I bought another 30k DEC, to earn those sweet SPS
Easiest money ever
The LEO platform has offered a ton of information in the past about how to make and earn money. Right now it is all about the Cub, Polycub, DeFi thing. Which is good for some, but I am quite carefull with those pools, so I stay away from it. That is just my own choice. But there is another way to make money on your money which is my opinion way less risky. It is through Splinterlands, but you don't even need to play.
SPS airdrop
The last year there is an airdrop to Splinterlands players of SPS token, which stands for Splintershards. But you don't even have to play to earn them. You just need to hold DEC tokens in your Splinterlands account, and daily you get your SPS dropped. And there is more, if you stake the SPS tokens, which your can do directly. You earn 30+ % APR on them. This airdrop ends in 159 days. So, my 44000 DEC bring about 4.3 SPS per day right now, which is 683.7 when this airdrop ends. I stake them daily, so they bring in interest too. Which approximately will bring me an extra of 750 SPS in 159 days. By then I will have earned 800+ SPS tokens, which is at this moment about 100 Hive.
The DEC that I bought, I will sell again after the airdrop ends. That is the only risk, the value of DEC, that could decline, but the past has told us that DEC is quite stable to the price of Hive.
So, on an investment of about 140 Hive, I will have earned an extra 100 Hive in 159 days.
Not bad, it you ask me, to the contrary. I my opinion, the easiest money ever... But that's just me.
Sincerely,
Pele23
Posted Using LeoFinance Beta
I think that I have some SPS in my Hive Engine, but I don't know how I received it :)
That's an interesting idea. Selling the cards may take a while though but that's still clear profit when sold.
Holding cards gives you the value of the DEC, so you don't have to sell them!
Hmmmmmmm, sounds like some smart investing/specultion possible. Nice. :)
Im with you on Cub. I'm trying to understand more but its confusing. I'm collecting my sps airdrops but haven't invested much into the game. I'm wary to sell hive for tribe tokens even though I'll earn more sps because when I do, I always end up losing somehow lol