Splinterlands:: My Strategy for SPS Moving Forward...
Hey All,
I made this infographic to display my strategy with the SPS token which is the governance token for the game Splinterlands. The strategy displayed here is closely ties with the SPS token airdrop coming to an end and what Next moving forward I plan to do. The airdrop for the SPS is coming to an end in another 3 days. And folks/players have started to make changes to their strategy as to how they would like to proceed with the SPS tokens they have gained thus far. Or plan to make some adjustments with the collection power which was contributing towards the number of SPS token airdropped.
This is how far I have reached with my SPS staking; close to 154K+ SPS staked. To be honest at first, I had a target of 100K+ SPS but then after having accomplished my goal had reset to having 200K+ SPS staked. Currently, I have been buying SPS most of the time with my passive income here on the HIVE blockchain.
Simply put it I have been mad over SPS off lately - Splinterlands:: Mad over SPS, My Strategy and Plan for Buying License Node.. Buying iT or Not? to an extent that I didn't buy the license node but rather leveraged my VOUCHER tokens and swapped it for SPS. I now again have 540+ VOUCHERs but at the moment waiting for the price for VOUCHER token to surge a bit before I swap it for SPS. The plan is to keep 500 VOUCHER tokens for buying the license node in near future and swap the remaining for SPS
Following is the glimpse of my card rental earnings. My stake in DEC token continue to rise and as of writing this post, I have somewhere around 110K+ DEC tokens; which I plan not to swap for SPS until the DEC regains its peg. At the same time, I was also thinking that it would also be a good idea to buy in some - "CHAOG LEGION" card packs and further increase my chances of getting an Airdrop card.
So far I have bought 1027 "CHAOG LEGION" card packs and I would like to get this number to 1500 so that I would be eligible for at least 3 cards for minimum. Lat time when "GrandMaster Rathe" -Splinterlands:: GrandMaster Rathe Card Airdrop worth $25+ & My Strategy... card was Airdropped I got two cards of it which at that point in time was worth $25 per card.
Final note that I would like to make and is clearly visible from the infographic above:: I will continue to stake my SPS rewards moving forwards, would be looking for opportunities to buy SPS as much as possible and trying reaching a point where I have 200K+ SPS staked and finally the DEC gained from rental would also be used to swap for SPS and buying in some "CHAOG LEGION" card packs...
Have Your Say on SPS Strategy...
Are you mad over SPS? What is your strategy with SPS, once the airdrop finished? Continue to Stake or plan to exit? Let me know in the comment section below...
Image Courtesy:: splinterlands, procanva licence version
Best Regards
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Best investment ever! Splinterlands is a Hive OG app. Investing in their assets is the smartest choice one can make. It's the bitcoin of P2E games and we are so early. 🔥
Btw, nice infographic. It sums up your strategy well. Cheers and all the best @gungunkrishu.
Posted Using LeoFinance Beta
Thank you dear @finguru. yes, I am also of the believe the Splinterlands game is many more miles to go and with SPS being its governance token it would be good to have a nice strategy around it. Hoping that all plays out well with the plan that I have for SPS token. cheers and thank you for the curation. :-)
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You are most welcome Dear. 🔥 Do you also play the game or are you just investing?
I am not happy about the airdrop ending. Going to miss claiming SPS everyday. 😭😭
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I will also keep my SPS and stake it as I think we will see higher prizes in the future. If we ever reach 1$ or beyond depends on the next wave of players. I think everybody in until now has the SPS they wanted.
This is inspiring goal you have, I choose to keep staking SPSP too and provide liquidity when liquidity pools launches. The goal is to do the same with DEC I have which is not much, maybe I will have to buy some off the market as well.
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https://twitter.com/gungunkrishu/status/1551959971067269122
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Thanks for sharing! - Underlock#8573
Great strategy, thanks for sharing!