Hey All,
For long time, I was thinking to look closely on my daily $SPS token earnings. So when I say daily $SPS earnings its tied to Liquidity pool rewards, $SPS staking rewards, Splinterlands game assets rewards for HOLDing the game assets like Node licenses, Land etc etc.
So far I have close to $165K+ $SPS staked and counting.. The GOAL that I have with $SPS is somewhere close to 200K+ staked by the end of this year, 2022. Will it possible or not that time will tell. But, I am determined to be achieving this GOAL of mine for Splintershards (SPS) which is the governance coin of the game Splinterlands.
My Splinterlands Asset Worth... $100K+
I have two account which HOLDs Splinterlands assets. The above snapshot have been taken from my Splex account and as you can see the total splinterlands asset worth is close to $117K+ and counting daily with $SPS staking rewards adding up daily. I just noticed that SPlex hasnt considered the land assets that I HOLD. I am a proud owner of ONE TRACT [100 Plots] as well so if I add that up roughly another $20K+ then my total Splinterlands Asset Worth would come out to be $137K+... These figures includes minus the $30K being considered as HIVVE HP.
Current, 1 TRACT on Hive-engine is being sold for 39000 HIVE and if you convert it to dollar amount it would cost somewhere around $20K+. And to be very honest, I bought this TRACT during early sale days and it costed me just $1200+ and see where the price is now. There use to be a time, where even saw 1 TRACT even being sold for $50K+ and even more than on WAX Blockchain app Atomic Hub.
$SPS Daily Earnings - 450 $SPS
So now that, we have an idea on my total splinterlands assets worth. Lets dive into the $SP daily earnings and its break-up.
- LP rewards [ ALL SWAP.HIVE-VOUCHER, BNB-SPS, PKM-SPS] - 220 $SPS
- $SPS staking rewards - 210 $SPS
- Splinterlands Assets rewards - 22 $SPS
Summing up all the $SPS rewards, I can say that I earn close to 450 approx. $SPS tokens daily. Lets do a quick math here to see how much would be the dollar value of these $SPS rewards. Current $SPS is being traded for $0.07+ cents..
450 * 0.07 = $31+ received as $SPS rewards
So here we are with my calculations of $SPS rewards and its worth day wise which is close to $30+ daily. And what I do with these rewards should be the next question? Again being honest to you all here. I reinvest these earnings either into increasing my LP and to be price, I increase the LP staking in PKM-SPS pool and the rest of the SPS gets adding to the $SPS staking which currently is yielding 30%+ APR at the moment.. sweet isn't it? So that all about it with my $SPS story and how I am plan to achieve my GOAL of 200K+ $SPS being staked by end of this year, 2022.
How much $SPS I earn daily and My strategy ahead with $SPS...
#splinterlands #land #plots #sps #nfts #governace
Image Courtesy:: splinterlands,splex
