SPS holders airdrop
As most of you know already, SplinterShards holders get a daily amount of GLX tokens airdropped. And the stakers get an amount of GLX tokens dropped into their account too, daily. Currently this action has an APR of 168 %. That is a whopping number, and despite that GLX has been quite stable in the last month. That really surprises me.
These kind of numbers are the sign of a hyperinflated token, and that normally makes the value of the token drop kind of similar with the inflation. But up until now this doesn't seem to be the case with GLX. So, I am really starting to ask myself what the reason for this can be?
Popularity of GLX?
Is this because of the rising popularity of Genesis League Sports? Is it attracting so much users, in which the token can hold its value despite the inflation? Or is everyone just staking, and nobody selling. I really have no clue, and am really interested in the opinions of people that are closer to the project.
Is Genesis League Sports starting going to get as popular as Splinterlands? If so, then this could be a golden opportunity for all SPS holders, to get some very easy money. But I doubt that that is the case.
Anyway, free money is always fun, no matter how small the amount is!
Sincerely,
Pele23