170% APR: Where? When? How? (Sign Me Up)

in LeoFinance4 years ago (edited)

Splinterlands is offering an amazing APR on staked SPS. If you go to the official Splinterlands site and click on the SPS icon you will see that the APR is currently over 170%. No that's not a typo, Splinterlands really is given that high of an APR to players who stake their SPS tokens on the official Splinterlands site. Its likely this APR won't last long because as more SPS gets staked the lower the APR ends up being. This also works in reverse, if someone decided to unstake their SPS the APR for staked SPS could potentially increase.


What Is SPS?

SPS is the governance token for the HIVE Blockchain game Splinterlands. SPS has recently been introduced and currently there is a year long airdrop in place. To take part in the airdrop all one needs to do is hold Splinterlands assets. Doing so will allow your Splinterlands account to get airdropped SPS daily. Currently the airdrop is on day 31/365 so there's still plenty of time to get in on this action. To read more about the SPS token and its airdrop Click Here. SPS can be purchased in private sales or on exchanges such as Hive-Engine.

What Is Splinterlands

Splinterlands is a digital card game created by @aggroed and @yabapmatt. Game Play in which give prizes that have monetary value are being played daily. You can start playing or investing in Splinterlands today by clicking here.

Splinterlands Assets That Earn Airdrop Points

SPS USD Price (Monthly Graph)

Watch A Splinterlands Battle Below

https://steemmonsters.com?p=battle&id=sl_827199f371a4384d66612fc5460334b6&ref=rentmoney

image.png

Posted Using LeoFinance Beta

Sort:  

!PIZZA
!BEER

@rentmoney! I sent you a slice of $PIZZA on behalf of @eii.

Did you know you can earn $PIZZA through Hive-Engine Diesel Pools? (4/10)

The Splintershards (SPS) airdrop has been a stroke of genius. With the APR on staked tokens so high, I can't imagine anybody wanting to just cash in their SPS. But some are and when they do I snatch up a little of it when I can and the price is right. Then I stake that too.

This APR is so good that I just got called a scammer on Reddit for notifying a Crypto community about it. I can't wait to use the below quote in a future post of mine LOL.

Posted Using LeoFinance Beta

LOL! That is hilarious!

!PIZZA

@rentmoney! I sent you a slice of $PIZZA on behalf of @bokica80.

Did you know you can trade $PIZZA on Hive-Engine, Tribaldex, or LeoDex? (8/10)

Once they see the project and understand the Apr is that high because it's still an early investment they slap themselves in the face realising what epic chance they missed to join in this relative early stage

Yes the APR is awesome and staking makes the project more valuable, but for me personally it's all about the community. Normally I don't like games on mobile but this game really got me hooked

The Splinterlands community rocks and is its best asset.

Posted Using LeoFinance Beta

The community is the grow fundamental for every big project

Its nice to get a few dollars, looks like you have a nice pile of tokens there. I really like how seamless their interface is, definitely a great way to deploy DeFi. Splinterlands is highly underrated.

I agree, Splinterlands is underrated but word is starting to Spread.
(300,000+ Regisered accounts)

Posted Using LeoFinance Beta

That is quite impressive. As much as I want lower prices to accumulate more, it is finally time for Hive to reach $10+. What would this take? In my opinion, well look at the supply. If we really have another 200,000 accounts as stats suggest, there is not enough Hive for them all to power up 2000 HP. It is just not possible, therefore Hive will have to find a new price over time.

@aggroed predicted in last week's AMA that Splinterlands will have 1 million active users by the end of the year. This is the growth that one Game can bring. Imagine when a handfull of other Hive Apps start doing the same.

even when it drops to its lowest apr eventually, it will still be a great rate to earn!

Posted Using LeoFinance Beta

Agreed, APR like this doesn't come around everyday.

Posted Using LeoFinance Beta

Well wasn't it close to 300 APR when SPS came out?

Closer to/over 400 if I'm not mistaken ... but "it's only 170%" now is still madness... imagine getting "only" 170% APR from your local bank

Ohh ye its still insane no doubt haha xD

Yes, less SPS was staked then. As more SPS gets staked the less APR one earns. The same works in reverse, if a whale decides to unstake there's potential for the APR to increase.

Posted Using LeoFinance Beta

Ah ye ofcouse :p

Since day one I have put all my SPS tokens into staking and will continue to do so ;)
!BEER
!PIZZA
!LUV

@rentmoney! I sent you a slice of $PIZZA on behalf of @libertycrypto27.

Did you know you can now buy Rising Star packs with $PIZZA? (6/10)

<><

<><

LUV

Connect

Trade


@rentmoney, you've been given LUV from @libertycrypto27.

Check the LUV in your H-E wallet. (7/10)

Solid plan if you ask me. I sold two days worth of my airdrop share for HIVE so I can increase my HIVE Power and have staked the rest.

Thanks for the !BEER / !PIZZA and !LUV

Lets see if the !ENGAGE bot is working.

@libertycrypto27! I sent you a slice of $PIZZA on behalf of @rentmoney.

Did you know you can earn $PIZZA through Hive-Engine Diesel Pools? (1/10)

<><

<><

LUV

Connect

Trade


@libertycrypto27, you've been given LUV from @rentmoney.

Check the LUV in your H-E wallet. (1/5)

Thank you for your engagement on this post, you have recieved ENGAGE tokens.

10k tokens aww i have only 100 tokens
!PIZZA

@rentmoney! I sent you a slice of $PIZZA on behalf of @bokica80.

Did you know you can earn $VFT through the PIZZA farm? (7/10)

That's 100 more then most have.

Thanks for the !PIZZA

Posted Using LeoFinance Beta

@bokica80! I sent you a slice of $PIZZA on behalf of @rentmoney.

Did you know PIZZA has a very active community Discord? (4/10)

I am surprised that more SPS is not staked. Is the number of not staked in the 10's of millions? Do you think it will suddenly appear and be staked?


Posted via proofofbrain.io

Current Supply in circulaion is 220,000,000.

You can see Supply / Staked amount in the SPS Management section on Splinterlands. To find this section click on the SPS icon (Yellow Icon / Top of Page).

Posted Using LeoFinance Beta

Connect

Trade


@rentmoney! This post has been manually curated by the $PIZZA Token team!

Learn more about $PIZZA Token at hive.pizza. Enjoy a slice of $PIZZA on us!

I staked some SPS from the airdrops for the first time today.

Earning SPS for playing doesn't seem like its been implemented yet or am I missing something.

Not implemented yet.