Hey All,
I am still invested in the PKM:SPS Liquidity Pool on Beeswap. Currently the APR is above 41% and the rewards are paid out in DEC, SPS, PKM and VOUCHER tokens. In my case my daily rewards are worth more than $1 which I think is pretty decent. Here is the image on my liquidity and the rewards that I am getting. What is the PKM token all about? If you're not familiar with it, then let me tell you that the PKM token is a utility token on Hive-Engine and is distributed to PeakMonsters users as a reward. There are several ways to earn PKM tokens, one of which is by providing liquidity to the PKM - SPS Liquidity Pool. A point to note here is that PKM:SPS has one of the best APRs across various Splinterlands related liquidity pools.. This is not the first time that I am providing liquidity to this pool. But have been here from the day 1 when PKM:SPS LP started. Currently, the pool is providing a liquidity worth $50K and is equivalent to 241K+ $HIVE.
My current stake in PKM::SPS Liquidity Pool & My Strategy Ahead...
I already covered about my investment in the liquidity pool, which is worth $840+ dollars and the plan is to grow it to at least $1K. For quite some time I had been converting all the income here for #hive and all the HIVE was being powered up. Now that I have accomplished my HIVE POWER goal the intention now is the redirected all the daily rewards back to the pool. The plan ahead is to get to a point where I have at least 350K+ $PKM added and its equivalent $SPS in the pool. Maybe, I would invest a bit but majority of it I would like to reinvest back from my daily rewards from the PKM::SPS Liquidity Pool. Looking ahead for a bright future with PKM tokens staked and building the stake daily. Lets see how this churns out in the long run. But for now the plan is to remain invested and keep accumulating and HODL both $SPS and $PKM tokens for now...Happy Investing.. cheers...
Have Your Say on PKM:SPS LP rewards...
Are you invested in PKK:SPS liquidity pool? Did you notice the APRs and the rewards being giving out? What is your strategy moving ahead with PKM:SPS Pool? Would love to hear your thoughts around it in the comment box below? Cheers...
#pkm #sps #liquiditypool #rewards #lprewards #hodl #liquidity #pools
PKM::SPS Liquidity Pool with decent rewards APR Above 41% & My Strategy Ahead...
Image Credits:: pkm, beeswap
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Stocks, Blockchain & Cryptos and have been investing in many emerging projects..