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RE: The Index Token Update - We've Got SPS & New Tokens!

in The CTP Swarm3 years ago

We can continue to hold SPS and stake it when staking is enabled on August 2nd.

I guess you are aware of how staking rewards will be generated:

"Both the Ranked Battles pool and the SPS Staking Rewards pool will work similarly to how the DEC rewards for ranked battles work currently. After every ranked battle, a number of "reward shares" will be calculated for the winner based on the winner's ranked ladder rating, their Energy Capture Rate (ECR), and any modifiers such as the use of gold cards, win streak, and guild or other bonuses.

Then the reward shares value will be adjusted based on the amount of SPS tokens staked on that player in total."

If no one is playing that account or account have low ranking, staking yield will not be great at all.

Posted Using LeoFinance Beta

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So, unless one invests time in playing the game, not worth staking SPS. Perhaps INDEX should distribute now, while the hype is greatest.

Posted Using LeoFinance Beta

Then looks like we'll be on the hunt for a player to represent us well for the rewards lol

We're open to all options!