Hello Gaming Warriors!
How are you all? I hope you are blessed and well. In today's post, we will discuss the SPS liquidity pools and their APR, which has been reduced compared to the rewards for last month's SPS pools.
| SPS LIQUIDITY POOLS |
The SPS has its own liquidity pools with some different pairs, and i had some liquidity in two pools, which were giving me some SPS rewards, but after a month, I checked the pools' rewards to claim and added it back with the Swap. hive and SPS pair by adding some hive, but i was shocked when i saw only 21 SPS claimable, which i earned in one month of time, while you can see the last month's reportwhere i claimed 500+ SPS in two months so it should be 100+ at least, but the APR is reduced to almost zero.
Well, after claiming the SPS from liquidity pools, which i checked after one month, and earned less SPS this time, the pools disappeared, so it means that they removed these pairs while still there are some old in-game pools available like DEC-Vouchers and some new pairs available from the lands assets with DEC. There are some external pools added for stablecoins like USDC and USDT. Also, you can add liquidity to pools with BNB-SPS and SOL-SPS, which will bring more investors to the game to get awesome APR.
I have not tried these pools yet, but i am sure the APR will be better, as in the start, the APRs are good, but when the liquidity is increasing in the pools, the APRs are reducing. For the SPS airdrop, i have added so much liquidity, which increased my points and got a decent airdrop based on the Collection power and SPS airdrop points, where the liquidity pools providers were getting double points based on high APR in the start. Also, when the pools of SPS and Hive were introduced, i have added enough liquidity liquidity which made it possible to stake 60k SPS, like i got almost 10k SPS from liquidity pools rewards and staking rewards.
| REMOVING LIQUIDITY |
I am going to remove the liquidity from these pairs and will invest in other pairs because these pairs have been removed from the pools recently, and i checked it a bit late because of getting less rewards from the pool, so i have two pairs: DEC-SPS and Swap.hive-SPS both will be removed and will wait one or two days if someone knows the reason that why they removed these pairs? Then let me know in the comment section, i will try to increase the SPS stake after removing these pairs.
Just removed the 2nd pair liquidity from the pools with 21 hive and 500 SPS, while the DEC and SPS pair was 90k DEC with 8.5k SPS, the total worth of liquidity was almost $150, which will be invested back in the Game will wait for some days, either i will add it back with another pair like DEC- Vouchers or will buy SPS on it which will give me a boost of 20k SPS atleast.
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