GLX Staking APR 127% is a Great Option to Go for..
We look for opportunities in the crypto market where we can earn a good return on the investment. GLX is a governance coin for the genesis league game and this is currently under development. Airdrop for GLX coin has already been started and its been more than 5 months if I am not mistaken. The distribution you happening based on the SPS holding. We can say that the more SPS we hold making we receive more GLX every day and along with GLX is taking we can earn another token also.
The only thing that is missing in an entirely new game is that we have no use case available up to now. Because there is no use case so people do not know what is going to be real value for these points and probably because of that they are booking the profit. Uncertainty can be a good reason for many people to sell off whatever they get daily. I don't think now you could try to sell and book profit because it is already quite low instead now we can earn a good amount of two comes by staking in the game account.
GLX Staking APR
The current affair for GLX is very good which is 127% as of now. This APR percentage is very good and we know that this will keep on reducing when people deposit more tokens in the deposit pool. When tokens have been deposited the earnings APR goes down but technically there is no difference in the earning because it gets balanced. This type of earnings is not possible in any other segment and this is what makes the cryptocurrency market a better option to go for.
My Holding
I am happy to share that now I hold more than 10k tokens in my account and I will continue to increase as and when I see the buying opportunity. Whatever I earn through AirDrop is deposited and even the tokens I earn through the apr are also invested. I have no specific goal on GLX's part one thing is confirmed I will continue to accumulate and try to make a decent holding. This is the same as SPS and there will also be many earning opportunities for the holders. I do not want to miss out on any opportunities in the future and this is the reason why I will continue to build hopefully I will try to make a good amount in my account. I am keeping a closed track of the pricing and if someday it drops more then I can think of buying a good number of tokens.
My GLS Strategy
I am not sure about the game or how it will be once it is launched but I will try to be part of it. I am going to follow both ways including as a player and investor machine because I expect they will be great benefits for the people who join initial days. Any project offers better opportunities for early joiners and now since I am getting this opportunity so will not be missing it anyway and going to try my best to grab as much as possible.
The validator license sale for GLX is already ongoing and I want to buy one but I will need to wait for some time to arrange some funds. I hope that soon I will be able to buy as I did for the SPS note validator license. I could not buy it in the pre-sale so did by market later on I am happy with my decision. I am also planning to buy some x so I think I will need to plan things and go one by one to one to buy them.
Thank you
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Right on I don't have very much SpS so I don't have much GLX. Cool info though!
https://leofinance.io/threads/@alokkumar121/re-leothreads-2wozcg
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Great information, thank you for the strategy
I also have some GLX staked which is auto-compunded everyday and if i need some funds to rent cards for Splinterlands, I always convert some GLX for DEC.
Thanks for sharing, have a nice day
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🙌🏻 Doing the same. Stake the GLX I get from my staked SPS and Packs. Am quite bullish that Genesis league will be another killer DApp.
this is good strategy I think and it can bring better returns in long run.