Hi, guys, this is Lucky Ali. You are most welcome to my new blog. As you know, the sps is the main token in the Sprinterlands economy. It is a governance token. We can use the SPS token in many ways in Splinterlands. If you want to earn better rewards in splinterlands game, then SPS is must have coin for you. The current staking reward is providing 7% APR, and when I talk about the early time at that time, it was around 10%.
So if you are keeping a space in the game, then it is great. I'm also doing the same. And right now, I have 1600+ sps tokens, and I also updated this particular thing in my past article. Some people keep SPs token in the exchanges so this is not a good Thing Instead of this, you have to put your space in the stake in the sprinterlands game so that you can earn some Apr as well as you can also give your staked sps toknes on rent, and that pays you 3% APR which means total 10% APR you can earn. So now coming back to the topic.
So now coming back to the topic that SPs token is going to delist on the Mexc exchange, so if you are using mexc exchange or holding any SPs tokens there, then you have to withdraw from there and Deposit in the splinterlands. After 11th March, withdrawal will be disabled. So, friends, if you're on MEXC, then this is a very important reminder for you. Withdraw your sps right now
This is the habit of exchanges, they remove and add coins, so this is not a serious issue in which you have to take tension, do not panic, this is normal because sps doesn't care about this delisting. Because SPS tokens' core communities are splinterlands player, and Splinterlands is not going anywhere, and many people are holding SPS token In staking. So I do not think it is going to have an effect on the sps token. We will see little fluctuation, but for the short term only.
I had more than 120k sps token in the past, but now I have only 1600 sps token. I have shared a behind-the-scenes story about why this has happened. So if you want to read this one, then visit this post. And what are your thoughts regarding this Mexc delisting? Let me know in the comments section.
There is one more piece of bad news for the Indians because MEXC will be under the fiu guidelines, so in the future we Indians will not be able to use the MEXC exchange. And if you use then you have to pay 30% taxes to the Indian government because the Indian government will keep an eye on you when you're using Mexc exchange. So I just want to stay away from this exchange now.
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 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring. Thank you, hive family ♥ |
