How to Buy, Stake and Earn SPT tokens with Splintertalk.io and Hive-Engine

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(Edited)

If you're relatively new to Splinterlands and Hive more generally you may have noticed that you can earn SPS (Splintershards tokens) tokens by staking SPT (SplinterTalk) tokens.

I've noticed a few posts querying what SPT tokens are and how to get hold of them, and so I thought I'd put together this how-to post covering the following:

  1. What is Splintertalk? HIVE, Splintertalk and the SPT token
  2. How to earn SPT tokens - posting, staking and curating on Splintertalk
  3. How to Buy SPT tokens - Hive-Engine and other places
  4. SPT and the SPS airdrop

NB - don't get SPT and SPS mixed up, they do sound quite similar - the former is the 'reward token' for Splintertalk, the later is the 'governance token' for the whole Splinterlands ecosystem. The later is currently A LOT MORE VALUABLE and IMO should continue to be so in the long-term.

And here's a disclaimer..... I hold SPT tokens BUT this post is NOT financial advice!

And here's another - this post is mine and doesn't necessarily reflect the views of anyone working for or with Splinterlands.

What is Splintertalk?

Splintertalk is a blogging front-end based on Hive, through which you can post content about anything related to Splinterlands, which will makes you eligible to received SPT rewards based on the SPT stake-weighted votes you receive for said content.

Screenshot 2021-09-01 at 19.56.47.png

When you signed up for Splinterlands, you had a Hive account created for you, which allows you to interact with anything built on the Hive ecosystem - there are several other games and blogging communities, just one of which is Splintertalk.

Anything you post on Splintertalk will also appear on Hive as the former is built on the later, however anything you post through Hive will ONLY appear on Splintertalk and be eligible for SPT rewards if you use the SPT tag when posting.

The easiest way to log in to Hive/ Splintertalk and start blogging is to install Key Chain into your Browser (I have mine working with Brave) and install your account keys into keychain.

(NB - but always store your Master password offline!)

Once you've done that you can log-in to anything Hive related with your Hive account via Key Chain.

You may already have done this as part of signing up for Splinterlands, of course!

NB - It's worth keeping in mind that Splintertalk and Splinterlands are both part of the wider Hive ecosystem, one of the most socially active blockchains out there.

Screenshot 2021-09-01 at 14.17.34.png

If you're a serious battler and want to play 50 battles a day or more ATW you need around 20 Hive powered up to make sure you have sufficient resource credits to be able to play that much.

I personally have over 80K Hive powered up, Splinterlands is now the biggest success story on Hive, but there's a really interesting back story behind how Hive was created, and I believe in the system, but that's just me, anyway I digress, for now I'll just say I think Hive is worth checking out more generally if yer here already!

How to earn SPT tokens: posting,

You can either post via the Splintertalk front end itself - https://www.splintertalk.io/ OR via any of the Hive front ends such as PeakD and using the 'SPT' tag when you post, which will make the post visible on Splintertalk and make it eligible for SPT rewards.

How much you earn is entirely dependent on who votes for you and with what weight of what SPT power. If you get a lot of votes from people with a lot of SPT staked, you can earn thousands of SPT per post, but you are likely to earn a lot less (and the more people who post and get voted on, the less you earn because the SPT rewards get distributed more widely!).

If you want to receive a reward in the thousands of SPT like most of the trending posts do, then the most likely way of this happening is by getting a vote from the @monster-curator account - which has an ENORMOUS amount of SPT staked, partly because a lot of people delegate their SPT to it.

That account is mainly run by @flauwy who doesn't upvote shit - he's very diligent about only upvoting decent content about Splinterlands.

There are a few other active curators with decent sized stakes too, you can check the rich list here.... most of these chuck out votes that are worth between 50-200 SPT on decent quality stuff too, looking to max their curation returns.

What to write about....

You are free to post whatever you like on Splintertalk, but ideally content would be Splinterlands related (we will DV you if you abuse the tag BTW), and it's up to you whether you do quick posts outlining your daily quest rewards, or quick battle overviews, or just funny and entertaining stuff, however the chances are content like that will only ever earn you a few SPT.

You can see from trending that you can earn some decent rewards for more in-depth content, with several posts every day receiving upwards of 5000 SPT....

