Reaching 30k Staked SPS milestone

avatar

image.png

Believe it or not. Today I have reached a new height in staking SPS. I glad to see my staked SPS. Previously SPS price is high enough for me to buy a few more cards by selling daily airdrop SPS. Now SPS price down to rock bottom. I am not sure the future of SPS. But I am lucky that I can use SPS to buy some products from Splinterlands. Even though it is not very wise to buy Splinterlands products with SPS because SPS price now is very low.

image.png

As you see in above image SPS price now is the lowest in three months period. I believe now is the saddle point for SPS. I hope the price will not fall further.

I wonder who still used the feature Convert SPS to convert SPS to DEC. I think it is no longer profitable.

image.png

We need to burn 41.7 SPS to get 1000 Dec.

image.png

If we sell 41.7 SPS in hive-engine we will get 3.49 Hive.

image.png

If we buy DEC using 3.49 Hive we will get 1550 DEC. This is amazing. We need to set aside this function for future use but not now. We need to check the price before we buy something from Splinterlands or converting for one token to another.

Thanks for reading my post. I hope you enjoy it.

Posted Using LeoFinance Beta

neoxian hive-177682 hive-197685 ctp splinterlands play2earn oneup spt leofinance
0
0
0.000
16 comments
avatar

pixresteemer_incognito_angel_mini.png
Bang, I did it again... I just rehived your post!
Week 137 of my contest just started...you can now check the winners of the previous week!
!PIZZA
8

0
0
0.000
Reply
avatar

yes you should not convert directly. I also always use hive , we always end up earning more 😁

0
0
0.000
Reply
avatar

How do you use Hive? Did you convert Hive to DEC or buy DEC using Hive from the market.

0
0
0.000
Reply
avatar

first i sell SPS in hive
after use this hive for buy DEC , and you ?

0
0
0.000
Reply
avatar

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

0
0
0.000
Reply
avatar

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share 100 % of the curation rewards with the delegators.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

Read our latest announcement post to get more information.

image.png

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

0
0
0.000
Reply