It's been a long while on splinterlands. It has been so hectic and busy for me these days and I haven't been able to wrap my head over a lot of things but now I am better and less stressed.
I have been talking about various ways of earning on the splinterlands community on hive , which includes little things like joining the social media challenge thereby creating an awareness of the splinterlands collectible card games on various social media platforms like twitter, facebook, and a lot of other numerous spaces. Share your weekly battle challenges loose or wins.
Also like I said in the last post you can earn from creating videos and creating good contents both in videos and in articles
Alright there's another goody
Let's get down to another beautiful business, I bring to you another lucrative way of making more money on the splinterlands collectible card games.
We are quite familiar with what staking is all about, staking in cryptocurrency, if not I'll explain.
Staking Splintershards
Staking In cryptocurrency means locking up your crypto holdings i.e the digital assets in your crypto portfolio like coins, tokens, Nfts etc. Here in hive you could stake your hive and hive earnings as well, leo tokens and on splinterlands collectible games you can stake your splintershards(sps). Splintershards (sps) is the official native token of the splinterlands collectible card games.
Now, Staking splintershards (sps) is a way of locking up your SPS for additional rewards. During this period Staked SPS cannot be spent or transferred out of your account as it is considered not liquid
Source says; Please note that all SPS rewards earned from ranked battle victory, seasonal and daily loot chests, and Validator Node license rewards are staked automatically once they are claimed.
Now what happens when you HODL an sps?
SPS token holders get an opportunity to get actively involved in management and governance and acquire a lot of goodies.
Users can stake SPS tokens in crypto wallet addresses like BSC wallet addresses or a Splinterlands game account(an account can be created for you on Hive) to receive staking rewards. As staking demands staked SPS tokens are not liquid and may not be transferred or traded, meaning it has been locked up for a particular period of time.
Staked tokens appreciates especially during the bull season thereby making those who staked splintershards smile so hard.
It is advisable to hop on this gold mine for a better productivity
