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I am hodling, and you? (46 Days left)

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Screamheart
@screamheart
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4 min read

Sup folks, here just a remarkable stage for my progress in DSC:SPS liquidity pool. As I mentioned, I am literally doing anything to boost my SPS airdrop points since I believe in the value of SPS not matter how is the general environment. So far, the Splinterland team is doing great to maintain the sustainability of the whole eco-system, such as burning SPS or vouchers through different means.

Overview

Source of new players

  • Generate from PeakMonsters.
  • Surprisingly, the rate of new players is averagely 1000 per day after pump in new players as at 18th May, 2022
  • Will keep tracking the data and interpret the insight behind the market.
  • A good signal for long term development although it is not that significant in short

Active Rentals

  • The pattern has changed since the rank rework
  • No more pump during EOS (to a large extend)
  • The curve would become more flat and the rental will be spread smoothly

My staked SPS

  • The total value dropped from $44 to $38 due to the suffer of price

  • As I mentioned in my previous blog, I did NOT buy any single SPS from the market. It means that all my SPS are generated by the SPS airdrop everyday ever since I started Splinterland. So that I am actively manage to maximize my SPS airdrop in many ways as I mentioned.

  • I do not plan to stake more, instead, the liquidity pool is still my focus

  • Average 0.024 daily Voucher for me.

  • My focus is the DEC Liquidity Pools and collection power.

  • For my previous collection power model, please refer to my previous blog:

  1. Time to sweep cheap CP cards in the market? Let's check the statistics (Giveaway #1)
  2. Splinterlands - Starting a new season with some statistics on reward cards and power purchase #5 (Extra giveaways)
  3. It is high time to grab more SPS before the end of airdrop!! (96 Days left)

However, the model no longer work for me so I stop buying those cheap power under rate of 2. For one reason is that I will rather save some of my DEC for the collection of new reward card (which the price will drop in the coming few month); the other reasoon is that I have enough power for the rank. You can still refer to the model if you need POWER or you do not have full set of reward card.

Focus of today: DEC liquidity pool

  • Yup, here comes my third milestone and I just hit 300K DEC in my liquidity pool.
  • The liquidity pool doubles my SPS aridrop points which is pretty attractive for me.
  • I reinvest my SPS from my daily airdrop to the LP on a daily basis to enlarge the power of compound interest.

Caution: The most common risk that liquidity providers could face is that of impermanent loss. In simple terms, impermanent loss means that the fiat value of a user’s crypto assets deposited to a pool could decline over time.

  • With noticing the risk, I am fine with both SPS and DEC so that I just use dollar cost averaging method to put my money in brainless and enjoy the reward.
  • The most important point for me is the term 'Liquidity' which also applicable for me since I can get my SPS and DEC back whenever I want. Unlike the staked SPS that I need to wait 28 days for unlocking process. It is definitely a huge advantage for me.
  • As indicated in the title, we only have 46 days left for the SPS airdrop. Hopefully, I think I am able to do my fourth milestone for 400K in my liquidity pool unless there are something unexpected happens such as the increase of volatility of token price.

About LeoFinance

LeoFinance is a community for crypto & finance which powered by Hive and the LEO token economy. Basically it shares the same purpose as Hive based social media platform for finance related articles and discussions. As a result, I would like to start my blogging journey in LeoFinance to explore more in the lovely community, so please feel free to become one of us and grow together with the community.

Moreover, another thing that amazed me is the community token on its own. Leo is the token that can be earned when you use Leofinance as the platform in creating original articles and interact with others. As a result, being active in the community would reward you the with some extra earning both Hive and Leo token as long as you share the article and your thought in multi platform.

Hive Pizza Community

@Hive.Pizza, one of the most active communities in Hive, connects people all over the world with diversity of interests and topics like Games, Movies, Arts and Musics. The community airdrops !Pizza regularly and rewards the ones who are awesome and active. Come and join us to be one of the awesome people in the community and enjoy the approximately 12.9% APR of staking reward and spreading the love to the whole community.

The End

If you want to play Splinterlands, please feel free to click the Referral Link to enter my referral code. And I will transfer 200 DEC to you to help you with renting some starter cards to win the battle for more rewards.

Upvotes, Follows, and Tips are always OPTIONAL but highly appreciated. Your support is definitely the motivation for me to create more interesting and fun content.

Once again, thank you for sparing time to read my Blog and have fun!

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