I've come back with quite some positive energy to Splinterlands and my sole focus is on growing my staked Splintershards (SPS) stash. I've always believed that SPS is the most precious asset from the game and based on the staked amount it is offering also a Boost in earnings. Thus, you simply cannot get too far away without staking SPS. With that in mind I have set a goal of having 150,000 SPS staked and nowadays I've just surpassed 140,000 SPS which simply brings me closer to my objective. Probably I would have get there sooner if I had continued to play the game continuously, but I took about a 3 Months brake from it and now I've decided to come back with more energy and motivation.
I cannot even remember my previous article related to my Splintershards goal, but hopefully as I climb up and stake more I will be able to provide more insight on that. The crypto market is becoming bullish these days and while Splintershards (SPS) doesn't show and significant appreciation, I still have hope on it. What will it boost it up? Well, I truly don't know anymore but I think there is the will to improve the game tokenomics and sustainability. Will just wait and see if the work done now, will positively impact the game later on. And the most important moment is 2024, when everyone expects for another crypto bull run. I am not putting my hand into fire for that, but at least there are better hopes at the horizon for this tumultuous space.
Staking Splintershards brings quite a few of benefits and perks for the account holders. I will try to go over them a bit, while showcasing where I have gotten so far on my way to reaching 150,000 SPS staked. I am aware that persistency is the key of achieving goals and doing as little as I can each and every day, will get me there sooner rather than later. So, let's see if I can keep up in this regard and reach my goal by the end of the year. I surely hope so, as I am looking to set other goals afterwards. :) Call me an optimist if nothing else. ;)
Splintershards staking
As I was saying I've just succeeded to surpass 140,000 SPS staked and even topped up 140,362.803 SPS. Why is this important? Well, the first thing is because it provides a fully passive revenue stream by giving 10.98% APR at the moment. That translates in 15,411 SPS earned annually or 1,284 SPS earned monthly or 42 SPS earned on a daily basis. That's pretty good for just having that stash of SPS staked and just doing nothing.
Splintershards rewards boost
Besides the passive revenue stream from staking, the Splintershards are providing also a Reward Boost to the assets that you can earn from battles. As you can see at the moment I am in the Diamond League and have a x7.38 Boost on the earnings as provided by the staked SPS, so I believe that is quite important in the game earnings and tokenomics across all assets. If you want to earn, you need to stake as mush SPS as you can. And this is one reason that I believe holding SPS is a strong case and value capture for the token.
Splintershards proposals
Nonetheless, based on the held SPS you can vote on Splinterlands proposals and you vote will be proportional to your holdings. Thus, you can influence the direction in which the games evolve by having a bigger stake of SPS. Otherwise, your vote will count for peanuts.
Splinterlands is still dominating the play2earn blockchain games arena on the Hive blockchain and also beyond. Thus, staying the course, playing and enjoying our wins is all that we can do until things are getting on track. And with a predicted crypto bull run at the horizon, that will my get a jump in order to revitalize everything and continue the developments and growing this ecosystem. Is all that a try player can dream off!
Posted Using InLeo Alpha
The rewards earned on this comment will go directly to the people( @behiver ) sharing the post on Reddit as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Don't forget staking SPS also gets you Vouchers.
Are still Vouchers still a thing? I saw I cannot transfer anymore to Hive-Engine... what can you do with them?
You can trade them for DEC in the Voucher Hub: https://next.splinterlands.com/voucher-hub or use them to purchase Voucher only items in the Voucher shop. So far it only has the first Voucher only promo card, which you should own at least 1 BCX of: https://next.splinterlands.com/shop/voucher
It has a great Ability called Shield Ward, check it out!
This is a good one! Didn't realize that there were voucher only cards, but this is awesome!
I'm at 60k now, growing steadily - I bought a lot during the last crash, since I`m focused on the gameplay and not investment :-D Now, my glint-earnings are very nice, and I'm getting the card levels that I want a lot quicker :-) I'm still buying a little every week, just to keep growing - it's not self-accelerating yet as in your case :-D
That's a good amount and indeed with the current low price of SPS that could be a good investment for the future.
Congrats! Keep stacking!
Thanks, will do so! ;)
Congratulations on this important goal, 140K SPS is a great stake! I am at 105K
Hive a nice day :)
!hiqvote
@libertycrypto27, the HiQ Smart Bot has recognized your request (1/2) and will start the voting trail.
In addition, @behiver gets !LOOL from @hiq.redaktion.
For further questions, check out https://hiq-hive.com or join our Discord. And don't forget to vote HiQs fucking Witness! 😻
lolztoken.com
mein Auge tut beim Frühstücken immer so weh., Doktor: Nehmen Sie beim nächsten Mal den Löffel aus der Kaffeetasse.
Credit: chaosmagic23
@behiver, ich habe dir im Namen von @hiq.smartbot einen $LOLZ Token gesendet
Verwende den Befehl !WITZ oder !LOOL, um einen Witz und ein $LOLZ zu teilen.
NEW: Join LOLZ's Daily Earn and Burn Contest and win $LOLZ
.(8/8)
🎉 Upvoted 🎉
👏 Keep Up the good work on Hive ♦️ 👏
❤️ @bhattg suggested sagarkothari88 to upvote your post ❤️
A lot of people might not even understand how profitable until the market begins to recover. Congratulations on adding to your SPS stake.
Thanks for sharing! - @alokkumar121
