With less than two months until what likely is a big transition in Splinterlands' ranked battle requirements in many years I am trying my best to prepare. What I am talking about is the transition from CP to staked SPS.
Currently I have a little over 27k SPS staked and I am hoping to accumulate close to 50k before the transition takes place. This is a tall order to ask but in reality I already made it but its how much I want to keep in liquidity.
I have enough to get to 50k is because in my liquidity pool I have been saving up a decent size of DEC:SPS. To convert all liquidity to SPS at its current state I would have more than 23k SPS to fulfill my goal of 50k staked SPS.
However instead of staking the SPS now and waiting for later I am hoping to accumulate more daily SPS from participating in liquidity pools.
The DEC:SPS pool is yielding me more SPS daily than just staking SPS.
Meanwhile staking SPS I am earning 19.25% which is less SPS than participating in liquidity pools. I do lose out on earning more Vouchers and GLX tokens but I am gambling that SPS would turn around in $ in the future and be in more demand. Time will tell.
My goal is to get enough staked SPS to reach Gold I status. This is where I am currently playing at and yielding around 4 - 6 reward chests a day. I hope to at minimum maintain this status once the transition from CP to staked SPS is in place.
Until next time thanks for reading!!!
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