Why this is the right time to Invest in Splinterlands..
I am about to complete 2 years on the splinterlands and this second year on this blockchain-based game has been amazing. There are various reasons why I love this game and every day I spend some time playing some battles as well as for claiming my daily SPS reward. I don't want to miss anything and this is why I visit the platform every day to get this done without delay. Keeping SPS idle or unclaimed does not bring any value but if I claim and stake in the account then it starts earning almost 35% of APR which is too good. Its obvious that some people might not be happy with this reduced APR but I am sure that many are like it. If I try to explain the apr in banking term then, in India banks are paying 5-6% of interest on fixed deposits for a year. So this way 25% is more than 5 times what we can earn with an SPS stake.
I do understand that there is no comparison between the way banks work and the DeFi or staking platform works but one thing is confirmed for sure and that, why would go for a lower percentage if I can earn more. So this percentage of 35% is too good and I am enjoying it, however, its even expected to drop as the stake is growing so with increasing stake we can expect the APR to go down.
I have been investing and re-investing on splinterlands and this has been doing well because, with my investment, the daily drop is getting increased which is making me happy. Now there is a change that I am going to do with my investment in the splinterlands and now I am focusing to buy more cards. I have shortlisted many cards and my cards shopping has started since yesterday. This will bring me two benefits as of now-
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With more cards my collection power will increase so I move to the higher level of battles and with the higher league, there is potential to earn higher DEC earnings along with more loot chests. Now since CL packs are also getting distributed in reward so this is another reason to be part of the higher league. Although I am not eligible as of now because my collection power is making me eligible to play in silver 3 only but my next goal is to reach the gold league and this can make my battling even more fun.
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SPS airdrop is going on so whenever we buy any assets in the game then it also results in the increase of points. Screenshot for the SPS drop happens daily and an increase in the points also increases the drop so this is another benefit of investing in the game as of now.
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Crypto market is down and the same is applicable on the game market as well which means all the cards are available for buy on discount. There was a time when each and every card price was up by 10x or more but again the price is down by 70-80% and I don't that it will go further down. Even if you buy cards from Chaos Legion edition and the prices are even low. So my plan is to buy some good cards and level my deck with 1-2 splinters like Earth or water so that I can play more battles with these ones.
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DEC is the currency of the game and these days its price is also pretty much low however this is the token that helps to increase the SPS airdrop significantly and can surely be considered to invest in however its not financial advice.
So in my opinion this is a good time to put on the game. I did some hive power down and this entire amount I will invest in splinterlands. I am not in hurry and I will few days of time to get it done but I want to have the cards that have great power and also come with a lower price so I can add more value to my account through the smarter approach.
Thank you so much
Stay Safe
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