It is a routine to get off my bed between 06:00-07:00 every morning to publish my first post of the day, this I do simultaneously by responding to comments from the previous day and having a quick look at my feed from the early publishers like myself before freshening up or grabbing a cup of coffee. The first post that caught my attention this morning was Splintershards (SPS) Token Updates
On the demand side of the equation - we want to remind everyone that the validator node license sale is scheduled to begin in the next few weeks which is expected to burn huge amounts of SPS tokens over many years as well as the upcoming release of the Riftwatchers mini-edition (expected in Q3 2022) which is planned to ONLY be purchasable with SPS, all of which will go to the DAO to be managed by the token holders.
As of today we have 86 days left for SPS airdrop to end which I am looking forward to so we can start seeing the governance side of SPS amongst other use cases. By the looks of things SPS will be used in purchasing assets a lot often which is what caught my attention from the above quote in the SPS token update post.
Riftwatchers is the next in line cards to be launched with the ongoing sale of Chaos Legion if CL isn't sold out by the time of Riftwatchesr launch.
I basically woke up to a dilemma on what to do in terms of investing in Riftwatchers, for me not only is it an investment but also a move to strengthening my deck depending on the card(s) I will be purchasing.
Not to be taken as financial advise, I see the price of SPS doing better than it is now when the airdrop comes to an end, we might not see crazy surge in price immediately but every 10 to 20 cent appreciation of the token is to be expected.
Currently SPS exchanges hands for $0.118, it on the cheap considering it selling in the 90 cent region months back. accumulating more of it now will be a wise move for me.
The dilemma is I have other goals, 15k HP, 5k LP by the end of the year. I choose to remain flexible on my HBD savings as I consistently save, I am preparing to diversify onto Polycub with SPS pool to be available on there, porting of Polycub developments onto Cubfinance have seen my plans broaden as it vital for me to diversify and tap into the opportunities available on Hive's ecosystem.
The feel to this is, I feel I am a banker, we are bankers, we move funds around, diversifying them for better performance to yield more money. This is what the traditional banks do with our money deposited in the banks. We now find ourselves being in control of money like the banks which one of the benefit Hive have impacted on me, being continuously in charge of my funds and having control over it with the consequence solely on me.
It is not easy being a banker but I'd rather be my own banker.
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Thanks for sharing.
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Thanks for reading
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I'm so bullish on SPS, constantly trying to figure out ways to get more collection power.
I feel the same as well, I always want more of SPS, one way or the I will be buying whatever I can afford while it's still cheap.
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Same here
I don't know what to do either. In my case, I think I might just skip riftwatchers and see what happens. In any case, SPS price should go up when the airdrop ends.
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We still have some time between now and when it launches, we should have clearer thoughts when the time comes.
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I remember during the private sale of CL packs, one could use only sps tokens. We watched the tokens climb from 0.3-0.9$, with riftwatchers in the twist requiring only sps, it’ll be interesting to see what the effect will be on the price of sps.
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Bro I see the price of SPS going up due to the demand for it in purchasing Riftwatchers. It most probably won't be selling for what it is selling for now.
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Technically , I am too confused about SPS price.
Stop in airdrop might strengthen SPS price as it is really a lot of SPS getting dropped without any use case.
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A rampant habit within the crypto space is airdrops gets dumped a lot quicker than HODLing them only few HODL so am looking at an increase in price of SPS when the airdrop is over
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There also an upcoming sps to polygon bridge with a liquidity pool, splinterlands investors should be ready to stake pSPS - POLYCUB on the polycub platform!
Options galore on here, am looking forward to that, by the end of this year it will be crazy how much we would have grown investment-wise as well as developments. Great stuff are happening here!
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true, but i think splinterlands players are underestimating the potential of getting in on that liquidity pool, if sps whales end up winning control of the polycub governance, that pool will end up with the highest rewards.
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I am bullish on it and have stopped staking my SPS in-game in preparation for providing liquidity and yes we do have some big time Splinterlands whales to really spin things our way. Will be interesting to see how it pans out.
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i went a step further and started unstaking sps in preperation for the lp pool
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😀 now that's a bullish move, I will have to look around if I can gather some fiat towards getting my hands on SPS.
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i plan on using fiat to buy the polycub i need to pair with the sps I'm unstaking
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I'm optimistic about the price of SPS, too. Based on the announcement, we went from 71 million SPS airdropped to 51 million, then just 17 million per month in about 85 days. That's a big decrease in supply.
So true. It's also a good time to learn how to be a banker. 😁
!CTP
I notice the decrease in SPS drops, I provided more DEC-SPS liquidity yesterday to counter it so I can get more SPS airdrop, let's hope our optimism pans out the way we wish.
What league in Splinterlands do you play? Am in Gold league III
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Yeah. Unless you do something to increase airdrop points every day, SPS will keep decreasing. 😩
I play Gold I.
Yes I just keep an eye on it and see how to keep earning more or at least same.
Nice of you playing in Gold I, Diamond is your next target as I aim for Gold II.
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