Added more SPS to the Stake

in #hive-1332324 days ago

SPS price is too low in the market, and I have started partially buying this token now. I am not sure if the price will go up or down but I think that now its price is already too low and its better to buy in parts. I did not buy the sps for some time with the hope that it would drop its price but now its looking much stable at this range so I am not going to wait anymore.

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Staking SPS

I am chasing the SPS goal of 200k SPS tokens holding and have achieved approximately 180k already hence from here I am approximately 10% away. I need another 20k sps to achieve my goal and that's what I am targeting to reach my goal.

Today I have added 1402 sps to the stake and I will also try to power up sps as frequently as possible. I expect that I should be able to reach the 200k sps goal before the year-end and this is a good time to accumulate more.

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This is the updated balance now and its more than 181k. I need to have another 19k added to the stake to reach the 200k sps goal.

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The current APR is 12.2% APR which is not bad and its good to earn this much of APR on the SPS tokens holding. I have earned a lot of sps through this and now this APR is slightly down but still better to hold. Once the price is grown then its another profit benefit one can get but even with this APR its good to hold SPS in the game. While the sps stake is also important for in-game reward and on top of that we can earn this staking APR. The dollar value to very low for SPS stake and its because the prices are low in the market but I expect that this should improve once the market recovers.

Buying Cards

Its good to have more legendary cards and I keep on buying more from the reward shop. Although the price has gone up in the reward shop as compared to the last edition today again I bought 3 legendary draws. This is good because we know that its confirmed the legendary card we are going to receive.

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Sometimes we get gold foil and sometimes we don't but these legendary cards are a good value addition to the game. I expect more items to be added in the reward shop and after the voucher use case overhaul, more kinds of stuff will be added.

This season will be ending in 12 days and I am playing in the diamond league but I am trying to unlock the champion league in the next few days. Champion is the best league in terms of reward and once I grow my overall SPS holding then my boost will increase and this will improve my reward as well. I play in a wild format which is a game format where rewards are slightly low as compared to modern.

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My game strategy for this season is going to be the same and I am going to play in a wild format. This is a good format for me as of now based on my card holding and maybe later when I have more cards from the latest edition then I can think of making a change. Wild is good because all cards can be used for battle but in modern this is not possible but rewards are higher there in modern format.

snapshots taken from splinterlands.com

Thank you

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Thank you for sharing.

Do you play also modern? what's the SPS boost on modern with 181k staked? and how was before?

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sentiment is changing, less doom and gloom. SPS is very low at the moment and I think the team have sorted out the major issues with bot farms

Yeah. Hope sps price improves during the market cycle


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