My Splinterlands Airdrop Strategy

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(Edited)

Most of you probably hold DEC and card assets to get an airdrop. You probably add DEC tokens to your account every day to grow your airdrop points.
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After every snapshot, those DEC will earn SPS. My current SPS earning per day is around 22 SPS. Maybe some of you are changing your SPS to DEC to add more airdrop points. That is also what I was doing before, changing my earned SPS to DEC.

The problem is I think SPS is more important than DEC in the future so converting my SPS to DEC to add more airdrop points is not an option.

Since I don't want to change my SPS to DEC but I also want to grow my airdrop points is, I tried a different Strategy.

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Disclaimer

I am not a financial advisor, this is not a financial advice. Please do your own research if ever you want to follow what I am doing.

Strategies

Hive to DEC

My usual strategy every day is to convert all Hive tokens that I earn through blogging to DEC so I can grow my airdrop daily. Even if the DEC price goes down, my plan is to finish the airdrop days.

SPT Tokens

My second strategy is to make sure I post in Splinterlands community at least 3 a week times a to earn SPT tokens which are also counted as airdrop points.

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Tribaldex Diesel Pool

My last strategy is I add DEC and SPS tokens to Tribaldex Liquidity pool instead of changing my SPS to DEC.

Maybe some of you already knew this but for others who don't, this is what I am doing with my SPS.

I have learned that you can also use your SPS as an airdrop point by putting it in the liquidity pool. Yes, you could.

If you add liquidity to DEC-SPS Pool, the airdrop point system will count your SPS as DEC making your DEC double in amount.
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I put my DEC and SPS in the Tribaldex pool. Since the purpose of my Splinterlands asset is to earn more airdrop points, I accepted the impermanent loss factor in my mind.

It's not that I am fine if DEC goes down and I will have fewer SPS, it's just that all those assets are intended for airdrop points anyway.

My backup plan is to pull it out if SPS moves upward drastically.

I have already computed the risk and what time to pull it out if DEC price continuously goes down.

Advantages

You don't need to change your SPS to DEC, At the end of the airdrop, I will still have lots of SPS, if the price won't move that drastically.
I can use my SPS now to grow my airdrop points.

The liquid pool has LP rewards

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Liquid Pool earns fees

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(I know the last 2 are not that much but it will still help minimize my loss if the price goes down.)

Disadvantages

I might have fewer SPS if DEC continuously goes down until the airdrop is finished.

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After the airdrop, if my investment grew, my next plan is to increase my SPS Stake to earn more SPS and Voucher Tokens.

I know some of you might say that I am crazy for doing this, but as of today, I think the best bet under Hive blockchain is still Splinterlands.

I am taking that risk instead of betting on some new games that would probably disappoint me in the future. and besides, I think betting my money on Splinterlands and putting it in LP is still better than holding it in other tokens and expecting it to grow in amount but not in quantity.

Posted Using LeoFinance Beta



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29 comments
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Good job Master Lo Dens and because of that here's some
!PIZZA !PGM
for you.

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.01 MOTA - 0.05 DEC tokens to @jacksonizer

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BUY AND STAKE THE PGM TO SEND TOKENS!

  • 10 PGMs in STAKE = 0,1 PGM/LVL/ 1 STARBITS / MOTA 0,01 / 0,05 DEC sent and 1 command available every day
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  • 500 PGM in STAKE = 0,1 PGM/LVL/ 1 STARBITS / MOTA 0,01 / 0,05 DEC sent and RECEIVED and 5 commands available every day
  • 1000 PGM in STAKE = 0,1 PGM/LVL/ and 1 STARBITS/ MOTA 0,01 / 0,05 DEC sent and RECEIVED and 10 commands available every day

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Get potential votes from @ pgm-curator by paying in PGM, here is a guide

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Thanks for sharing, bro!

!PGM !LUV !PIZZA

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.01 MOTA - 0.05 DEC tokens to @jacksonizer

remaining commands 0

BUY AND STAKE THE PGM TO SEND TOKENS!

  • 10 PGMs in STAKE = 0,1 PGM/LVL/ 1 STARBITS / MOTA 0,01 / 0,05 DEC sent and 1 command available every day
  • 100 PGM in STAKE = 0,1 PGM/LVL/ 1 STARBITS / MOTA 0,01 / 0,05 DEC sent and 3 commands available every day
  • 500 PGM in STAKE = 0,1 PGM/LVL/ 1 STARBITS / MOTA 0,01 / 0,05 DEC sent and RECEIVED and 5 commands available every day
  • 1000 PGM in STAKE = 0,1 PGM/LVL/ and 1 STARBITS/ MOTA 0,01 / 0,05 DEC sent and RECEIVED and 10 commands available every day

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


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Thanks for sharing! - Tantow#0693

Your research is very good!

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The Liquidity Pool part is a great strategy, buddy! It is a lot better than to hold DEC alone especially now that it is getting close to its original peg of $0.001.

I agree with you. There may be impermanent loss but it is compensated well by the gains in SPS Airdrops. At the same, you will maintain your DEC:SPS value as close to the value when you put it as possible. The earnings from the fees and rewards thru different tokens are a great advantage too! It is clear that the gains outweigh the loss.

Great read! 👌

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