How To Earn Reward With Your SPS & GLX Token?

Hello Friends, Welcome to my Hive Gaming blog. This time I am sharing tips on how to earn rewards with SPS and GLX tokens. It will be great if you play the splinterlands game and stake SPS tokens in the game wallet. Because your staked SPS amount will increase your Reward Boost in the game and your earning will increase significantly for the Splinterlands battle.

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Image made using Canva.

Here I am going to explain it in detail.

1. SPS Tokens
We all know that SPS is governance tokens of the Splinterlands game. The SPS tokens have a lot of use cases and benefits in the game. So, it's always a great deal to hold SPS tokens for the long term.

• Stake SPS tokens: Stake SPS tokens and earn a reward at 15% APR which is a pretty good reward. Staked SPS amount in your game wallet will increase your ‘Reward Boost’, so your earning will increase for winning battles in the Splinterlands.

• Liquidity Pool: You can add SPS tokens to the liquidity pool. There are plenty of options of liquidity pool for SPS tokens and the reward is much higher than staking SPS. If you have an extra SPS amount then this option is much better to earn reward lifelong. Some liquidity pools provide 30% or higher APR for adding SPS tokens with specific assets.
  
  Right now I need SPS tokens to increase my Reward Boost. I have 5000+ staked SPS tokens in my game wallet. But when I will have the sufficient staked amount of SPS tokens. Then I will definitely add SPS tokens to the liquidity pool.
  

• Rent staked SPS (Delegate): Now users can earn DEC tokens for delegating their staked SPS to other users from the SPS Delegation market in the Splitnerlands game. If you don't know how to use this service, then check my guide post about SPS delegation.
  
  Splinterlands - How to Request SPS Delegation on Rent?

2. GLX Token

GLX token is the governance token of the Geneseis League Sports game. So, the GLX token has a lot of importance in the game. This Game is developed by the Splitnerlands team, hence I see potential in this game for the long term.

Users are earning pretty good rewards by just staking GLX tokens. Right now we are getting a reward at 69% APR on our staked GLX amount. Only 82 days left for the staking reward on GLX, so we still have a chance to get advantage of this.

Yesterday, I purchase 5000+ GLX tokens. Now, I have a total of 13000 GLX tokens in my game wallet. A few times, I have accumulated much good amount of GLX tokens. I am really happy with the reward that I am getting every day.

My SPS & GLX Reward Per Day

I have calculated the daily reward on my staked SPS and GLX tokens from the Splintercards website. From this data, we can see that I am earning daily 1.5+ SPS and 25+ GLX tokens from my staked SPS+GLX balance. The reward is pretty good and I will try my best to increase it further. Because I feel that I don't have enough SPS and GLX tokens at the moment.

Image Source

Conclusion:

From this blog, I shared my view on how to earn rewards on your SPS and GLX tokens. Also, suggested some ways that you can follow to earn a reward. I did my best and tried to do much better in the Splinterlands game. The same goes with GLX (Genesis League goals). In the end, I want to say that, we have a lot of opportunities available, the only thing is that either we are unaware of or just ignore these opportunities. I like to explore new things and to try them. It gives us experience and we do much better next time.

Thank you... Have a great day!

Note:

• Screenshots are taken from Splinterlands, Genesis League GoalsWebsite.

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Disclaimer: Information provided in this blog is for information purposes only. This information is not for legal or financial advice.

Posted Using LeoFinance Alpha

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Posted Using LeoFinance Alpha

Posted Using LeoFinance Alpha