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SPS staking at 25% APR, What if I tell you can earn 3x more APR feat PKM!

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@cantfoldaces
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Splinterlands is the game that got me into Hive ecosystem and since then I've been hooked onto this and always learning about news stuff even till now! I've been enjoying playing splinterlands (Bronze is enough tbh) also the tokenomics behind this game especially SPS and DEC. As the title says, I'll bring you the way the earn 3x more APR from SPS!

SPS Staking

I'm sure that everyone playing splinterlands knows about SPS. Staking SPS does provide a couple of benefits:

  • 25% APR in SPS rewards
  • Vouchers
  • Tournaments entry (will go more about that on another post)

PKM/SPS Pool

PKM Token was created by PeakMonsters Team aiming to be a Utility Token that provides some perks like some perks for PKM token Hodlers and profit sharing! Our focus will be on the latter and it'll be done via PKM/SPS Liquidity Pool

A whopping $50,000 are available to be distributed over the course of 120 days! With an additional $3,000 to be added to the pool monthly!

We plan to add every month or quarter to the reward pool from PeakMonsters.com profits. Since our profits go up and down each month, our donations to the reward pool will also change monthly. We suspect it will be at least $3,000 monthly, but as Splinterlands and PeakMonsters grows, those donations may go up.

You can check out the pool on Beeswap or Tribaldex:

How to add/remove liquidity: Please refer to this amazing Tutorial

As the title says: You get 75% APR or 3x more APR by joining this pool by either:

  • Splitting 50% of your SPS into PKM Token
  • Providing an equal amount of PKM to your owned SPS
  • Unstaking SPS takes 4 weeks to fully unstake. However you can remove liquidity at any time in a matter of seconds

Liquidity Pool helps keeping the price stable as long as one of these tokens doesn't dump (or pump) too hard! Currently: 1 SPS = 5 PKM

In Depth with PKM/SPS Pool Rewards

  • PKM and SPS, I love pools who offer the same rewards as the liquidity pair: perfect for Auto-compounding and growing stakes for better rewards or just swap PKM for SPS if you want / feel safe to just hold SPS, just waiting for it to reach it's ATH again:

  • VOUCHER: Staking SPS isn't the only way to get VOUCHER as PKM/SPS Pool does provide it as rewards too (don't expect too much tho)

  • DEC: I love DEC and I do welcome very opportunity to get some, especially with the battles rewards being too low, every bit of DEC helps for more SPS Airdrops and potentially buying cards to climb to higher leagues.
  • SWAP.HIVE: You can never go wrong with HIVE:
    • Swap for SPS or PKM
    • Provide liquidity on another pool
    • Stake it for Hive Power
  • CENT: a stable coin soft pegged to $0.01 and holding its peg quite well according to the graph, has it's own front end and juicy staking rewards at around 200% if curation done right! Worth holding some.

  • REDACTED INFOWARS WINE: very low reward share and not much infos about these tokens, if you got some infos please let me know in the comments.

Conclusion

SPS is at it's lowest, the right opportunity for us to grab as much as possible, and why not instead of just Hodling, make even more profits! Either by staking it for 25% or Providing liquidity for 75% by pairing it with a Token that got a solid, well-know project behind it: PeakMonsters!