Find out about how you can invest your Splinterlands Profits into Liquidity Pools, diversifying your crypto portfolio and earning good rewards!
Intro to Liquidity Pools
If you do not know what Liquidity Pools are, I have written a post in the past that can help you with the basics. Click here to read it!
But, in very simple terms, a Liquidity Pool is a collection of two different assets, put together by a group of people (Liquidity Providers, you and me!), allowing other people to trade one asset for the other.
For example, on the PIZZA:DEC Pool, you can exchange one asset ($PIZZA) for the other ($DEC); or the other way around ($DEC for $PIZZA).
DEC Liquidity Pools
The first investment strategy is adding your DEC into Official Liquidity Pools in order to DOUBLE your SPS Airdrop Points!
As you can see, for each DEC you have in your wallet, you'll receive 1 Airdrop Point. But if you put those DEC in Liquidity Pools, you'll literally double your earnings and receive 2 Airdrop Points per DEC!
On TribalDex.com, there are 3 Official Liquidity Pools that will double up your Airdrop Points: SWAP.HIVE:DEC; BEE:DEC and DEC:SPS. This means that you can mix your DEC with your HIVE tokens, with BEE (the Hive-Engine Token), and with SPS itself.
The DEC:SPS Pool, in particular, is very interesting: if you're actively playing the game, you'll earn DEC throught the Ranked Games; you'll also earn SPS throught the Daily Airdrops. And you can use the both the DEC and the SPS to add liquidity to the DEC:SPS pool, increasing even more your future SPS airdrops.
The SWAP.HIVE:DEC Pool is very attractive if you're an active blogger on Hive. As you'll be earning Hive tokens by creating content on the blockchain, you can use them to add liquidity into the Pool together with your hard-earned DEC from Splinterlands!
Another investment strategy is adding your DEC to the PIZZA:DEC Liquidity Pool. Unfortunately, it is NOT a Supported DEC Liquidity Pool and, thus, it wilL NOT count towards your Airdrop Points. In the other hand, it's currently offering a very healthy 48.7% APR, which (almost) means a 50% return per year.
$PIZZA is a very solid Hive community with several projects going on, including Cryptogaming Scholarships, DeFi, Tipping/Engaging Mechanisms, and a strong curation program.
SPS Liquidity Pools
If you're writing about Splinterlands on the Hive Blockchain, there's a great Liquidity Pool for you to invest into: SPS:SPT.
$SPT is the second-layer token that you earn when you write about Splinterlands and tag your posts with the #SPT hashtag.
The SPS:SPT Pool is currently offering an APR of 64.3%. Nice, isn't it?
Take a look at this Strategy:
Create Splinterlands content on the Hive Blockchain, earning both $HIVE and $SPT tokens;
Play Splinterlands everyday, earning $DEC;
Earn free $SPS through the Daily Airdrops;
Add Liquidity to SWAP.HIVE:DEC Pool and SPS:SPT Pool, growing your income everyday by reinvesting all the assets you're earning.
By following this Strategy, your profits will compound everyday, and you'll make a lot of money.
SPT Liquidity Pools
When you're creating and sharing Splinterlands contents on the Hive Blockchain, you can also tag your posts with the #ONEUP hashtag. ONEUP is a community focused on Blockchain-Based Games, which means that Splinterlands content is more-than-welcome to use their tag.
This also means that your posts will be able to receive $ONEUP rewards too.
And you know what that means?
That you can invest in one of the Liquidity Pools with highest APR on TribalDex: the ONEUP:SPT Pool!
The ONEUP:SPT Liquidity Pool is currently offering an almost-unbelivable APR of 151%, more than DOUBLING your investments every year.
Not only that, but your efforts to create Splinterlands content will also be doubled (as you'll be receiving rewards in both $SPT and $ONEUP tokens), and you'll be able to invest these two tokens together in order to earn even more tokens (mainly more $ONEUP itself and $LVL, from the @psyberx game).
New Player Bonus Offer
If you're a new Splinterlands player that still haven't bought the 10$ Summoner's Spellbook, you can help both you and me by creating a new account using my Referral Link HERE. If you create an account using my link and then buy the Summoner's Spellbook, leave a comment here and let me know.
I'll send you some cards for free to use on your first weeks in the game to help you progress faster through the Bronze League! Using my Referral link doesn't cost you anything extra and will make both of us stronger 💪!
Thanks for reading this post, and until next time!
If you enjoyed the post, feel free to follow me as I'm routinely writing about Gaming, Investment, Fitness and Writing, and posting about other random fun subjects like Travel, Photography and Metal Detecting!
I'm also a Gaming Curator, both for NFT and regular Games, with experience on 1UP.zone and Ecency. If you want to vote on superb content, just Follow my Trail!
If you want to play fun NFT Games, I do strongly recommend Splinterlands, RisingStar, Rabona and dCrops. Send me a message if you need help starting out!
Unless stated otherwise, all images are created and owned by me, or from the game depicted on this post.
This is definitely NOT financial, legal or investment advice. You wouldn't get your financial advice from a squirrel, would you? Cryptocurrencies are very volatile, so don't invest what you can't afford to lose.
Also, believe it or not, I'm not actually a squirrel! This handsome rodent in my profile picture is a character from 'Conker: Live & Reloaded'. Here's Real Life me!
