Hello Splinterlands and Hive Fam!
I hope that life is treating you well wherever you are in this part of the world. The weekend is also.
My Splinterlands Game account is - FinPulse9.
SPS coin, which is offering good returns in the game, and currently, this APR is more than 10%. Although this APR is not fixed and it can fluctuate at any point in time depending on many factors in the market, over the last many months, I have seen it at about 10% which is a kind of stable returns we can get with SPS coin. Prices can surely fluctuate depending upon the market supply and demand, but I believe that it has the potential to appreciate its value in the future, especially when the market recovers for altcoins.
Currently, I own about 119K SPS tokens, which I think is a good amount, but I'm still trying to make it more, and probably within this year, I'll be happy to make it 200K. I could have done it already, but I invested a good amount of money in Hive. When I did that, the price for hive was nearly 20 cents, but now it is less than 14 cents. So my investment is down, and that is not a problem for me because I'm just concerned why I did not wait for some time so that I could have gotten even more coins for the same money, but it is the market, and I just can't predict. And in fact, nobody can predict the next possible move in the market.
As I mentioned that the current APR is more than 10% for SPS coins, and all you need to do is move the tokens in the game account and power up. That is all you need to do and you are eligible to earn this reward and please note that this reward is distributed in two components which is SPS and the voucher token where SPS is the same token that we stake but Voucher is different and you might need to look for more details related to the voucher but this token is also listed on the Hive engine exchange.
This voucher token is kind of a silent token in the market, and look at the biller snapshot, where you will not see any action, and the trading volume is almost zero. So I'm a little concerned why there is no action on this token, which is associated with such a nice game like Splinterlands.
This is my staking rewards, which I have the option to claim now, and you can see that it is showing a voucher along with SPS token, so there are two tokens of label for the claim as part of the reward, and there is another option called Validator license reward, which is 0 in my case because I don't own any validator. I recently got to know about validator, but I still have very limited knowledge about it, so it is another segment or part of the game that I need to explore more, which I will do later. I don't know how this mechanism works, so I will have to figure it out, and if it is going to be a good reward, then I might consider buying this, but for now, this block is more about the SPS and how we can utilize the available earning opportunity through this coin in the game.
The trading for this voucher token is low in the market, but I think we need to figure out how this voucher can be used within the game ecosystem also and since it is part of the reward that we generate through the SPS holding in the game account so I am sure that the use case for this boxer can also be good which I will explore. I feel like SPS is a valuable token because it is giving us the opportunity to earn a good reward, which is more than 10% along with the possibility to earn higher in-game rewards every season. After all, the boost multiplier is dependent upon how much SPS Stake we have in the Game. This can be a good time to buy more SPS, also because the price is low, and don't forget that you can also earn rewards through the lease on SPS Power, which is another aspect of earning rewards within the game itself. Thank you!
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Image Courtesy: Splinterlands game and hive-engine website
Posted Using INLEO
If it only would rise in price again.
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The reminder that the APR can fluctuate and isn’t guaranteed was very helpful, it keeps expectations realistic.
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