How I Turned SPS Staking into a True Source of Passive Income in Splinterlands

in Olio di Balena4 days ago

Hello
Splinterlands Lovers

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Splinterlands Jorney

Among friends, I have been associated with splinterlands and hive since 2024. My experience with Splinterlands has been very good. I have a very good collection of cards, I am making my Splinterlands collection even stronger by purchasing more cards. I just stack the earnings I'm making in Splinterlands. I also stack its staking rewards here and also stack the battle earnings. I have to stack around 50000 tokens in my Splinterlands account, this is my goal so that I can earn good passive income.

|> Splinterlands is not just a card game for me it has also become a way to earn passive income.

|> In this post I want to share my experience with SPS staking and how it is rewarding me without daily active work.

What is SPS Staking?

sps token stacking means that you stack or lock your sps tokens in your game. This means that you can use it only when you unstack it, till then it will remain locked in your Splinterlands ID.

When you stack sps tokens in Splinterlands, you are eligible for daily staking rewards. Meaning, the more sps tokens you stack, you get a daily reward for that number of tokens. Through this you can earn passive income. The more sps you stack, the more daily rewards you get. Where you don't have to do any hard work. After you stack, you will start getting income.

The reward system in this is that as you stack sps every day, you will automatically get rewards. This means that your reward will be distributed automatically according to your stacking. Here is the biggest opportunity to earn income. Web3 is a boon for us.

My Sps Token Daily Reward Dashboard

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MY SPS STAKING DASHBOARD. CURRENTLY I HAVE AROUND 23,613 SPS STAKED, AND I AM EARNING REWARDS REGULARLY FROM IT.

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EARNING REWARD 105.584 SPS TOKEN AND 13.772 VOUCHER

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MY STACK SPS 23613.06 APPROX USD VALUE 151.26

Passive Income

I consider sps staking a source of passive income because I've staked my tokens, and now I don't need to trade daily or be actively involved in the game every day. ​​Battling isn't mandatory. If you do play battles, you'll definitely receive battle rewards, which is another way to earn. The rewards here are automatically credited, so I can say this is a stress-free earning method.

My Reward

Here, I've received some really good rewards from battles and after staking my SPS. When you receive rewards here, you can restake them to earn even more income. You can claim your rewards anytime and also restake them. Here, I have 105.585 SPS in rewards, which I will claim and then stake. After that, I will start earning even more passive income.

My Honest Opinion Stack SPS Token !!

This is a great feature for long-term players. Splinterlands' staking feature gives a unique vibe. It can provide you with excellent returns on your investment. Even if you're inactive, your income continues. You could say that this Splinterlands feature is a reward for your patience. Your investment here can take you a long way. So in my honest opinion you should buy SPS tokens and stake them.

conclusion

If you are holding SPS tokens and not staking them you are missing out. SPS staking is easy, and understanding it and reinvesting your rewards is beneficial and a simple way to generate passive income within the Splinterlands ecosystem.

THANK U

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Great update man, I love it.I just followed you and I love splinterlands and even though I am new,I am beginning to get more knowledge about it.