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RE: Why Staking SPS Gives You a Much Higher APR Than ~25%

in LeoFinance3 years ago

I have been staking currently about 62k which gives me 3,3 Vouchers approximately. Sometimes I sell half of my SPS for DEC and put it in the LP giving me more airdrop points. I was planning to unstake some when SPS was around 80-60 cents but I didnt do it I wish I would have sold at least 10kSPS at that point. I could buy so much sps for that now and additionally I would have had it staked as HP and HBD which would have given some extra as well especiqlly now that staking HBD in savings gives 20%
Well I did not so I am holding on. If I ever sell my SPS thats gonna be the day when I also stop playing Splinterlands, which I just do not see happening anytime soon. Even if the APR goes down to 8% I will just keep it there and wait. I think long term, and long term is over 10 Years, which is kinda a century in crypto. But close to 63k SPS at 8% apr without adding new SPS to the stake makes a double. And is 135k but I will keep adding SPS and you can compound daily or every hour if you want. So you can make that much more. In fact lets say I add 3SPS per day for 10 years this 152k keep this for 15 years and its 100k more. And wht if it stays above 10% APR which totally could be a thing and the numbers go crazy 😄 Where will SPS be in 10 years? Idk but we will see I guess. Or not, I am kinda stoic on this one. Either SPS is gonna be part of my retirement fund or not. Compounding interest is lovely.
Sorry for this freakin long comment. I think I could have used this for a post lol.

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love the long term vision :)

the team is amazing and is delivering (albeit a bit late of their promises) There should be amazing growth in the future

I very much hope for enormous growth in the future. I think it is gonna be a major game changer when SPS staking on players comes in. Going to be highly competitive and for some it could be their actual job to fight in the Arena

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