Staking GLX Tokens | My Total GLX - 2500+ | Accumulating SPS Reward
Currently, we are getting very high APR on GLX staking. This month I started GLX staking and In very little time I managed to stake a good amount of GLX tokens. Till now I got a good GLX reward and my plan is to stake as many GLX tokens as possible.
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A few days ago the price of GLX was at 0.039$ and today it's reduced to around 0.368$*. So I decided to grab this opportunity and purchased GLX tokens at a relatively cheaper price.
I purchased a total of 389 GLX tokens worth 15$. I am adding more GLX tokens because the price of GLX is relatively low and also it offers 185% APR on GLX staking. Hence, this will be one of my best earning sources. I want to hold these tokens for the long term and will be helpful for me in this upcoming game (Genesis league sport).
Staking GLX tokens
Today I staked 400+ liquid GLX tokens. I am glad that I could increase my GLX stake very quickly than I planned. My GLX goal for the year 2023 is 5000 and I already progressed so much.
Now I have a total of 2573 GLX token balance in my game wallet.
Accumulating SPS Reward
Yesterday, I got an 18.499 SPS reward for my brawl participation. So claimed this reward and staked my little liquid SPS tokens. Now I have a total of 419 SPS balance in my game wallet.
SPS staking is another way to earn some GLX reward.
GLX - SPS Staking Calculator
You can calculate your GLX - SPS staking reward from the Splinterlcards website. On SPS staking we get a reward of 46% APR and on GLX staking we get a reward of 184% APR. We get GLX and GLGT token rewards on GLX staking. At the start of, this month the APR on GLX staking was 200%. Now it's reduced to 184% APR, Hence I am increasing my GLX stake faster to get the benefits of such good APR on our investment.
Conclusion
My full focus is on my GLX staking. I want to increase my GLX balance quickly and get benefited from a good APR rate on GLX staking. So I am doing good as I planned. As a regular splinterlands player, I don't want to waste opportunities to earn GLX rewards on SPS staking. So I am trying to stake more SPS in my game wallet. My SPS growth is slow and steady, but I am happy with that.
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Note (Disclaimer): Information provided in this blog is for information purposes only. This information is not for legal or financial advice.
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