The SPS token has been around for a few months now. It was launched at the end of July 2021. Since then the supply has increased following the SPS whitepaper. On the staking side there has been increasing as well, especially since users who staked SPS were eligible for the VOUCHER token airdrop.
Let’s take a look at the data!
Here we will be looking at:
- SPS transferred to BSC
- SPS transferred to Hive Engine
- Top accounts that transferred out SPS
- SPS staked in game
- Top accounts that staked SPS
- Overall supply, liquid vs staked
- SPS Price
The period that we will be looking at is July 26 till December 3, 2021.
SPS Transferred Out Of The Game
Here is the chart for the both, transfer to Hive and BSC. This is sort of transfers to exchanges for the token.
The orange bar is BSC and the pink one Hive.
We can notice that in the beging there was some large transfers, then a drop and a gradual increase over time.
Note that transfers out of the game doesn’t mean that these are claimed and transferred tokens. Transferring tokens between markets, arbitraging, etc is taking a big part of this. The supply of the SPS keeps increasing and the volume for transfers as well.
There is more SPS transfers to BSC, but in the last period the Hive side has also been growing and it is almost matching BSC now.
On average around 1.8M SPS per day is moving out of the game. One thing that is missing here are transfers in game as well. Maybe in some future post 😊.
A 98M transferred to BSC and 66M transferred to Hive in total.
Note on the transfers. As mentioned above this is sort of transfers to exchanges data, but its not net transfers. There are also transfers IN the game, from the exchanges, and the overall result in SPS transferred out is lower then the above.
I’ll try to include the transfers IN in the future posts.
Top Accounts That Transferred Out SPS
Who is transferring out the most? Here is the chart.
This is a chart for November only.
Staking
What about staking? Are players staking some SPS? Here is the chart.
A total of 187M SPS staked at the moment. SPS staking has been constantly going up as players receive the airdrop. Looks like in the last period the staking has been slowing down a bit.
Note: the above is a net staking, meaning staked and unstaked SPS combined. The data is collected from the blockchain. There is no record of cancel unstake operation and I have made some adjustments for it. Its not a 100% accurate data.
Top Accounts That Staked SPS In November
Who is staking the most?
For November, the 
An overall data for the top accounts that hold staked SPS can be find on this API.
| player | Total SPS Staked |
|---|---|
| spswhale | 6,274,361 |
| blockgaming | 4,000,000 |
| kdinv | 1,778,120 |
| milomage | 1,629,821 |
| blockchainff | 1,535,828 |
| shivamtandon | 1,290,414 |
| mastersorcerer | 1,269,963 |
| project17mile | 1,166,621 |
| agefund | 1,066,452 |
| cyberport4 | 1,000,523 |
| cryptomancer | 1,000,001 |
The top holders of SPS with millions staked.
Overall Supply, Staked VS Liquid
Here is the chart for the overall supply and the staked vs liquid tokens.
Again a note that the staked share is not a 100% accurate.
We can see that the SPS supply keeps increasing, started with 200M and now is at 382M. Approximately once per month there is an expansion of the supply, and this will be happening in the following five years until it reaches 3 billions.
On the staking side, the amount of tokens staked has also been growing, and at the moment there is 187M SPS staked.
Here is the pie.
A 49% of the SPS supply is currently staked.
Just recently there has been an expansion in the supply of SPS, that caused the share of the staked SPS to drop a bit from almost 60% to around 50% that is now.
SPS Price
At the end the price chart.
These are average daily prices.
SPS has spiked in the first few days to more than 0.7$, then down to 0.25$. Then up to almost a dollar and a slow drop since then in the price to around 0.4$ that is now.
The dev team has mentioned on multiple occasions in the AMAs that more use cases for staked SPS is coming. The VOUCHER will continue to be airdropped as well.
