Rewards for Staking..
Passive incomes are possibly one of the best way to get returns on an investment. Crypto has a weird way of introducing this feature to many of us. Some folks made some decent ROI due to this feature within the eco system of crypto. As a fellow crypto user, I do prefer liquidity rewards and staking rewards for my crypto. As this has been one of the best decision that I have made over the last couple of years. Let's dive in a little bit more.
While providing liquidity to different protocols, staking coins/token, buying nodes and so many other options have been introduced to us over the last couple of years. I personally prefer my cryptocurrencies to be as safe as possible even in the volatility of the market. This might sound little out of the context but I like to keep my coins in my portfolio as much as possible. Although, there was a time where I used to prefer USDT over coins but seems like the time that I have spent within the eco system of crypto, there has been certain changes that took place over me.
HIVE
HIVE is probably one of the best place to talk about staking rewards or ROI. Hive-Power is probably the best example that one can share out in the crypto space. I still can not believe with the fact that HIVE blockchain is still an under dog. With so much that it can offer to its community and its investors, HIVE can even break down the chain of centralization in so many different ways. But yet here we are within a certain circle. Yes, we are growing but the number is not that big tbh. We need our userbase to grow much more fold in the coming days, if we want to make a difference positively. I hope in the coming years we will witness those historic moments.
Rewards for Staking
This is a juicy rewards which tends to grow over time. Lets say for HIVE, HP is probably one of the sweetest ROI that one can avail within the eco system. This is where it gets interesting, you stake a coin/token where your primary share of the coin keeps intact and you enjoy APR on top of those staked balance. Where you need not have to worry about your coins instead just enjoy the ride and get some juicy returns based on those investments. A perfect example of HODLING, I would say!
Apart from that, AIRDROPS are probably one of the most intriguing rewards that anybody can ask for! That being said, within the eco system of HIVE a new game Arcade Colony
will see the light in the coming days. An airdrop has been announced and possibly this is going to be one of the biggest gift so far to begin the year with.
An official announcement has been made!
This rewards are primarily based on SPS stakers, GLX stakers and GLS holders for the time being. To be more precise, I quote from the airdrop post :
Accounts staking GLX will receive a 1:1 account balance of Colony. Accounts holding GLUSD will receive a 1:1 account balance of Script. Accounts staking GLS tokens in liquidity pools hosted on tribaldex.com will receive a 2:1 balance of Colony/Script for every GLX/GLUSD held in a liquidity pool (see the Arcade Colony white paper for more explicit details and exceptions). Furthermore, as per the whitepaper, there is an airdrop for Splinterlands and GLS token holders and accounts that stake SPS and GLX over time will be airdropped Colony tokens after the initial distribution.
I personally hold Splintershards(SPS) and GLX in my account respectively. Well, I am quite positive about Splinterlands. Being the backbone of its eco system and the upcoming updates from Invennium, there would be some major focus into Splinterlands. Just for an example, the staked SPS is an eligibility criteria for this airdrop campaign. This is an additional benefits of being an early adopter and supporting a program.
Thinking long term makes the gains much more impressive and those bags becomes worthy of doing something. As I was told by a successful trader, stop thinking short term instead think long term and keep on growing your bags for the long run. That is when you will find the financial freedom that you seek. I am doing that as of now and trying to fill my bag with as much potential coin as possible.
Best regards
Rehan
Want to play & earn from Splinterlands
Join via, My Referral link
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Hive is the best place to earn rewards for staking for longer term this is gonna be more Beneficial.
great
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