DeFi on Splinterlands is amazing

mistakili in #hive-167922 • 2 years ago

Whoever says DeFiis dead know not what they say. I was strolling around my Splinterlands dashboard today and I saw that staking $SPS was giving a yield of 44% APR, it seems like some stakers are unstaking perhaps to prepare for Riftwatchers leaving more yield on the table for the remaining stakers to earn from.

I wonder how much more the APR will grow before the sale of Riftwatchers is over. Then I continued hovering around my dashboard till I found myself at the pools section and saw some yield offers that were unbelievable. Offers as high as 79% at the time of writing this post especially in pools of tokens I’m really bullish on.

Ofcourse the first pool to catch my full attention was the Hive/SPS pool offering 79% APR. Almost double what’s on staking only SPS 🤩, the idea is to select two tokens which you are bullish on and pair them together, that way, in a bullish market, you earn more on both tokens, while in a bear market, such APR will like make up for impermanent losses, for me, at this moment, Hive and SPS are top choice.

There are other interesting offerings in the BNB, ETH and DEC pools with the highest being 82% APR. This is basically money on the table for anyone with liquid assets in any of these tokens. Some people will boldly claim that DeFi is dead and most DeFi apps are broken and interestingly, these sort of people are usually the loudest.

DeFi within a game is GameFi yeah? Or perhaps GameFi touches upon every financial interaction within the game, anyhow it is, Splinterlands offers the best GameFi protocol in Web 3 and that’s on that. If you know any better, I’ll be stoked to hear it. Are you taking advantage of these pools? I totally am.

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#splinterlands #proofofbrain #ctp #spt #sps #defi #leofinance

2 years ago in #hive-167922 by mistakili

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rzc24-nftbbg 2 years ago

Preparing. . .

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mistakili 2 years ago

Sweet. Wish you all the best

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rzc24-nftbbg 2 years ago

Gradually, I can start with SPS/SWAP.HIVE and then proceed to DEC/SWAP.HIVE and SPS/DEC.

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mistakili 2 years ago

I don’t hold much DEC. I’ve bought packs with most I had lol. But the DEC pool certainly looks attractive

rzc24-nftbbg 2 years ago

Same here. I only had around 60k DEC but when the SPS airdrop ended, I started leveling up my cards. Planning to buy more DEC and SPS in the coming days.

!PGM

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pgm-curator 2 years ago

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poshtoken 2 years ago

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olebulls 2 years ago

I do not know if you have paid attention to @psyberx mate, but if you have not check it out! FPS launches Q1 ish and they are giving their NFTs utility already this fall!😊

mistakili 2 years ago

Oh I have and I’ve been accumulating those LVL tokens little by little. I saw the big pump a bunch of hours ago, and I’m like okayyyyyy what’s going on.

I’m indeed impressed with the development because many have said the game is a fluff and many other negative things, but the dev never stopped building. That’s a good sign in my opinion. I hope they can carry this energy up until completion.

Do you remember drugwars?

And thanks for giving me heads up about PsyberX. I appreciate

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olebulls 2 years ago

Yes indeed! They are very active. Shit gets done and bugs get resolved within a timely manner.

I did not play it but it was some arbitrage- and drug deal game?

Dud you play it?

Any time man, we are here to support each other😎

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mistakili 2 years ago

Yeah it was a drug deal game, and I played it, it had mad prospects too but it seemed the vision of the lead dev was different from what the community wanted, in terms of what will benefit everyone rather than select few. at the end, the lead dev didn’t listen and the game went down along with peoples investment. So I don’t blame people for being salty, but the thing is that we won’t grow by being salty. But we can’t tell people how to feel, devs on the other hand should maintain focus and communication with reasonable approach to openness and expect scrutiny, harsh scrutiny, many of it but still thrive through it

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olebulls 2 years ago

Exactly mate! Some great wisdome is shown here😎

Cheers!

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joetunex 2 years ago

Am not unstaking my SPS so the juicy APR is coming my way. 😋

Liquid Hive is a problem for me 🙆‍♀️ to take advantage of the HIVE-SPS

What's your plan on RF and Tower of Defense?

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mistakili 2 years ago

hey bro. I’m planing to buy the minimum of 50 packs so I can get 1 guaranteed airdrop card. I’ve always missed out on these extra versions, I never bought into ORBS, or Azmare dice packs,or any other special edition, this time, I just feel it’ll be nice and I can actually afford it as I’ve been accumulating the vouchers for long.

