Staking Lands on Axie infinity

I woke up to an interesting news all over my timeline on Twitter today, AXS land staking update has been released and land owners can now stake their lands to earn rewards in AXS.

These days mining tokens have become super easy, once you have your money, you could simply become a virtual Land owner, hold an NFT, stake some tokens and continue to mine tokens till kingdom comes.

So the Axie infinity lands are randomly generated and rarities are based on locations where the lands are situated

source

The screenshot above is a user on Twitter sharing his land wallet page. The user apparently has 2 lands and is earning about $4 per day. The lowest price of land is around $1200 at the moment. So we can se the returns are not bad at all.

Although how long the rewards will continue to be at that price is yet to be known and is also subject to the price of AXS meaning it could go higher or lower than that in value.

Wen Land staking on Splinterlands

I can’t help but think about how interesting Splinterlands Lands will be when they are released. The price of lands on Splinterlands rose to a high of around $2000 and is currently worth about $160 presently.

Lands on SPL is also going to randomly generated, I can’t help but imagine myself owning a super rare land. Lands on SPL are also said to be high on utility, land owners will be able to craft items that will enhance winning in battles that can be sold on an open market. How chill is that.

I can bet that the price of Lands on Splinterlands right now are at a huge discount. I bought my first land at $800 late December after it shot up to around $2000 during 2021 oct-nov SPL bull run when it had zero utility and zero product, how much more when it becomes a finished product?

I don’t have enough Splinterlands Lands. Do you?

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