While there is yet to be an active game running on the novel sports gaming platform known as Genesis League Sports (GLS), created by Splinterlands developers, many users are already cashing out big on the platform.
Genesis League Sports (GLS) tipped to be a Leading innovation in online gaming, is a blockchain-based, play2earn gaming platform and ecosystem specifically designed for sports games and NFTs. The developers of Splinterlands designed GLS to serve as a hub for an array of sports game where players can earn crypto rewards.
The first game featured in Genesis League Sports is Genesis League Goals (GLG) is a soccer based NFT game where players are expected to COLLECT and build unique teams of MLSPA players to conquer the league, COMPETE with your favorite MLSPA players, and EARN rewards for winning matches. The NFT card packs are still selling for $5.
Since the launch of the tokenomics system for Genesis League Sports and the open trading for GLX, which is the Governance token, many users and hive users in general have taken advantage to their profits. In this post, I share three ways you can earn GLX token.
1. Stake SPS
This was the foremost way to earn GLX. Every Splinterlands user staking SPS in the game wallet is earning a daily share of GLX as an airdrop. The airdrop would run for one year and is in its 56th day.
I've personally staked some Hundreds of SPS and I'm earning some fractions of GLX everyday which could compound to hundreds at the end of the airdrop. I'm yet to keep track of how many GLX exactly I've earned from the Airdrop to compute my APY.
2. Stake Genesis League Goals packs
Yesterday, the Splinterlands team made possible the staking of Genesis League Goals packs. Everyone who stakes GLG packs is qualified to share from a pool of 7.5 million GLX tokens.
I plan to buy GLG packs within the next 7 days to also participate in the reward that would start Rolling out on December 13. For now we can't tell the APY for Staking GLG packs.
3. Stake GLX
This is the juiciest option of earning GLX. Staking GLX mints you GLX and GLGT tokens in seconds and minutes depending on the amount of GLX staked.
The APY for staking GLX is presently close to 1,000%. This is an amazing reward for being an early supporter of the new sports gaming platform by Splinterlands.
My little over 200 GLX staked fetches me about 2 GLX daily. That is some pretty profits and I'm growing the stake each passing day towards a 500 goal by the end of the year.
Besides the three ways outlined above, a hive user can also trade GLX against Swap.Hive and against SPS in the Hive-engine Market for big profits. Don't be left out in this spree provided to us by Splinterlands.
Thank you again to all the creators and developers on Hive. Thank you all my teachers here on Hive. Thank you for those who mark my scripts with their upvotes. I am happy to see that I am growing in understanding this environment, but more interesting is that I am paid to to learn on hive.
Thank you all, I love you.
I am @kingswill. Let's meet and greet.