Screenshot 2021-09-02 at 09.14.16.png

You can see that content which does well tends be about battle strategy and analysis, maybe not that surprising, but you can also do well on art posts, or writing about the financial aspect of the game too.

Probably the easiest ways to earn are to take part in the weekly competitions such as:

  • The Splinterlands weekly share your battle challenge
  • The Splinterlands weekly art contest
  • The Splinterlands weekly social media challenge.

You'll find links to the latest challenges for all of the above on the @Splinterlands account feed - https://peakd.com/@splinterlands (NB for some reason the main @splinterlands account isn't showing up on Splintertalk ATW, even though it uses the SPT tag all the time).

Check the rules on these competition posts as some of them are quite specific!

How to earn SPT from curating

If you power up SPT and vote on Splintertalk Content, you will receive 50% of your vote value back as part of your 'curation returns'.

My current APR on voting is around 25% a year, and in order to max this out you need to use all of your available voting power on a daily basis - which is 10 full votes per day based on the rate at which your VP recharges.

NB if you're going to be voting on both Hive and Splintertalk (or any other tribe for that matter) a good idea is to create an alt account and delegate all your side-chain tokens to that account and vote using that.

However, probably the simplest way to earn SPT from curation is simply to delegate to @monster-curator who will vote for you and pay you out a weekly dividend.

NB I checked this out a couple of months ago and I was getting a better return manually curating myself, but this may have changed, the returns overall on curation have come down a lot since then (more people voting)!.

This post here covers everything about how to stake SPT to your own account and delegate SPT to @monster-curator.

NB - If you're on LEO-DEX you can 'stake to another account' from your own wallet, DON'T DO THAT unless it's one of your alts - you probably want to stake to your own account and then DELEGATE to (in this case) @monster-curator.

How to Buy SPT tokens...

You can swap SPS for SPT on the first ever swap pool to appear on Splintertalk here

You can buy them with Hive on Hive-Engine.

You can also buy SPT with Hive on Leo-Dex, it's an alternative front end to Hive-Engine, but with a much lower fee to deposit yer Hive.

NB - if you need buy Hive it's on most major exchanges - Binance for example!

SPT and SPS rewards...

You receive 0.25 SPS drop points per 1 SPT, so that's 1 share for every 4 SPT.

To give you and idea of what you can earn, I have 900K SPT and get 225 000 points towards my SPS drop, that's 225 000 out of a total 3.3 M points including all my Splinterlands assets, so my SPT makes up < 10% of my points and I get a daily Hive drop of around 500 SPS.

So 900K SPT staked = around 40 SPS a day.

NB you don't need to stake to get SPS rewards, you can just hold the SPT without staking it.

Final Thoughts

I like blogging more than I like gaming, hence why I got into SPT a while back - I bought my bag when it was proper cheap.

I wouldn't advise buying it now compared to to DEC just for SPS - currently 1 DEC will cost you 0.015 Hive, 4 SPT will cost you 4 times that!

Although by the time this post goes out the prices probably would have equalized a bit, markets do that.

But if you like blogging about gaming, and about Splinterlands, posting to Splintertalk once in a while seems like a good idea, and if you power up that SPT and vote, well you're getting curation rewards as well as the drop rewards.

NICE!

Related posts...

Guide to Blogging for New Players by @costanza is excellent - much more in-depth than mine and full of useful advice!



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84 comments
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This is fantastic man, great stuff.

I started grabbing SPT on my aother account about 6 months ago, and very happy I did. I'm still dollar cost averaging into SPT though, as I feel it's the way to get SPS that flies under the radar!

Love the Splintertalk front end too and even started this account to create Splinterlands specific content for it!

Exciting times ahead!

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I think creating Splnterlands content is a good way to go for earning. The crucial thing is to enjoy writing about it!

!PIZZA

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I checked this out a couple of months ago and I was getting a better return manually curating myself

Did you compare the results of monstercurator delegation with the one you recommend for pob. amr80?

Posted Using LeoFinance Beta

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(Edited)

When I did my direct comparison with MCurator manual return was >50% better - but now that more people are posting and the returns' come down I don't know how the returns would compare.

POB has a much better return. About 4 times greater.

The bold person might just sell all their SPT FOR POB now and buy back into SPT later.

