My DEC earnings from Splinterlands
For me, Splinterlands is a passive income-generating game. I stopped playing the game long back but my assets are still intact in the game and have been using them for renting and earning a passive income in the form of DEC rewards. It is a high motivation to share my DEC earning starts every month. I have been doing this for the past few months and it is fun to check how much DEC I earn per month. The rental market is excellent and there are third-party services that offer great automation to manage the cards on rental to increase the income.
Looks like Splinterlands have come up with a new user interface for DEC. I'm noticing that only now. I have earned a total of 44710 DEC in the last one month as rental income from the cards I hold. I guess this is good because last month I was getting only around 39k and I'm able to see the rental income improved a little bit. Hopefully, it should get a little better. Let's see. But I'm already very happy about this because this is a passive income and absolutely no efforts from my end except for claiming this and writing this article once a month.
I still have not decided what I should be doing with the DEC I have been getting. For now, I'm keeping it liquid on Hive Engine looking for a good opportunity to sell them. I already decided that I want to book my profits. I have enough DEC already with me in the liquidity pool so maybe this is a good time to start booking my profits. But as I'm not following the market, I'm not sure when is the right time to swap that for Hive. Sending them to a liquidity pool is not a great option. The rewards I have been getting from the liquidity pool are not very attractive I should say. It used to be in DEC and now they have changed it to SPS I personally feel that the rewards are low and I'm not even sure about impermanent loss.
It has also been a long time since I purchased any splinterlands assets. I might as well buy some cards from the market and max out some of my cards. I believe that's also a good way to go because even though I'm not keeping track of the game I guess I should be investing further to move along with the crowd. Maybe someday when the bull run happens again, I can start booking my profits once again.
Every month when I write this post, I also take a screenshot of my diesel pool positions and share it. My biggest holdings are still in DEC and I'm a bit hesitant to push more DEC to the pool as I'm not sure if it is profiting me or not and there is no way to find it out.
I usually take a screenshot of my account worth too. I'm able to see the account worth has also reduced a little bit compared to last month. I'm guessing that the price of Hive also places a major role in calculating the account's worth. Hopefully, when Hive's price goes back above 1 dollar which can potentially be a bull run, there is a high chance that the asset value can also improve. Let's see.
If you like what I'm doing on Hive, you can vote me as a witness with the links below.
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Its a nice little passive income, the rental part of card market ended up being a great thing. I'm not sure about what to do with my Dec also, I guess it never hurts to keep stacking it.
Posted Using LeoFinance Beta
It is very good that we can earn by giving our card on rent.
I'm not playing it currently, and have sold all my card as i was in need, but wish you best of luck with your earnings from splinter lands.
That's a sizeable amount of DEC. Splinterlands is highly underrated anymore huge potential there for anyone right now with markets still being on the lower end.
Posted using Neoxian City