5 Ways To Earn Passive Income In SPS

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$SPS (Splinterlands Shards), the governance token of Splinterlands is my favorite P2E token in all of crypto. I have been invested in stacking it for the past 1 year or so which gave me enough freedom to buy more assets within the game. I just bought the PLOT I sold back to fund my SPS validator license node purchase all thanks to the SPS I stacked during the 365 days of the airdrop. :) And I will continue to hoard more of it until the next bull run when I take my profits. 🤑🤑

In this blog, I will list down 6 different ways to earn passive income in $SPS by owning assets that could give you crazy returns in 5 years or earlier. And every time there is a bull run, you can book your profits and compound them later when markets flip again.

Staking

The easiest way to earn a decent 27.84% APR on your SPS tokens is via Staking. You can stake your tokens within the game. Just buy SPS from Hive-Engine or Pancakeswap, and transfer it to your Splinterlands account. Go to your SPS wallet aka SPS management Tab and hit "stake".

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Unstaking will take 28 days. Every week you will get 25% of the amount you unstake. As staking rewards, you get SPS & Voucher tokens daily which I compound mostly to get more SPS & Vouchers.

Liquidity Pools

This is by far the most lucrative option to make SPS. SPS - SWAP.HIVE pool is giving out 68% APR right and that is crazy af. Moreover, you get to earn on the little fees from TribalDex & Beeswap for holding a position in this pool. SPS-BNB, SPS-WETH, and VOUCHER-Swap.Hive are also great pools to be in for even higher APRs.

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SPS Validator Node License

You can earn daily SPS and VOUCHER rewards indefinitely if you own a node license. I think it's a great asset to hold because in higher Tranches, their prices might go high. Also, you are getting passive income every day. Don't forget that the vouchers you earn can pump anytime whenever a new asset range is launched by Splinterlands. You can use it to buy more SPS or simply take profits when the pump happens.

Tower Defense Nightmare

If you are someone like me who is a mega fan of the Tower Defense games then you might want to try this one. Splinterlands will soon launch a new game based on the same theme and they are currently selling the nightmare packs for the assets to be used within the game to save your tower from attacks by the enemy waves one by one. You get SPS for simply holding the packs! To buy, you need to have DEC or CREDITS and for discounts, you can use Vouchers. I bought 20 packs and I get about 4 SPS everyday. You can see all these rewards in this part of your SPS Wallet within the game.

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Land

Remember LAND? I also had one PLOT until I sold it off to fund my licensee purchase a few weeks ago. Since then, I have been saving to buy more of it. And this time I will purchase at least 5 because if this year was dedicated to SPS, next year might be for LAND owners and we might get to see some cool developments happening in that regard. Until then, you can earn daily SPS for holding PLOT, TRACTS, or REGIONS. I thought I would get a handsome rental income for renting out the lands I own but SPS rewards work too.

Which one of these is your favorite? Do you know other ways to earn more SPS passively? Comment below!


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40 comments
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SPS Tokenomics is really something Good when it comes to P2E. Didn't knew these 5 ways even exist for passive income. That's really Good!

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That's right brother. SPS has one of the greatest tokenomics in all of crypto. This is the best time to get into the game with a few hundred dollars.

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Thank you for listing all the ways SPS can be managed and earned. I didn't know that even having Tower Defense packs could earn SPS

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Getting to see this for the very first time, we definitely be looking towards this also

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Awesome. All the best. Happy earning xD

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You also earn GLX for #6 and most likely the ways to earn will only increase along with value and dollar value

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Yes BF. That's a great incentive to hold SPS! Do you know where I can claim those tokens?

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I don't think there is a claim function yet but they are stacking daily. Hopefully we hear more soon about pack staking and staking the GLX tokens.

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Just going to start buying sps as that will help increase my portfolio when the market turns. I missed the early stage of dec already so I'll make good use of this one.

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Awesome mate. All the best! SPS seems like a great buy right now. Quite cheap!

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And let's not forget that by staking SPS you also get GLX airdrop, the new governance token for the Genesis League Sports platform.

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The LP rewards have come down a lot, but I still can't go past 67.29% in the SWAP.HIVE:SPS LP.

Still so good!

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Still the best way to make handsome returns on your SPS stake. Love it!

Highly recommended. NFA xD

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I don't have much SPS at stake but I love the pools. I have a tiny amount of SPS on the SPS:HIVE pool and plan on adding more. 😊
I would also love to have a node and plot but I can't afford them for now.

!1UP

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Keep adding more mate. xD I do the same. It helped me build a decent stake overtime which in turn enabled me to purchase a license node.

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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.

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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.

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

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I like the liquidity pool option because it's easy to get involved in and you can also earn some trading fees. I don't think the IL is that large either on some of the pools and it can easily be made up over time if Hive doesn't move much in price.

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That's true J. Moreover you have instant liquidity whenever you need the funds. I love the pools!

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I'm on staking and License ownership. Especially Licenses attract my attention a lot. Piling up SPS + Vouchers to buy the second one while it is traded cheap in the market

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That's awesome bro! I am trying to do the same. I want to buy another license so another power-down is coming up. Btw, would you like to buy anything in partnership? Let me know if you are interested and we can discuss how to work it out.

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Thanks for the great offer man! I may not be able to make it these days but we may work on something when the bull comes ✌🏼

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Great list of ways to earn.
For me I love the idea of the validator license but have no idea about tech knowledge needed.
!BBH
!PIZZA
!PGM

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