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In the last couple of years, the gaming industry is growing and blockchain advanced this industry. Currently, splinterlands is the no.1 blockchain game and it has proven that if your goal is to run play to earn gaming platform for the long term then you can do it and this is for game owners. Actually, there is no owner in blockchain gaming because most of the games are decentralized but here I am talking about the game creator team and the whole game community.

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The blockchain gaming industry is still in the initial phase and Web 2.0 gaming companies don't wanna come to Web 3.0 because they are making good money in Web 2.0 gaming industry and the audience is not aware of Web 3.0 gaming if the audience starts migrating towards Web 3 gaming then big companies will be forced to enter in web 3 and this will take time. In July 2021 SPS coin was launched and $1 was an all-time high for SPS. After, SPS Leo token also has a $1 all-time high and you know I am gathering both SPS and LEO.

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Remember, splinterlands has given the biggest-ever airdrop to their users in crypto history so it is obvious that people will dump SPS and this is what happening now as well as the whole crypto market is low.

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Current SPS Staking APR

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The current SPS staking APR is 18.36% and we can't say whether it will be stable here or not. In the beginning, SPS staking APR was high but slowly it decreased and now it is at 18%+. SPS demand will increase. In the world of finance, even a 10% APR is higher. Here we are getting 18% APR which is not bad. Here I am talking about banking APR but when it comes to crypto it is considered low you have to check other benefits as well. well HBD APR is 20% which is also higher than the SPS APR so we can say that people will not stake sps just for the staking APR benefit rather they will focus on other things like staking for collection power and future benefits in price and APR is an additional benefit. SO low APR will not matter.

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Upcoming Change Effect On APR

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SPS is going to replace with collection power so in this case, the SPS demand will increase a lot and people will stake more SPS tokens. This thing has already been mentioned in the roadmap and soon we will see this change. This will definitely decrease the APR and this is going to be a big effect of this change. Also, it will impact the price positively. We will see what is going to announce in the upcoming town hall meeting. Also, share your opinion regarding this change.

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Here I am not including the genesis league airdrop reward in the SPS APR and 184 days are still remaining for the airdrop end so we can include this in the total APR for 184 days.

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My Accumulation Plan According To New Change

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After the new change, I have to add more SPS. I want to buy 10k more sps tokens but it will be easy for me to accumulate from both reward and market. I am going to take help from the node license reward, gameplay reward, and staking reward. Other people who are willing to play the game are going to add more SPS tokens according to their requirements. Currently, I am just using my reward for accumulation although this is the best price to buy the SPS I don't have enough funds now so it is better to wait.

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Currently, SPS is trading at an all-time low price because $0.016 is the bottom price, and maybe alt season will increase the price as well as upcoming updates are going to affect the price as well. My current balance of sps is 100,820 SPS and I need 10k more. So now it is time to end this post Thank you for being here share this post with #splinterlands and #play2earn tags on Twitter and threads.

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Lucky Ali

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		Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested to learn new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥

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