Splinterlands Social Media Challenge! :: My Strategy for #SPS - Build & HODL - Road to 400K+ SPS ... Is that enough?
Hey All,
Its been a long time that I talked about my #SPS stake and the strategy around it. This is my entry to the Splinterlands Social Media Challenge for this week and I am going to specially talk about my #sps stake and the road to 400K+ SPS is coming soon. A quick refresher on Splinterlands: which is essentially a strategic trading card game that allows players to participate in battles against real opponents. The game features cards representing NFTs (Non-Fungible Tokens), and those who possess these cards are their true owners - #SPS is the governance token of the game and we have another in-game token which is #DEC. My involvement with Splinterlands began when the Beta SALE was launched. Since then, I've actively participated in the Splinterlands community, doing my best to contribute in various ways Well, I have this craving for Splintershards (SPS) which is the governance token of the game Splinterlands and since very long time have been accumulating #SPS. Its like the more I have it I want to keep building my stake. I invested into the game during the beta sale and since then continue to invest in the game. Well a picture speaks a thousand words, so here is the image that depicts my #sps stake which currently is standing around almost 369K+ Splinterlands aka SPS & its continues to grow everyday. The target is 400K+ #sps and that is inevitable...coming soon...
SPS - Build & HODL - Road to 400K+ SPS... Is that enough?
But then the big question to answer is that is this stake sufficient OR should I continue to #build where currently #sps is currently trading at tis all time low price. There are a multiple streams from which I am earning/receiving $SPS on a daily basis. The major one as pointed out is via staking #sps and the other one is via the $PKM-$SPS liquidity pool. The best part of my strategy here is that all staking rewards that I receive is being staked back to the pool and at the moment the APR is above 11% not that bad right?
At the moment, I am getting close to 110+ SPS via the Splinterlands assets HOLDing and all the other means. All these tokens gets automatically staked when they are claimed once in a day. Also, I have further delegated #sps and I am earning #DEC which is another in game token and here I am swapping #dec for #sps in order to build my stake further. A disclaimer here when I started staking SPS - I had this GOAL to have 100K+ SPS staked. After having achieved the same I am here now chasing the 400K+ sps GOAL.. So its like I am not going to stop even when the road to 400K+ sps is achieved the next pit Stop will be 500K+ #sps...Considering the current trading price of sps which is less than a cent - I am also looking to do some bulk purchase here. Not sure when but that's on the cards as well and who knows I may land redirecting some of my #coti weekly rewards of around $100 in buying #sps...Before I end this post the most importantly aspect is to have FUN while playing the game and be a proud owner of the NFT cards... Bonus point Don't be in a RUSH... you will get there on the leaderboard for sure. Well this should be it for todays post around my strategy for #sps. I'll end here now and that's all about it My Strategy, Investment & Plan Forward for Splinterlands game.. Staking and Staking all the SPs tokens for now...
Have Your SAY on $SPS Sell Vs #hodl #build...
What is your $SPS strategy looking like? Did you buy $SPS at the low levels? Staked your $SPS? Are you selling VOUCHERs? OR planning to buy more packs? Did you open your CHAOS LEGION Packs? Got Lucky - with Gold or legendary card? How is your $SPS GOAL looking like?
#sps #strategy #splinterlands #SPS #Stake #rewards #liquidity
Splinterlands Social Media Challenge! :: My Strategy for #SPS - Build & HODL - Road to 400K+ SPS ... Is that enough?
Image Credits:: splinterlands, leofinance, coingeckgo
Best Regards
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in Stocks, Blockchain & Cryptos and have been investing in many emerging projects..
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Thanks for sharing! - @rehan12
My strategy with SPS is to not sell any but keep stacking it and I am right there with you at around the same amount of SPS :)