Today my staking reached 10K SPS. I slowly staked SPS I got from air drop. When I started staking SPS I bought some from the market and after that I used my SPS from airdrop to stake.
In this journey I exchanged some of my SPS with credits to buy some cards to increase my battle prowess. I don't want to sell in the market because my purpose is to buy necessary cards. So I decided to exchange SPS with credits not to lower the market price.
I also staked 4000 SPT in my account because it is also a part of the SPS airdrop.
There are many use staking of SPS token. Some of them are vouchers airdrop that are needed to buy CL packs. SPS stakers can also take part in the SPS Governance. Previously I am not very interesting about this topic. But now after I decided my SPS token, I am interesting about this matter. Maybe I can pull someone to stake in my SPS pool so I can be in Splinterlands Governance.
It would be too far away but it still has hope.
Why I decided to stake SPS(Splintershards).
In-Game Governance
The primary purpose and utility of the Splintershards (SPS) token within the game will be participating in governance. Splinterlands plans to introduce a governance voting system into the game platform that will allow players holding staked SPS tokens to vote for or against different proposed changes to the game and ecosystem.
Offers & Promotions
Once Splintershards are released, nearly every offer and promotion offered by Splinterlands going forward will either require certain amounts of SPS tokens to be staked in order to participate, or provide significant bonuses to players who have SPS tokens staked.
As an example, recently Splinterlands ran some promotions where players would receive free assets from other games with a certain amount of Untamed booster packs purchased. Going forward, any similar promotions will require a certain amount of SPS tokens to be staked in the purchaser's account in order to participate, and the more SPS tokens staked the more free assets they will be eligible to receive with the required purchase.
First thing is In-Game Governance and second thing is Offer and Pormotions. I am interesting in both. I may be very weak but if I keep staking I hope I can be somewhere.
Splinterlands is not a sprint game but it is a marathon. You can not build Rome in a single day.
Please comment on my post if you are interested.
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