But who knows how reliable these numbers are!

I think we're both doing OK as it is!

Besides, I don't like it over on POB - I like it on Splnertalk! That's more important to me right now - integrity.

I'm sure @steevc would be glad to hear I haven't sold out completely!

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When I did my direct comparison with MCurator manual return was >50% better

Manual return's not so good for me as I don't have a separate account for spt and my Hive ends up getting drained. I don't have a huge amount anyway so I was more curious than anything else.

Using the LEO tool to set different voting percentages is on my to do list but there always seems to be something more important to do. 😊

Posted Using LeoFinance Beta

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I've heard about that tool, sounds useful, but I've got my alts and I can manage those.

You need them in order to not drain your SPT/ LEO etc.

It's a funny old system!

If you want a punt BTW - Exode Alphas are only available until next Tuesday - it's the next best shot at the next Splinterlands if you ask me. Not financial advice of course.

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They look to have sold out, the option to buy is greyed.

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I just bought some earlier, you need to go to the homepage
Screenshot 2021-09-02 at 23.09.23.png

Click that box

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I got it thanks, do you think there is legs in it. I remember that Nexus and the Legendary planet you bought..

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That was my biggest fail in Crypto I think.

But Exode is different, the guy's been working on it for 10 years.

He's in the latest Cryptomaniac's podcast, a whole show just on Exode.

Although it's taking a long time for him to develop everything.

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Thanks for the punt. 😁

I'm having trouble managing my Spinterlands assets currently and don't feel able to take on anything new.

Mind you, I said the same, when some recommended Axie Infinity before anyone was talking about it and we all know how that tuned out! 😂

I manage by reminding myself that there seem to be endless opportunities in this space. Miss this one and another one comes alone.

Posted Using LeoFinance Beta

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There is not much more to add but 100% upvote LEO/SPT.

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Hey cheer's @flauwy, is this with your new Leo Power Delegation already too?!? (Congrats on that btw)

!PIZZA

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detailed post helps!
hope the value of spt can even worth a little bit more!
one post buy one card!
send it!

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Good stuff so it seems! I bought the spellbook days ago and rolled into the game because of earning daily dividends by holding $BRO on hive engine. I noticed that there was also an SPT token drop every time, and I got curious to see where that one came from. I didn't know about Splintertalk and decided to buy the spellbook to start creating splinterlands content as well.

The first post I read here was the one you also shared about delegating to @monster-curator. I decided to delegate to that account as well, Once I earned my first SPT.. I think it's pretty hard work to keep manually voting on different frontends, and it's quite ashame to miss one or two days sometimes. Therefore, I prefer delegating to an acount that votes the good stuff instead.

Funny that you mentioned the DEC/SPT prices too, I was wondering earlier if buying some SPT would be more beneficial compared to DEC, but I came to the same conclusion, that it's the other way around..

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This is a very nice compilation of information. Thanks for sharing.
I'm thankful for the days I was uninspired to make blog posts but shared splinterlands battles and arts instead. I unknowingly accumulated some spt tokens that now added to my aridrop points.

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Ah that's good to hear, I Think the whole Splinterlands art thing goes under the radar a little!

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Cheers! Nice thing to know bro! Keep it up! Thanks for the information!

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I've learned a lot from the guide to blogging by costanza. And this post is like the continuation. Thank you for that. This is of great help especially for beginners like me.

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It is a learning curve at the beginning, the way it's going it looks like Splintertalk (the front end) may eventually have its own FAQs which would be nice!

!PIZZA

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Excellent post and very helpful! I need to look deeper into SPT 😊🙏

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The easiest way to earn it is to take part in the Weekly Battle Challenge - just do a decent write up of the battle with images, that should earn you at least 1000 SPT, probably more!

!PIZZA

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Awesome. Thanks for this amazing guide @revisesociology. Some of my friends wanted to know about SPT tokens since they recently started playing. This would be a huge help to them. Cheers!

Posted Using LeoFinance Beta

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This is a fantastic and concise overview. I hadn't considered making alt accounts for side chain tokens, but since I started an alt account for another project, I may consider doing that. Thanks for the tip.

!PIZZA

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It was a bit of a laborious process to get started, but once you've done it - maximum yield on your upvotes, worth doing sooner rather than later!

