#SPS Accumulation Plan - 300K+ #SPS by the End of 2023?
Hey All,
I am consistently making significant progress with my investment in Splintershards (SPS) aka #SPS which is the governance token for the game Splinterlands I have been steadily increasing my stake, and at present, it stands at over 275K+ #SPS tokens; which are all staked. This stake is currently generating an APR of over 15% and my stake is worth $4K+ dollars. And wait there is more to it when you factor in the additional benefits of #GLX tokens Airdrop and the #SPS delegation. Here is the snippet to my #SPS delegation which is generating #DEC for me the APR is above and close to 9% not that bad either. Every passive income counts doesn't it?
#SPS at its Best Work....
Lets now look into how #SPS is generating a passive income stream for me. As you can see from the above image taken from peakmonster I have delegated all my staked #sps and this in return is getting me #DEC which is another in game token of the game Splinterlands. Here is a quick glance of #sps delegated recently and you can see for yourself the amount of #DEC I received and to be honest, I've put most of this $DEC into the DEC-SPS liquidity pool, I have this plan to build this pool to an extent of having 1 Million #DEC and I'll explain more about that shortly.
In general if I were to summarize my experience with delegating #SPS tokens then it has been very positive. It has created an additional source of passive income for many players who hold $SPS and wish to delegate the token. It would be exciting to witness an increase in delegation rewards and greater demand for #SPS, potentially leading to a surge in the price of #SPS token..hopefully we would see that in near future as well flingers crossed.
My current stake in DEC-SPS Liquidity Pool - targeting 1 Million #DEC
As previously mentioned, I've invested in the DEC-SPS Liquidity Pool, where a substantial portion of my earnings in both #SPS and #DEC are currently being reinvested. My goal is to reach a total of 1 million #DEC in this liquidity pool, ensuring a continuous flow of rewards without interruption. Lets now count on the different sources that is helping me to accumulate this gem of a token #SPS::
- Earning #SPS via Staking Rewards
- Delegation of #SPS further helps in earning #SPS; as I am parking #DEC in the liquidity pool
- Stake in DEC-SPS Liquidity Pool helps me earn #SPS further
- Stake in PKM-SPS Liquidity Pool helps me earn more #SPS further
- I have stake in BNB-SPS Liquidity Pool as well
My stake in the PKM-SPS Liquidity Pool exceeds 1%, placing me at the #10 position, and my total investment in the pool exceeds $1,000. My strategy in this pool aligns with my approach discussed earlier. I intend to continue building and holding these tokens - #SPS and #PKM. At the same time, I am employing a similar strategy here by reinvesting the daily rewards from $SPS and $PKM back into the liquidity pool.
You can now observe that I have not just one but a total of five strategies in place for bolstering my #SPS stake. This brings us to the conclusion of this blog post regarding the #SPS Accumulation Plan - aiming for over 300K+ #SPS tokens by the end of 2023. To sum it up, my current approach involves a strong focus on #building, #holding, #accumulating, and #staking all my #SPS tokens. My goal is to reach a significant milestone of over 300,000+ #SPS tokens staked by the end of this year, 2023. It remains to be seen whether I can achieve this #SPS goal, but I'm certainly excited to find out and at the same time confident that I should be able to make it up... cheers
SPS Accumulation Plan - 300K+ #SPS by the End of 2023?
#splinterlands #sps #hodl #nfts #dec #land #hivegames #cardstrading #crads #defi #apr #spsaccumulation #glx
Have Your Say On #Splinterlands Overall & #SPS...
Did you buy some land/plots? HODL Vs SELL - SPS? How is your Investment in the Splinterlands Game looking like? Doubled? Tripled? Do you plan to buy #license Node? Howz your over #SPS stack looking like? And what has been our latest strategy in the game Splinterlands? Please let me know in the comment section below...
Best Regards
Image Courtesy:: leofinance, splinterlands, pro canva, peakmonster, beeswap
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I've an interest in BlockChain & Cryptos and have been investing in many emerging projects..cheers
Keep on stackin my friend I have a feeling it's gonna be cheap for the next few months.
300k is the exact number I need. I rent 300k SPS to have a 12x reward boost in the Champion League. I intend to buy 300k SPS in 2024.
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Thanks for sharing! - @mango-juice