Splinterlands: My current Strategy with Splinterland's token (SPS, DEC, SPT)

avatar

Splinterlands: My current Strategy with Splinterland's token (SPS, DEC, SPT)

If I say about te splinterland's tokens these is no dearth of tokens in Splinterlands as most of the game assets like "Land" ,"Booster packs" and now "Licensce" can be tokenized and can be transferred to other blockchain too using bridges.

But I will talk about the 3 tokens of the Splinterland's i.e SPS (Governance token) , DEC (Play to Earn token) and SPT (Blog to Earn token).

image.png

1. SPS

SPS , Splintershards is the governance token of the Splinterlands and my original commitment was it to stake 200K of the SPS. I already reached 193K of staked SPS and I calculated that ongoing airdrop will still give me 5000 SPS. With airdrop and the SPS staking APR , I will be definitely completing the goal of 200K SPS. I also purchased the SPS validator Node License that will give the SPS income in future too.

My strategy for SPS currently is no "buy" and no "sell" as I already achieved my target of SPS(and will overshoot) so I do not need to buy. Current SPS price do not motivate me to sell as it is cheap.

2. DEC

DEC is the actual earning mechanism in Play2ern space in Splinterlands. Due to SPS airdrop , it has overshoot it's peg and now it is near to peg but still 5% over the peg.
At this point, I do see 2 feasible option for me.
a.) Hold DEC as it increase my SPS point.
b.) Swap DEC for SPS as it is cheap.

I am more inclined to hold DEC as it is giving me SPS airdrop points and 5% above peg do not look good opportunity to me sell DEC at this time.

3. SPT

SPT is "Blog to Earn" token of Splinterlands and current price of SPT look high as compared to historical data but look like many players have strong SPT interest and token is holding it price good.

I earn SPT for my Authorship as well as by curation , Since I am not sure how I take current SPT price (High vs low) so I am going with staking 60% of SPT earned and rest 40% I convert into Hive to fuel my Hive growth .

If SPT reaches previous levels, then my plan is to buy 500K to 1 million SPT immediately and stake it for curation.

Please feel free to share your strategy too.

Note for my affiliates

If you want to play splinterlands then you can join it here

I saw few of the player joined the game using my affiliate link and then stopped playing after few battles. If you have any difficulty in playing game, do not hesitate and join the game discord. It is really helping community and contact me here or on discord, I will definitely review your game for your better game experience.

splinterland_end.gif

Posted Using LeoFinance Beta

splinterlands sps dec spt play2earn neoxian ctp hive-engine oneup cent proofofbrain thgaming leofinance
0
0
0.000
21 comments
avatar

Thanks for sharing your plans. It will be interesting what happens to these tokens prices after the SPS airdrop ends. Take care.

!PIZZA

0
0
0.000
Reply
avatar

It will more interesting if 2 things happen simultaneously,

a) End of airdrop + b) A strong bull market

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

That is the truth. I did not think of that.

0
0
0.000
Reply
avatar

I can't believe I wasn't following you through Leofinance so I fixed that and now I'm a follower! I have no strategy with my splinterlands tokens. I did manage 1500ish sps through the airdrop so far. I did sell a little dec into starbits to buy a few of the new rare accoustic violin for lessons. I thought they were a good deal so I did it.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

That nice that you are putting focus on skills. It will accommodate the increase in fans and keep ego in the bay.

Thanks for the follow. !CTP

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

With the new reward changes, I think the rental market is a huge mess so I think I might also hold DEC for a while. What is your plan for DEC once the airdrop is over?

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

I generally keep it, trade it and when it reach some significant number like 400K , then buy packs.

I go for bonus packs not in single pack buying.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Thanks for sharing, I'm new to the game and haven't got the spell book yet as I'm missing a few hives to get into it but will definitely look into investing as I like cards games and your post help clarify a few things about it's economy. 😊 Still learning the mechanics and looks fun so far.

6 more hives to go for me and I will be jumping right in.

0
0
0.000
Reply
avatar
(Edited)

You do not need to wait, you can jump in the game right now and buy spellbook later on.

Having spellbook enables you for the ranked rewards but you have to build your own collection.

If you join with my link and buy spellbook , I will get 50 cents in credit, I can send you the equivalent DEC.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

I may be registered already, thanks you the offer.
Yeah I'm playing a bit already, I'm going to make a post about the current challenge and hopefully close the gap to get the book with hive, in which ways to people earn in this game currently? I heard the game has changed since the steem days.

0
0
0.000
Reply
avatar

I am opting for HODLing DEC till end of the airdrop, then I might opt for swapping for SPS or buy cards.

I keep accumulating SPT, not sure what to do with them now besides staking as it also counts towards airdrop.

As for SPS the more I accumulate the better, it is a token I will be HODLing.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Buying card is also one of the nice strategy , I will be switching to old format of game once game split take place.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Solid plans bro, thats a monster sps stake !LOL

Im hoping to get to 100k in few weeks maybe. Possible close to the end of the airdrop. I like staking some spt too.

0
0
0.000
Reply
avatar

Thanks for the !LOL .

Go for SPS stake, because not only the SPS is cheap but apart from APR you get daily free Vouchers.

Posted Using LeoFinance Beta

0
0
0.000
Reply
avatar

Thanks for all these updates. And woa, your SPS amount is insane!!! Once again congratz.

0
0
0.000
Reply
avatar

Thanks for sharing! - Underlock#8573

Nice strategy!

0
0
0.000
Reply