I bought and staked 10K SPS tokens

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Hello friends,

I am doing good, and I hope that you are having a good time with your near and dear ones.

With the recent announcement made by the splinterlands team now SPS has become a very important part of the game for every player. Even if you are not playing the game then also it is a good opportunity for you to earn some good rewards by delegating the sps power. The market is live where we can request or fill the request depending upon our preference for sps power. I don't play battle these days but there is some amount that I wanted to invest in cards however I did this on the SPS instead of cards.

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I bought 10K SPS

SPS is a very good option to invest in at the moment I can say because there is a lot of demand after the change in the game. I don't know what the price would be for the token in the next few months but one thing is confirmed the demand for this token is going to grow a lot, I have taken one step ahead and purchased 10,000 sps that are powered up in my account. I also checked some offers available in the market because now with SPS power we can earn some reward.

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SPS Rental Market

I do not play the game at the moment so it is a good option for me to find a better lease offer in the market and I can see that there are many offers available over there. there are different amounts so I thought of choosing some offering the best rewards so that I can get some DEC tokens as part of the reward.

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I am checking it out on the market to see the available offers and will proceed to fill a bid for some of the best rewards offering deals. The market has been launched yesterday only so I'm not sure what is going to be the right price but I can see that some people are posting their offers on the higher side and maybe it can grow even more.

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I am going to spend some time on this to understand how it works and also what reward I can expect based on my SPS holding in the game. there is no point in keeping my SPS power idle rather it is always a great idea to generate some reward for delegating it to someone. The price for SPS tokens has also increased in the last two days I had seen in the market but maybe this will again improve so if you are planning to buy then now can be a good time. I have invested whatever I had in my wallet but maybe if I'll have more funds then we'll shortly invest in SPS because it seems a good option to me.

The SPS lease is valid for seven days and after that, it is required for us to cancel it manually. I'm not sure what time it takes to come back into our wallet but I hope it will not be like other tokens for example Hive power. If we get the SPS power back at the same time after cancellation then it is really good but at the moment I'm not sure what the time required for the delegation cancellation.

Images are taken from splinterlands

Thanks a lot.

Posted Using LeoFinance Alpha



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Congratulations @mukund123! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)

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This post has been manually curated by @alokkumar121 from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating to @indiaunited. We share more than 100 % of the curation rewards with the delegators in the form of IUC tokens. HP delegators and IUC token holders also get upto 20% additional vote weight.

Here are some handy links for delegations: 100HP, 250HP, 500HP, 1000HP.

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