Hello to Splinterlands and Hive Fam,
SPS is splinterlands game project coin. This coin is also called Splintershards and sps is the sort name of the coin. Now talking about the use case and utility of this coin out say that it is very good because there are multiple elements in the game which are allowed with SPS coin so having more in the game brings many benefits and one of the best is the game reward that we earn every season where one season is for about 2 weeks.
I have purchase over 100ksps coins after joining the game and even I have some plan to buy SPS when the price is good from a buyer's perspective. As a buyer I will always prefer to buy something at highly discounted price which is like buying something at a very low price and this is why I have been tracking the prices for this kind for last couple of weeks and this is what I see. The current price is low which can be a good opportunity to buy but I am just trying to be greedy that I can buy it at even lower price because I am going to buy a bigger quantity which is not a million a Wesley but it can be about 40 to 50k coins.
I already have over 100 and 15 cake coins in the game and these coins are power up so I am getting the benefits of that balance in the game where I am getting a good reward and also getting an APR of 10% which I think is nice. This time to send apr is very good considering it additional rewards. Yah usmein arning reward which is 10% is very good because if you go by the traditional investment in the bank The returns are about 6 to 7% and on that baseline what is splinterlands offer is simply one and half time half higher the reward which is nice.
No because I am planning to buy some SPS so I think now I would like to wait for some more time and see how is the price performs so if it goes down then probably I'll be buying it just that moment when it happens but if not then I will also buy but just trying to follow an approach where trying if I can get my purchase then at a lower price.
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I prefer to not to take sps power on leave and this is why I am buying this coin and grow my coins holding in the game and for cards I use rental market and that's a good option for gaming. While I am aiming for 100k sps this year so hopefully I will be able to do that and achieve this sps milestone in the game.
My Splinterlands Game account is - FinPulse9.
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Image Courtesy: CoinMarketCap website