60 Days of SPS Staking & Earning. #Play2Earn

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I just now completed my SPS staking for the day and today marks 60 days of an airdrop for SPS tokens. Time flies and it seems like this awesome airdrop was started a few days back only but now its been 2 months time. It has now become a daily routine to claim the Airdrop and staking it all in the pool so that it starts earning more tokens. Gaming has gone to the net level and its much than just entertainment. Although I am not a whale on splinterlands but whatever I have is good enough for me to be happy and planning long term.

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Everyone wants to earn more in various ways and I am not the exception. There are ways including tokens staking and also through battles play on splinterlands games. Earlier DEC was the only valuable coin that was considered the in-game currency but now SPT and SPS have got added in the list. We can earn DEC by battle play in the game, SPT tokens through content creation but now SPS is a new thing that we can earn more through SPS staking or we can also buy the tokens from the exchange. We always have the option to buy from exchnage and stake to earn more tokens. There is only one way to earn SPS and it is to stake SPS tokens and earn from the pool. Currently, APR has gone down and its less than 100% and to be precise its 97.15%

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This APR has been slipping down continuously and I don know the reason behind it. I can see lots of people staking their tokens but maybe there are people who are selling a lot which is resulting in this price drop. This apr was started with more than 500% and in two months now its less than 100% so it could be a matter of concern for many. If it stays stable then it should not be a problem but the falling percentage is a bit alarming however I will continue to stake my daily airdrop and earned tokens.

I have accumulated 2946 SPS in 50 days so my monthly earning is approx 1500 tokens and at this ratio, I hope to end up having 18k tokens by end of the year. SPS is a governance token and its expected that this coin will have a vast use case in the gaming ecosystem so its high time when we need to accumulate as much as we can. I also expect that there will be much more use of this token in the future so getting the higher accumulation is a good idea and this is the right time too.

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SPS airdrop has completed 60 days out of 365 and its price is 0.32USD and it was even at 0.27$ yesterday so there is a good price increase in the last few days.

Never thought that gaming on the blockchain can become a source of earning and I would be able to make it quite a good corpus. In fact, I spend a lot of time on the game these days to earn more DEC and SPS tokens. Renting is another part that I am exploring and if everything goes well then I would be able to get some earning from renting as well. Basically I am trying to figure some cards that I am not using and I can put these cards on rent so it will bring me some DEC earning for doing nothing.

So these 60 days have been so much fun and for sure exciting times ahead with the splinterlands game. If I need to summarise my gaming and earning experience with this platform then I can say that the splinterlands game has opened a bunch of opportunities and I never thought that I would ever be able to achieve this much.

Thank you so much.
Stay Safe
[images are taken from splinterlands website]

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9 comments
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The reason for the APR going down is because there is a fixed supply of daily SPS available for staking rewards, which is slightly over 1 million SPS. The more SPS is staked, the less each stakeholder will receive. It is designed like that and was foreseeable from the start. Super high APR rates are common for DeFi projects when they launch and then go down over time, the more competition they get.

Or in Aggroed words: There is not enough for everybody, please push and shove.

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Thanks for sharing in detail and now I got to know how this staking of SPS work. This is helpful. Thanks again

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Wow, time flies when you have fun, and reaching 60 days staking is quite a milestone towards the 12-month full airdrop. Things will only get better, more fun, and dynamics to the game and I believe that it will consolidate its brand in the crypto space, if not already.

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Yes, my friend, this staking of 60 days has been so much and I am happy with my accumulation. With the upcoming reward for SPS holders, I am so excited, and getting a daily voucher will be awesome. The remaining 10 months are going to be full of excitement and thanks for your support to my post. Have a great weekend

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Thanks for sharing! - @alokkumar121

SPS staking is a great way to earn more and this will be even more profitable with the upcoming announcement. Nice post.

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