I have posted a few journal entries on here but for the life of me don't know how spt works or how I can use it? How do I stake the SPT in game for airdrops and how do I get more SPT? Someone said if I stake it and vote I get more? I seriously cannot even find a youtube video or article on how any of this works. If any one can kindly educate me on this topic I would greatly appreciate it. Thank You!
The only thing I learned on discord so far was to use #spt and #splinterlands when posting here but even then I still don't get it.
I've started a fresh account from zero where I post daily going over things like this. Tomorrow's post is exactly about what you're asking about. But let's see if I can summarize here while keeping it simple.
That's the quick and dirty. Post more, get more. Held and Staked both count towards SPS.
wow thank you!! that makes a lot of sense and really helps me out. So to stake the spt I do it on the hive wallet?
looks like you got it figured out. Nice. The simplest place to do it is right at https://www.splintertalk.io/@shaddrak/transfers But there are other places to do it as well. Hive-Engine and Leodex are worth getting acquainted with eventually for managing tokens.
So I know there is another one called Leofinance is that what the leodex is? CAn you also include how to upvote with staked spt if you can. The other guy said he might not be back until 2 days.
If you're new to Splinterlands it's quite complex.
SPT is a side-token of Hive (there are many, LEO for example is another) - it only has one point of issuance which is the case with all of these tokens, so they are not truly decentralised.
Having said that, this hasn't stopped me from accumulating almost 1M SPT (I'm a big believer in Hive and its communities)
SplinterTalk.io is basically a clone of the Hive front end, but if you use the SPT tag anything you post on Hive is also rewarded in SPT.
You can post via Hive, or via the splintertalk front end (the later is a bit clunkier) and still earn both HIVE AND SPT.
You can buy SPT on Hive-Engine - https://hive-engine.com/
To stake it you need to go to your wallet which you can do by accessing Splintertalk - https://www.splintertalk.io/ - click on the wallet link (you can also stake via hive-engine).
As someone else said in the comments - you can just earn by posting decent splinterlands content on any of the Hive front-ends and using the 'spt' tag when you post.
Like most Hive side-chain tokens, you earn 50% of your curation rewards for upvoting, but you need spt staked to earn!
I'll be happy to answer any questions - just drop them in here, NB I don't check this alt account much for replies so may be a day or two getting back to youl.
OH, if you buy and hold spt (you don't have to stake you earn SPS rewards - it qualifies for the drop. Check the SPS whitepaper for the rate.
Wow thank you for that very informative response. This totally helps me out a lot more! I was wondering since I staked my 6 spt how do i upvote with spt on other people's comments?