I don’t know what to do about Tower defense yet o, I might just wait till general sale and be picking the packs little by little. This is my stance for now sha

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joetunex 2 years ago

I think it is a good move bro.

I will be buying some packs, I have no funds to 50 packs though. I might have to put more skin in Tower of Defense than RW.

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sodomlv 2 years ago

I'm considering buying some SPS and holding it until RF is released on 27 Sep. It may have a better profit compared to putting SPS in LP. After that, I will enter in SPS-HIVE LP

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joetunex 2 years ago

Sounds like a good strategy, I think now is a good time to buy considering the price of SPS is increasing.

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belemo 2 years ago

Which pool you staking rn?

In my post, I talked about the benfit of staking in the DEC-SPS LP.

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mistakili 2 years ago

I’m staking in Hive - SPS because I have a bunch of liquid of them both and I’m bullish on them both too. Just checked out the post, excellent analysis.

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isnochys 2 years ago

Thank you for your witness vote!
Have a !BEER on me!
To Opt-Out of my witness beer program just comment STOP below

beerlover 2 years ago

^{View or trade BEER.}

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Learn how to earn FREE BEER each day by staking your BEER.

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l337m45732 2 years ago

i don't know enough about splinterlands honestly, but i have some assets and I think the future is bright

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mistakili 2 years ago

If they are stakable assets, be sure to be staking them. I agree the future is bright, they are certainly making many moves in the right direction

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shortsegments 2 years ago

Thats a massive APR. I am still staking my 100% of my SPS.
Whats the rationale for unstaking for riftwatchers?

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enison1 2 years ago

Riftwatchers requires SPS, so unless you’re going to buy, you can just unstake. This is what I think

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evernoticethat 2 years ago

I'm loving the daily gains I'm getting with my little stake in these pools. To me, its an added bonus on offer for playing and supporting #Splinterlands.

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mistakili 2 years ago

Definitely. I’m still waiting for someone to tell me where there is a better offer

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revise.leo 2 years ago

I'm also a big fan of these pools - it makes sense being in pretty much all of them as I don't know what's going to grow the most in value, so for these yields it's worth the risk, also the Hive-SPS/ VOUCHER-HIVE and DEC-SPS pools it's like doubling your stake with the other half of the asset and then double on what you can earn on SPS.

They're the three I'm in ATM although I'm probably gonna use most of those funds to buy some RiftWatchers packs, but then I'll be restacking after that for sure!

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mistakili 2 years ago

also the Hive-SPS/ VOUCHER-HIVE and DEC-SPS pools it's like doubling your stake with the other half of the asset and then double on what you can earn on SPS.

So many options.

I also plan to buy Riftwatchers with some sps.

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stefano.massari 2 years ago

Thanks for this article, you informed me about the pools, I knew there was staking on Splinterlands, but I did not know about the pools. Thanks for sharing

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mistakili 2 years ago

You’re most welcome. Like you, I also knew about it but I thought it’ll be hard to navigate, to my surprise it wasn’t even hard at all.

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stefano.massari 2 years ago

thanks for this further feedback

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taskmaster4450le 2 years ago

I have some SPS stake. Just letting it grow.

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belemo 2 years ago

Your money's working for you like the legend that you are

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enison1 2 years ago

Absolutely the best way to go about it. Holding liquid tokens without putting them to work should be a punishable offense

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olebulls 2 years ago

Unless you are going to buy some packs with them 🤪

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stefano.massari 2 years ago

The same

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reeta0119 2 years ago

Well said my friend and DeFi on Splinterlands has given us a great opportunity. I have over 16k SPS and this earns a good amount of SPS daily as per the current APR.

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mistakili 2 years ago

Sweet reeta! And if you have those other tokens too you can supercharge your earnings the more.

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heskay 2 years ago

Wao! This is an amazing one to know, I wish I had some of this

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mistakili 2 years ago

Like Aggroed said. You can start by writing about the game using relevant tags, entering the weekly writing or art contests on Splinterlands, accumulating those rewards till you’re able to buy the packs, play the game, write more about it, earn, supercharge your earnings using the DeFi platform, use the profit to buy more packs, rinse and repeat.

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heskay 2 years ago

It's a nice one to do buddy, just like all these will take some time to make it happen

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mistakili 2 years ago

Yeah def. Rome was not built in a day

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heskay 2 years ago

That's right buddy, it takes days to be built

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