Hey All,
It’s been a long time since I last spoke about my stake in the governance token of the game Splinterlands, known as Splintershards aka #SPS. I have been silently building and compunding my #sps stake here and at present the APR [Annual Percentage Rate] is above 7%, making long-term accumulation even more rewarding. The more SPS I recevie all of it goes back to the staking pool.
Let me share a look at my #SPS stake and its current worth, especially with #SPS trading at an all time low. The entire stake here is worth $2.6K+ dollars and at one stage this was above $30K+ - if I can recall it correctly. So you can see how in the world of crypto things can quickly change. It’s a bit of a sad moment seeing the price of #SPS where it is right now - currently trading around $0.0060 with a marketcap touching almost $3+ Million.
Building #SPS Stake - Approaching 450K+ #SPS - My Strategy Ahead...
To be very honest to date I have just been - STAKING STAKING STAKING and STAKING all of my $SPS & have reached thus far where I have close to 420K+ $SPS staked and around 16K+ #SPS as in liquid form - which I will be further staking in some time. At first I was thinking to swap for #HIVE but then I was reluctant to do it considering the price of #SPS and hence all this 16K+ liquid #SPS will be further staked as I have made up my mind to reach a goal of having 500K+ #SPS staked. Yes, that is right - I am now targeting 500K+ SPS and that too by the end of this year, 2026. As part of my strategy, I will continue compounding rewards, accumulating during dips, and consistently increasing my stake month after month with a long-term perspective as I do believe in this amazing game Splinterlands that is built on the HIVE Blockchain. And before I end this post, I would just add and echo that I remain committed to the long-term vision and will continue building regardless of short-term price movements. I see no point in NOT staking SPS at these all time low prices... SPS to the Moon... Well this should be it for todays post on - "Splinterlands - Building #SPS Stake - Approaching 450K+ #SPS - My Strategy Ahead...Next STOP 500K+ #SPS Staked..." And for now just ***BUILD & HODL *** onto your SPS tokens grab as many tokens as you can before its too late...cheers
Splinterlands - Building #SPS Stake - Approaching 450K+ #SPS - My Strategy Ahead...
#sps #stake #splinterlands #hivegames #strategy #liquidity #stakingpools #goals #plans #delegation #rewards
Have Your Say on SPS overall...
Are you mad over SPS? What is your strategy for SPS? Are you buying the Dip? Continue to Stake or plan to exit? Let me know in the comment section below...
Image Courtesy:: splinterlands, procanva licence version
Best Regards
Paras
PS:- None of the above is a FINANCIAL Advice. Please DYOR; Do your own research. I have a personal interest in blockchain, stocks, and cryptocurrencies and actively invest in emerging projects.