Hey All,
What to say about Splinterlands? Well all that I can is that it is the most amazing game in the Web3 crypto world. Coming to the goverance token of the game which is #SPS that I am mainly foscusing to accumulate as much as possible and at the same time have staked all the 445K+ #SPS and at present the APR [Annual Percentage Rate] is above 8% that is even making the long-term accumulation even more rewarding. Everytime I claim my staking rewards they are being redirected back to the staking pool. Have a look at my #SPS stake and its current worth, especially with #SPS trading at an all time low. The entire stake here is worth $2K+ dollars and at one stage this was above $40K+ - if I can recall it correctly. Do you see the drop in value and this is the bitter truth. Well we need to move on with a plan RIGHT?
Building #SPS Stake - Approaching 500K+ #SPS - My Strategy Ahead...
This has been a long journey to be honest accumulating #SPS and I remember that only once did I unstake and book some profits. At that point in time I had withdrawn around $1K+ worth of #SPS and with that money I went ahead buying a gold chain. The irony is that now that gold chain price is almost doubled i.e. it is now worth more than $2K+. So it is like one has a loss somewhere and at the other side they make profits elsewhere and this goes on. Coming to my strategy part at first I need to figure out how to start receving the - "Validator License Rewards" - I have one node license that I had staked on Peakmonster and now there are no rewards being paid out. If someone has any idea as to how I can change my node staking and start receving the #SPS rewards then kindly comment on the post and it would be much appreciated. Moving further onto my strategy then my next stop for the #SPS stake is 500K+ which I feel that by the end of this year I should be able to achieve it maybe even much faster if I starte to leverage my passive income stream in buying #SPS. But for now I have been redrecting it to build Hive Power and I want to get to a point of having 300K+ HP. Once this is achieved I will split some income part to buy SPS. Also the plan is to swap all the #VOUCHER and #DEC being earned for SPS. SO lets see how things pan out in near future. Well this should be it for todays post on - "Splinterlands - Building #SPS Stake - Approaching 500K+ #SPS - My Strategy Ahead...500K+ SPS I am coming for YOU...." And for now just BUILD & HODL onto your SPS tokens grab as many tokens as you can before its too late...cheers
Splinterlands - Building #SPS Stake - Approaching 500K+ #SPS - My Strategy Ahead...
#sps #stake #splinterlands #hivegames #strategy #liquidity #stakingpools #goals #plans #delegation #rewards
Have Your Say on SPS overall...
Are you mad over SPS? What is your strategy for SPS? Are you buying the Dip? Continue to Stake or plan to exit? Let me know in the comment section below...
Image Courtesy:: splinterlands, procanva licence version, ChatGpt
Best Regards
Paras
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I have a personal interest in blockchain, stocks, and cryptocurrencies and actively invest in emerging projects.