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RE: Should you stake your SPS or use Liquidity Pool?

in Splinterlands3 years ago

From a purely numeric standpoint, it looks as if @zugdaze is correct.

However, there could be other considerations in deciding whether to stake or use a liquidity pool. The one which comes to mind for me is time:

  • How quickly can I take money out if I needed that money quickly?

According to Tribaldex, SPS cannot be staked, and it cannot be delegated. This means SPS remains liquid no matter if its in a pool or in a player's wallet.

Suppose the post was about SPT instead of SPS. SPT can be staked and delegated; that we knew.
According to Tribaldex (because neither Hive Engine nor LeoDex have these details),

  • The cooldown period for an un-delegation is 7 days;
  • The cooldown period for an un-staking is 28 days (spread over 4 transactions);

If time is not a concern, stick with the purely numeric analysis and gowith staking

If time takes precedence over ROI, the pool makes more sense.