My Progress for $SPS - 300K+ Stake Approaching & What Next?

Hey All,

Yes, I continue to make good progress for my Splintershards (SPS) aka #SPS which is the governance token for the game Splinterlands and continue to grow my stake here. When, I say continue to grow my stake I mean quite a decent amount which at the moment is sitting around 266K+ #SPS staked which is yielding an APR of above 15% and there is more to it when you count the #GLX tokens being Airdropped as well.

There are a multiple streams from which I am earning/receiving $SPS on a daily basis. The major one as pointed out is via staking #sps and the others are like providing liquidity for two pools which are $SPS-$DEC and $PKM-$SPS these pool also on a daily basis get me a decent amount of #SPS. The other sources of getting me #sps is via HOLDing in game assets like Land, Validator License Node and Nightmare rewards. If, I were to sum up all the #sps rewards then I can happily say that I get around 350 to 400 SPS daily via the reward mechanism. The next question that comes to mind is - So what do I do with all these $SPS rewards received daily? The answer is pretty simple all the $SPS gets redirected into the $SPS staking pool and I will continue to the same until I reach my GOAL for #SPS which is having 300K+ #SPS staked. And now that I have accomplished 266K+ the day is not far when I would be reporting my GOAL for #SPS accomplished as well. But lets see when this day is going to come...

What Next with my $SPS Stake...

SPS continue to provide me with regular passive income streams. Right now one can easily delegate their #SPS for $DEC; which is another in game token of Splinterlands. At the moment, I have delegated all my #SPS and continue to earn $DEC. The #DEC that I earn is being redirect to the $SPS-DEC pool. I am planning to build this pool with having close to 1 Million #DEC. Here is my current status in $SPS-DEC liquidity pool.

As seen from the above image I have $1200+ parked in there, with 780K+ $DEC and 34K+ SPS added to the pool. Almost every 7 days when I redelegate my #SPS and the #DEC which I get is redirected into this liquidity pool. So in a nutshell shell I am building pool with the passive income being generated. I could have easily booked profits and invested somewhere else but I rather thought to enchaining my pool value here. Right now I don't see that its a right opportunity to sell any of these tokens like #sps #dec or as matter of fact even #glx their are trading at their lower price so its better off to accumulate these tokens at low price and then sell at a higher price.

My focus at the moment here of #SPS is just to Build & HODL - $SPS for a long term perspective. $SPS being a governance token has many advantages and the foremost being giving its users to participate in the development of the project - where users can vote if they like a proposal or simply disagree if they don't like things to be implemented in the game. I do HOLD quite a lot of LANDs so looking forward to the release and further increase my earning for #sps. As this should help me accumulate more #sps before it starts to moon..definitely no doubt about #sps to reach new heights when we have such a great play2earn blockchain online collectible card game that is tremendously changing the view of many players to see the game in a different perspective where one HOLDs the in game assets with them and also have the liberty to sell their assets and most importantly participate in the development of the game as well...I am very happy with the decision I took to invest in the game when it really got started and today happy to HOLD in game assets which are worth more than $40K+ and continues to grow and provide me a passive income stream.. Where else do you get this opportunity? None other then in Splinterlands ONLY....Incase you haven't explored the GAME then I highly recommend go and explore the game there is lot in there and at the same time its fun playing the game as well... cheers

Have Your SAY on $SPS....

What is your $SPS strategy looking like? Did you buy $SPS at the low levels? Staked your $SPS? Are you selling VOUCHERs? OR planning to buy more packs? Staking #SPS Vs Selling? How is your $SPS GOAL looking like?

#sps #strategy #splinterlands #SPS #Stake #rewards #liquidity #defi

My $SPS Stake, Strategy & Plans Ahead...

Best Regards
Image Credits:: splinterlands, pro canva license, beeswap