Splinterlands - What is the APR of in-game staked SPS?

I have a target of 15,000 staked SPS in Splinterlands by the end of 2023.
It's not a big amount but still a milestone I want to achieve this year.
So I want to understand the real APR of in-game staked SPS to drive my actions toward my target.
Or do I need to adjust this target?

All the Splinterlands players should know the current APR is 22.30% as below screenshot.

This is an estimation of the SPS Annual Percentage Rate (APR) gains that result from staking. APR calculations include SPS and VOUCHER rewards.

However, the real APR should be higher than this number and the additional comes from GLX airdrop

(Click on the picture to access the GLX Whitepaper)

At the time of writing this post, there is a total of 549M staked SPS. With my staked amount (9628), I will get roughly 4.8GLX daily, which is converted to 2.8SPS (based on the Bee swap, 1GLX ~ 0.58 SPS)
So the GLX APR = 10.61%

It used to be 2 times higher than 10.61% when I could convert 1GLX to 1.3SPS. However, the GLS exploit happened and the exchange rate was dropped significantly
If you want to explore more information about the GLS exploit, you can visit this post
https://ecency.com/foo/@lordbutterfly/a-few-hive-and-gls-community-members-colluded-to-steal-more-than-250k-usd-biggest-theft-since-justin-the-gls-exploit-explored

Finally, the current in-game staked SPS APR is 32.9%
In general, it's not a bad APR. So these are my strategies

  • Slowly accumulating staked SPS in the game, no aggressive to stake more than 15,000 SPS earlier. If the GLX price can be recovered to 13~1.5SPS like before the exploit, then I can reassess the situation and adjust it
  • The remaining liquid SPS will be compounded to SPS:SWAP.HIVE pool, which has an APR ~ 50% at the moment

What is your strategy with staked SPS? Please share in the comment of this post.
If you don't have a Splinterlands account, join with me here https://splinterlands.com/?ref=sodom-lv



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