Why I am Building my stake DEC - SPS Liquidity Pool - My Strategy Ahead...

Hey All,

I have been focusing on building my stake in DEC-SPS Liquidity Pool for quite some time now, to be precise it would be more than year now. I am leveraging the Beeswap portal here to add the liquidity on a daily basis and most of tokens here i.e. $SPS and $DEC comes via the different passive income streams that I have create the main one being the cards rental along with $SPS delegation. This is where I was standing in Feb,2023 with regards to my stake in DEC - SPS Liquidity Pool

I had around 400K+ $DEC and 10K+ $SPS in the LP. And what is the current state its almost doubled now with regards to $DEC where I am approaching 800K+ $DEC and 3x with regards to $SPS approaching 30K+ pretty soon; the total worth in the pool is more than $1200+ and the same reflects on the above image. Its taken me a quite a lot of time to reach here and the best part is that this has been built via the rewards systems not a single penny or fiat was pumped in here. That's the amazing part of the crypto verse you BUILD and HODL and then see the magic how your investment grows over a period of time.

VOUCHERs to Rescue In Buying $SPS...

Yes, I have been swapping all my VOUCHER tokens to swap for $SPS. Every 3rd day, I am taking all the VOUCHER tokens that I receive via the rewards moved over to hive-engine and swap at current level for $SPS. The reason for converting VOUCHER to $SPS is mainly because right now I am not looking forward to buying any in game assets and these VOUCHER tokens gives you discounts while buying. Whereas I thought selling VOUCHER tokens would best suite my purpose in building my stake in DEC-SPS pool for now.

Adding $DEC-$SPS to the LP -- 1 Million $DEC

So now that I have VOUCHERs swapped for $SPS and $DEC pouring in via the rentals and #SPS delegation - what do I with all these tokens that they earn me extra passive income. The answer is right in front of you where everything gets redirected to the liquidity poo; $DEC-$SPS...Its today only that I added 13K+ $DEC and 469+ $SPS to the pool; hat would be close to $20+ dollars.

Its great to see the LP value increase over a period of time, started with zero and now its more then $1200+ consistency and having a solid plan is the key here. I have this GOAL - where I am targeting to add 1+ Million $DEC to the pool so still a long way to go before I call it mission accomplished; short of another 250K+ $DEC here. I am confident that in a month or two I should be able to reach my defined GOAL here.

At last, I would continue to HOLD & BUILD my $SPS & $DEC. There is no rush of selling these precious coins at their low prices, not at all worth and is not recommended as well. Rather, I would be focusing on accomplishing my milestone of enhancing my $DEC - $SPS Liquidity Pool and then further raise the bar. Its good to reinvest your passive income stream and see it grow exponentially. Right now I am not looking to book any profits and the best is to keep accumulating and building your portfolio as it best suites your need. There is a lot coming in the game of Splinterlands this Year.. The land expansion being functional is the next big thing and therefore without a doubt we would see some price action for $SPS & $DEC and other in gam tokens positively. I am optimistic about it; not too high but at least we could see $SPS in the range bound of $0.10 cents to $0.20 cents.. Can we get $SPS traded even higher would be nice to see $SPS and $DEC to mooooon soooon... cheers :-)

Have Your SAY on $DEC & $SPS....

What is your $DEC & $SPS strategy looking like? Did you buy $SPS at the low levels? Staked your $SPS? Are you selling VOUCHERs for $SPS - $DEC? OR planning to enter DEC:: SPS liquidity pool?

#sps #strategy #splinterlands #sps #stake #rewards #liquidity #build #hodl

My Strategy for $DEC - $SPS - Build & HODL...

Best Regards
Image Credits:: tribaldex, beeswap, splinterlands

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