My Onyx Sentinels = BOOM! Lots of ways to earn on Splinterlands. Pick one and run with it.
Sure that's not a sustainable ROA, but holy smokes! 293%
I wanted to go over some of the amazing ways that Splinterlands can be used to earn tokens:
1. Simply play and win and earn.
Sounds simple, but it's probably harder than that, given the learning curve, etc. However look at the top players and think about the dec earned by winning those matches.
2. Purchase NFTs (cards) and watch them increase in value.
Ok, so I own an onyx sentinel: https://splintercards.com/reward-onyx-sentinel and that site shows it's current worth. The screenshot above is from the value of my card and its increase.
What goes up must come down, right? Right? I am still waiting for the shoe to drop on this one. If the price stays up, then the DEC I earn from renting (see the next point) mitigates the reduction in card value if it occurs.
3. Rent your cards and earn DEC.
There's a reason I rent these out, and that's because of the ROI.
293% ROI isn't always the case. When it's not near the end of the season, the ROI is significantly lower due to the lower rental prices.
The screenshot from PeakMonsters at the top shows my ROA and some other stats. Crazy how much DEC you can earn just by card rentals.
It's phenomenal to own a unique card (NFT) that has a use case.
4. Pump up and stake your SPS and earn more airdropped SPS
This is a huge win. the ROI on this is also quite amazing. Here's my current holdings in SPS, thanks largely to staking the airdrop every time.
5. Play the Hive-Engine market with SPS and DEC
While this isn't something I do, there's always those who love to buy low sell high on the Hive-Engine with second layer tokens and SPS is no exception.
With a $157K market volume over 24 hours, there's plenty of trading going on with this one.
How do YOU use SplinterLands to earn tokens?
I love trading and staking tokens. Let me know in the comments below how YOU earn from Splinterlands.
Peace and Love,
P.S. For my splinterlands peeps, you can also check out my other post where I talk about joining the Index Squad Guild and hit $100 in account value SPS. Don't consider my posts financial advice. Do your own research. I write for entertainment.