And additional security with your funds spread across different accounts.

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Good to know. So, an alt account for any other tribe I typically post in or tag? Is there a point where over a certain number of accounts managing them becomes tedious and results in diminishing returns on time / investment? I appreciate the input.

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It depends how you manage them - I do leo, spt and hive actively for pob I've just delegated everything for a return.

It's also possible to follow curation accounts on most of these alts, so if it's just curation returns you want, that's the way to go.

Check out @amr008 - he does delegation offers for most tokens.

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That all makes sense. Thanks for the clarification.

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Thanks for the nice round-up of splintertalk. Can you explain what POB is? I read through the comments, but i don't get it.
Also, you have alt accounts as a new HIVE Account to vote on all the different platforms, because else you would lose voting power?

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I think POB. was founded by a bunch of people who were getting down voted on Hive so they formed POB - so it's those early adopters who bought a lot and now the price is largely propped up by one alpha, and then there's a bunch of people who see an opportunity to be a big fish in a smaller pond.

There are no rules specific to the community - they generally don't like downvoting.

It's just another token, limited supply of 21 million which is appealing!

!PIZZA

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Ah, nice! Everything I knew I needed, but didn't know how to ask for. Thanks for putting this together in such a clear and concise way.

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Awesome post! Literally what I was looking for! Thanks!

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now am learning! thanks for the beautifyl insight, surely helps alot for beginners like me...who by the way was lost, but now? still off, but we gettig there. Battle on SplinterHeads! :)

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Test reply via splintertalk UI to see finally any actions of me on the profile

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Can you do a post about vote weight and how it all works please. I'm new to splintertalk.

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I might knock something up, in the meantime you can get an idea of what stake gives out what value of weight by cross referencing the amount of staked SPT - which can find in wallets and if you hover over the vote button when you've got a post up (not the feed the actual post) you can see whose voted on a post, although it won't always tell you what weight (1-100%) - But you can figure out that by playing around with your own vote and doing the math!

I'm not sure if that helps?!?

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Excellent post.

You are free to post whatever you like on Splintertalk

Its my understanding Splintertalk is for Splinterlands content only. One might find themselves getting downvoted for posting unrelated content (I've seen non splinterlands content get downvotes).

If you're relatively new to Splinterlands and Hive more generally you may have noticed that you can earn SPS (Splintershards tokens) tokens by staking SPT (SplinterTalk) tokens.

SPT doesn't have to be staked to count towards the SPS airdrop. I got a little over 100,000 SPT that is unstaked and it count towards airdrop.

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yes fair point about not staking, I think I say that lower down!

Dyou know why we're not got any rewards ATM?

!PIZZA

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In the AMA aggroed mentioned that we might be out 4/5 days of SPT rewards while they try to move past post over to the new Splintertalk site. He mentions that hopefully the new features that have been added on the upgraded Splintertalk site will help with getting forgiveness for the lost rewards.

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Ah OK cheers!

Need to start paying attention to those AMAs maybe!

The site is nice looking!

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excellent guide that explains well the functioning of the SPT

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I appreciate the info. Look forward to the future of gaming.

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Thanks for this! I am interested in the entrepreneurial side of this game, with holding and staking all the spt I can and earning curation rewards for upvoting, commenting, and playing the game for the dec too.

This was just what I needed.

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Very detailed, easy to understand and helpful, so cheers :)

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Wow Thank so much sir for the Information I was amaze By this games Because it has A Good Economy system I can it no to late sir Splinterlands it just starting

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This was very helpful. Things werent entirely clear for me at first. THank you.

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Well explained.
Super helpful for newbies.
Thanks and have a !PIZZA

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Wow! What a great article! Thank you so much for including my staking and delegation article in it! I appreciate everything you're doing 🙏🙏

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Hey no problem, there seems to be a need for this sort of thing ATM

!PIZZA

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where to claimed spt?? today is my payout and i dont know how to claim it.

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You can usually just do so in your wallet or on LeoDex, but the payments are messed up ATM, could be a few more days before they're sorted!

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ohh ok ok tnx in your response its very helpfull...the old splintertalk is more organize than this new one..

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Great informative post. Now I need to start buying up some SPT and get going on here.

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