How to earn with Splinterlands, Financial advantage in different ways - Guide 1

I told in my recent post that I'm going to do some guides about Splinterlands and HIVE and how to use both to get a financial advantage as there are many ways to do that. Many of these ways are new and never heard of by newcomers as well to others. As I belive in transparency and information-sharing was it a no-brainer to make some guides about it, to get the knowledge to however needs it.

This will in the end just benefit the ecosystem and growth of HIVE and Splinterlands as the individuals getting the information.

Splinterlands is an awesome game no doubt about that, but as with many things is there more than meets the eye. There is a lot of features to utilize in Splinterlands for some awesome financial gains, to both have fun and earn at the same time is awesome.

1: Make the recourses work for you (SPS, SPT, DEC and Vouchers)

To just have recourses laying around is unnesessary when it comes to financial awesomeness. To make use of every aspect is key.

1a (getting the airdrop)
For everyone getting the SPS airdrop is DEC a valuable resource as DEC increases your airdrop point thus getting you higher rewards in SPS. But here can you actually utilize the airdrop in two different ways depending on your goal, is the goal just to get financial profit or is it to advance in Splinterlands?

For those who will continue to advance in Splinterlands is another recourse very useful to which is vouchers. The information known is that we can use the vouchers to buy chaos leagues packs for a while longer but we also know that this vouchers will have some other use case too what is yet unknown. However will it be useful i some way.

To continue to earn vouchers must you stake SPS this means that you need to lock it, this will get you some interest on your SPS. You accumulate SPS more and more by the day. Of course is this somewhat a vital for a player aiming to get higher in the rankings. We automatically need to stake some of our SPS, not all in my opinion. About 50% of the airdropped SPS will go to staking.

Why not all SPS?, why is becouse we need to focus on getting our airdrop points higher aslo. Bringing you more SPS. Sure, it's easy just to stake all SPS and do nothing more but it's certain not the most valuable action to do in the long run. The rest of the daily airdrop (50%) can go to two different things which of these two bringing you the most value in the end is hard to say.
One thing you could do is to send your SPS to HIVE together with some DEC you earned from the gameplay. You can with HIVE provide liquidity with these two assets on Tribaldex. If you don't want to send some DEC with it can you sell 50% of the SPS for DEC instead on Tribaldex. This will earn you additional airdrop points even more than you might think. Becouse if you pool SPS with DEC will also your SPS count into your airdrop points. Basically are you making you airdropped SPS to be counted as an asset eligible for airdrop points just like DEC.
This will earn you LP rewards to (trading fee's), there is a risk of "impermanent loss" but that risk is quite low as these two assets have a strong correlation to each other. In the end is it worth it anyways even if you encounter a few % impermanent loss as you will get your airdrop points higher and higher making you more SPS.

You can take the same approach as above but with the use of another DEX which is cub finance. Instead of sending your SPS to HIVE do you send it to BSC (Binance Smart Chain, your Metamask account). Once you have your SPS on BSC will you go to Pancakeswap and swap 50% of your SPS for DEC and the other 50% for BUSD. Once this is done will you provide liquidity on Pancakseswap pooling both of the assets with eachvother, after this is done head to cubdefi.com here will you click on farms and find the farm for DEC-BUSD approve contract and provide your LP to start farm CUB, the ARP of the farm is now around 5.5% (not much).

The first alternative will be much easier and probably save you some transaction fee's as well plus have a lesser impermanent loss. To provide liquidity with a stablecoin can sometimes be a good thing but when you can choose providing liquidity with either SPS or BUSD choose SPS, this due to the correlation DEC and SPS has in price movments.
This above was one thing you can choose to do with the 50% of the SPS. The second option is just to swap your SPS for DEC either on Tribaldex or Pancakeswap. This will not earn you LP rewards but will not either risk you some impermanent loss. If you get a huge amount of SPS airdropped is providing liquidity on Tribaldex probably more beneficial as you probably would get some good LP rewards as you can take a higher share of the pool than a guy not getting so much SPS airdropped.

As of getting the airdrop points higher and get the recourses to work for you can we not forget about SPT. The Splintertalk tokens is earned from writing articles on HIVE, just like this article here on Splintertalk. Just writting one good article a week earning you some SPT could get you a big deal of extra SPS from the airdrop. The only value of SPT is not only that is making your airdrop count higher, it has an own value as a token too. You can make SPT work for you to in two separate ways, the first option is to stake it and delegate it to monster-curator then you also get curation rewards (getting more SPT daily). You can also provide liquidity with it, either in SPT-SPS pool or the SPT-ONEUP pool, for additional LP rewards to.

1b (not getting the airdrop)
If you don't get the SPS airdrop in Splinterlands have you still some options in getting the recourses work for you as above depends this on the goal you have with Splinterlands is it to get higher in the ranks or just financial?. If you're there to get higher in ranks and love the gameplay is DEC valueable to you more than a person just doing it for financial profit.

You then have a few choices what to do with your DEC, because we don't know for real yet all use cases of SPS could SPS be a good recourse to get your hands as you don't getting it airdropped. Some of the DEC you earn by playing could go to getting some SPS, as you also get interest on SPS if you stake. If you stake SPS do you also earn vouchers another recourse important if you want to advance in ranks. Minimum 50% of all DEC you earn would probably go to SPS and to stake it. because you don't get the airdrop is it hard to get the recourses work for you 100%. But at least can you get all recourses just from the DEC you win at matches. This is probably the best bet to do with your DEC, if you want to advance further in Splinterlands.

Make the cards work for you

Not only can the tokens work for the cards can too. If you get the airdrop of SPS is the cards DEC burn value important. The DEC burn value represent how many airdrop points the cards gives you. Often is cards sold for a lot higher than the DEC burn value, this is somewhat hindering how much airdrop points you really could have. If you sold all cards you had would you probably get much more airdrop points. But of course can't you sell all your cards then you cant play for further rewards in DEC and cards. But you can utilize cards you don't play either to sell them to get an increase in airdrop points and DEC or rent them to get more DEC.

The problem with renting them is that you loose collection power (the dec burn value they have) and with that you temporary loose airdrop points to. Often is the ROI on cards when renting quite long and it's hard to get back the value in DEC you loose temporary before going +, in an airdrop point aspect.

If you want to utilize the airdrop in the best way is the best way probably to sell the cards you don't play and need. But in the long run is it probably better to rent out those cards for better results. Of course depends this on which cards it's about.

As for a non-airdrop getting player is renting out cards better as they don't get advantage of getting more airdrop points by selling.
I will be writing a part 2 which will get deeper on some topics here but also how to increase your DEC amount by simple trading outside Splinterlands (trading everyone can accomplish doing), this while also getting your DEC included in every daily snapshot so you don't miss the airdrop points the DEC are giving in the airdrop of SPS.

/RalleCrypto