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Some remarks on my way to boost my SPS airdrop!! (67 Days left)

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@screamheart
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Sup folks, here just a random article to mark my progress in my DSC:SPS liquidity pool milestone. Still, I am literally doing anything to boost my SPS airdrop points since I believe that SPS could be way more valuable in the coming future as long as we embrace another spring of crypto and the general capital market.

General View

Hive

  • The Hive has broke its upward trend and going towards with the general performance. Like dropping at the same time with BTC, ETH and so on....
  • I can wait another chance and I am not hurry to buy more Hive since we will never know where the bottom at.
  • Be patient

Daily average players

  • Generate from PeakMonsters.
  • Surprisingly, I just spot another pump in new player as at 18th May, 2022
  • Will keep tracking the data and interpret the insight behind the market.
  • Generally, it is a good sign combine in the upcoming big change in Node.

Active Rentals

  • The result was within my expectation, the rental contract pumps as the time goes by, especially during EOS for those sweet chests.
  • However, the daily contracts in USD is dropping since we found that the price of DEC drop as we are nearly at the end of SPS airdrop


My staked SPS

  • 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.

  • Currently I only staked 50 more SPS and sitting at 500 SPS staked to get some regular Vouchers drop on daily basis.

  • Average 0.026 daily Voucher for me.

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

  • For collection power, 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)

Focus of today: DEC liquidity pool

  • Yup, here comes my second milestone and I just hit 200K 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 67 days left for the SPS airdrop, so I expected that I will sitting at 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!

Posted Using LeoFinance Beta