1M DEC Acquired - Half Way to (Guesstimated) Land Staking Requirements!
So my DEC stacking has been progressing nicely, thanks to all the following:
- rental income
- swapping liquid earned SPS for DEC
- swapping liquid earned VOUCHER for DEC
- swapping liquid earned GLX for DEC
So basically swapping pretty much anything I earn within the SL ecosystem for, well DEC!
The screenshot may well only say 940K but I've got another 100K split across another account and pooled with SPS.
I have been mostly holding off pooling the DEC with anything else as it's simply not worth the short term APR gain to risk the IL.
I'd personally anticipate DEC going up to it's $1 peg, and so anything I'd pool with it I think I'd be losing out, then again who knows, it's all a gamble, so I'm happier just sitting on most of what I need and not risking IL for a short term gain.
Having said that I might start from this point forward just selling half the other assets for Hive and pooling DEC with Hive for a return, probably no more than 500K (DEC, not Hive) in total, that's by risk tolerance ATM.
Once I've got 2M Dec...
Well I'm loosely planning on stacking a few of the better legendary and epic RiftWatcher cards, it's actually not bad having to wait to do this as I'm sure prices are going to trend down for a little while given the anti-bot measures being introduced in modern.
That of course assumes there isn't going to be yet more stuff to spend money on in LAND, which there probably will be, although once I've got the basics up and running I'm not going too hard on developing land initially - the early days, like the first week or month are going to be the best time to sell whatever is produced probably.
Staking SPS to play thoughts....
At last some fucking utility for SPS, it's about time, after getting literally NONE with land like was hinted at last year (in fact we got the opposite, LAND farms SPS).
FINALLY a bonafide use case for the token, so good!
Easy for me to say of course as I've got 460K, so sufficient for me to play in C1 if I ever wanted to, although I doubt I'd get anywhere near Champions these days.
Honestly I think this is pretty reasonable, and it's less than the amount I would have thought, so fair play, I say!
And come on, it's not as if you didn't see that coming...?