DEC - SPS Liquidity Pool - My Strategy Ahead - Exit Vs HODL...

Hey All,

For over a year now, I've been diligently working on expanding my investment in the DEC-SPS Liquidity Pool on Beeswap. I've primarily utilized the Beeswap platform to add liquidity almost daily, and the majority of my tokens, specifically $SPS and $DEC, have been sourced from various passive income streams that I've established here on the #HIVE Blockchain. These include income from renting cards and the delegation of $SPS. As of writing this article, this is the status of my stake in the DEC - SPS Liquidity Pool.

My Strategy Ahead - Exit Vs HODL...

It's taken me a long time to get to this point, and the best thing is that I've achieved this through reward systems, I mean the staking and rental income streams. There was no actual money or traditional currency added in here to LP pool. This is the fascinating aspect of the crypto world: you build and hold onto your assets, and over time, you witness the magic of your investment growing. I had a specific goal in mind for - DEC - SPS Liquidity Pool - where I was aiming to contribute over 1 Million #DEC to the pool. However, I still have a significant distance to cover before I can declare it a complete success, currently falling short by more than 250K+ #DEC. With #DEC on rise, I have started to think for a different strategy and planning to exit the liquidity pool. For now haven't pulled the trigger but almost planning to do so. What will I do with the funds here?

• #SPS which like 40K+ will be added to the staking pool
• #DEC at first I was thinking to buy the #Rebellion packs

But now I think it will be better off to swap #DEC for #SPS only and take all the #SPS again. 650K+ #DEC would get me another 42K+ #SPS and if I add this to the staking pool then I would be touching almost 400K+ #SPS staked. Here is my current staked #SPS...

As I said I haven't taken any action for now and would be monitoring my DEC - SPS Liquidity Pool. #SPS being the governance token of the game so definitely this is going to have a good value in future. And getting #SPS at this cheap price isn't going to the case always - so action is needed more instead of just thinking. Lets see if in coming days 400K+ #SPS staked is coming or not.... 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

DEC - SPS Liquidity Pool - My Strategy Ahead - Exit Vs HODL...

Image Credits:: tribaldex, beeswap, splinterlands, pro canva,

Best Regards

PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Blockchain & Cryptos and have been investing in many emerging projects..