0.146 SPS in a focus chest, I added it to the SWAP.HIVE:SPS liquidity pool (2022.10.25)

avatar

These were the rewards from the two focus chests I earned yesterday in the Bronze I League.

I had a little bit more in the game, so I transferred 0.174 SPS to Hive Engine, then I added this and 0.02085993 SWAP.HIVE to the SWAP.HIVE:SPS liquidity pool.

This 0.174 SPS is currently worth $0.009 USD. Almost one cent.

1 SPS is currently worth $0.056 USD. I currently have 800 liquid SPS in-game, which currently worth $44.62 USD.

The SWAP.HIVE:SPS liquidity pool currently offers 69.19% APR interest rate.

I do not want to put a high amount money into the liquidity pool, because I do not want to risk it. I currently have 1.134 SWAP.HIVE and 9.457 SPS in the SWAP.HIVE:SPS liquidity pool. 9.457 SPS is only the 1.18% of the 800 SPS, so I am risking only a very small amount of my total SPS collection.

My SWAP.HIVE:SPS liquidity position currently worth $1.06 USD.

Probably I will keep adding my SPS earnings to the SWAP.HIVE:SPS liquidity pool.

I certainly keep playing Splinterlands for now. Sometimes I even rent cards to play with, and nowadays I am constantly automatically leasing out most of my Splinterlands cards with Splex.GG. Sometimes I use a very small part of that income to rent one or more cards to play with.

And nowadays I often sell Dark Energy Crystals (DEC) to put it into Hive Dollar (HBD) savings. I currently have $161.14 HBD in savings. My plan is to build this in long term, because I prefer low risk, long term investments.

Good luck and have fun.

Have a nice day. All the best. Greetings and much love from Hungary.



0
0
0.000
6 comments
avatar

hello @xplosive i didnt know about that pool!! the apr is REALLY high, i bet the risk also is but man that apr it is something worth the risk..

0
0
0.000
avatar

The APR is currently 68.44%, but it is slowly going down, so it will not be this high in long term.

The APR of the SPS was above 100% at the beginning of the SPS airdrop. Currently it is 28.08%.

0
0
0.000
avatar

yeah it happens , so it is matter of take adventage of the right timming

0
0
0.000
avatar

I am also in that pool to an extent and I am taking the SPS I earn from the pool and taking profits. While the battle reward SPS and staked SPS rewards are going into the pool. This way, I am getting some profits to make sure I have some extra funds elsewhere.

Posted Using LeoFinance Beta

0
0
0.000
avatar

It is good to diversify, even with little amount of money.

0
0
0.000