#Splinterlands - Why did I unstake my SPS?
Hi all,
Currently, more and more SPS are staked in the game. People stake more SPS to earn more VOUCHER.
But I decided to unstake my SPS and convert to DEC. There are 2 reasons for me to do it.
1. Earning
I make a quick calculation to compare my earning with the recent price
750 SPS = 40500 DEC , VOUCHER price = 18$ , SPS price = 0.7$
| Option | VOUCHER earning | SPS earning | Total ($) |
|---|---|---|---|
| Stake 750 SPS | 0.179 | 1.21 | 4.07 |
| Hold 40500 DEC | 0 | 5.39 | 3.77 |
So, staking SPS still has better earning at the moment, but with more & more staked SPS, the earning will be reduced.
In another hand, I predict the VOUCHER price will be reduced after few more days. I will buy VOUCHER by my airdrop SPS. So I think I can get more VOUCHER later if I hold DEC.
2. Flexibility
If I have some urgent thing to do, I can use my DEC immediately while I need to wait for 4 weeks to completely unstake my SPS. I don't want to use DEC at the moment, but I don't know what can happen in the future :)
What if the VOUCHER price up? Well, then the CL pack is too expensive for me. I will buy CL pack from Tribaldex instead, with the current price is 10$.
Please note that it's just my personal thought, it's not the financial advise.
P/S: If you don't have any Splinterlands account, appreciate if you can use my affiliate link to register:
https://splinterlands.com?ref=sodom-lv
It's a bold move, I hope it works for you.
I hope it works too.
Thanks for your curation!
Personally, I also favour DEC but not unstaking my SPS (Curated by r1s2g3)
Your post has been manually curated by @monster-curator Team!
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Thank you!
I don't really like investing in DEC; considering that the token is soft-pegged to 0.001$, I'm very much scared that things will be implemented in the game in order to crash the current prices and bring it back (near) the pegged value.
But I hope this is just me being too safe with my investments, and that DEC prices keep growing!
Thanks for sharing! - @ashikstd
