Staked 200K SPS and my future Splinterland's plan.

5 mo (edited)
LeoFinance
2 Min Read
455 words

Staked 200K SPS and my future Splinterland's plan.

I am happy that I am able to stake 200K SPS on my account even before the airdrop got completed. Staked on 3 different accounts, my total SPS staked is now greater then 200K SPS.

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Looking at the current SPS price, the overall value of stake is under 10K USD but somewhere in my deep I am still convinced that SPS is able to make 100x from where it stand. Comparing it's price against the Axie-infinity's AXS, it's value still come over $2 per SPS.

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Source

In next few days airdrop is going to end and I guess that few more use case and completed airdrop will start propelling SPS price to upwards.
It is also noticeable that till now 840 million SPS has been minted and it make 28% of the max supply. Still it will take more then 5 years (65 months) from now to mint the overall 3 Billion Supply.

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Play2Earn SPS rewards is single largest contributing factors for SPS supply is yet to start but this supply will be injected in 65 month period so it's injection will slow.

This also put emphasis that we should take position in SPS as very long term like 10 years where it's all minting will be complete and it's actual Governance value will be start kicking and might show us some gain that might we have never imagined.

Anyways, my plan is now to increase my holding gradually to 300K if feasible but never go down to 200K of SPS.
As we know Splinterland's team coming up with the sales that required SPS to purchase and I have to be firm that how good sales look I should dilute myself below 200K but instead work towards my another goal of 300K SPS before all the sources emitting SPS dry up.

I guess thinking of next 5 or 10 years at current will be long period but in reality time flies fast and think how much return someone able to generate who has it's Bitcoin from last 10 years.
Anyways SPS is very young and have very different mechanics but I hope the long game in SPS will be extremely rewarding.

Note for my affiliates

If you want to play splinterlands then you can join it here

I saw few of the player joined the game using my affiliate link and then stopped playing after few battles. If you have any difficulty in playing game, do not hesitate and join the game discord. It is really helping community and contact me here or on discord, I will definitely review your game for your better game experience.

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1

Beeeeeeaaaast Rajat, im hoping to still get to 100k soon, might be couple months. To see 1 dollar SPS would be sweet.

!PGM

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3

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @captainquack22, @r1s2g3

remaining commands 8

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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1

Wish you all the best Captain for 100K.

To see 1 dollar SPS would be sweet.

Sure, but I hope SL team will might make it more valuable.

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1

Did you buy any nodes? Once the daily airdrop of SPS is finished, that might be the only way to get daily inflow of SPS.

1

Yes , I have one validator Node license but SPS eill continue to flow for next 55 months as staking rewards and LP rewards.
Play2Earn rewards are yet to start and they will contribute 900 million SPS in 65 months.

So still lot of SPS yet to be injected in system but much slowly then the airdrop. That's why I got feeling it might take time for SPS to get strong Dollar value so it is good to keep accumulating more SPS.

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2

Thanks for clearing that up

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0

wow - 200k SPS - thats nice - you must get some nice staking rewards from that !
!ALIVE

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2

@r1s2g3! You Are Alive so I just staked 0.1 $ALIVE to your account on behalf of @hoosie. (9/10)

The tip has been paid for by the We Are Alive Tribe through the earnings on @alive.chat, feel free to swing by our daily chat any time you want.

0

Thanks Hoosie

!CTP

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0

Congrats Rajat, awesome achievement.

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1

Thanks Coding.
!CTP

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0

Congrats dude, that's a great achievement! I'm still at 1,200 + something in LP pair. Stacking like crazy these remaining days!

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1

Nice , I feel it is cheap to stake . just stake them and forget for years , Daily price monitoring might will cause disappointment

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1

Cheers! You are absolutely right, no point staring at the price when you got a plan

1

Congratulations for accumulating this many SPS and GOOD LUCK for your future plans.

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1

Thanks friend.
!CTP

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0

Great Post!

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1

Thanks Luizeba.

!CTP !PGM

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Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @luizeba

remaining commands 0

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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1

Thanks for sharing! - @marianaemilia

Congrats for this achievement!

0
4 mo

200k is very impressive. I'm looking to hit 100k and I'll be trying to hold that number as well. If they ever get SPS renting I'll be thrilled.

!PGM
!LOLZ

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0

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.05 DEC - 15 SBT tokens to @imno, @r1s2g3

remaining commands 14

BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!

The tokens that the command sends are: 0.1 PGM-0.1 LVL-2.5 BUDS-0.01 MOTA-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]

5000 PGM IN STAKE = 2x rewards!

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