment I am converting mostly all my earnings from DEC and Vouchers to SPS. And if I add also the staking and the airdrops, it accumulates consistently.
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50k!!!
Jezzzz
Thanks for sharing! - @mango-juice
it's always nice to meet another SPS lover