My DEC earnings from Splinterlands
For me, Splinterlands is a passive income-generating game. I stopped playing the game long back but my assets are still intact in the game and have been using them for renting and earning a passive income in the form of DEC rewards. It is a high motivation to share my DEC earning starts every month. I have been doing this for the past few months and it is fun to check how much DEC I earn per month. The rental market is excellent and there are third-party services that offer great automation to manage the cards on rental to increase the income.
Looks like Splinterlands have come up with a new user interface for DEC. I'm noticing that only now. I have earned a total of 44710 DEC in the last one month as rental income from the cards I hold. I guess this is good because last month I was getting only around 39k and I'm able to see the rental income improved a little bit. Hopefully, it should get a little better. Let's see. But I'm already very happy about this because this is a passive income and absolutely no efforts from my end except for claiming this and writing this article once a month.
I still have not decided what I should be doing with the DEC I have been getting. For now, I'm keeping it liquid on Hive Engine looking for a good opportunity to sell them. I already decided that I want to book my profits. I have enough DEC already with me in the liquidity pool so maybe this is a good time to start booking my profits. But as I'm not following the market, I'm not sure when is the right time to swap that for Hive. Sending them to a liquidity pool is not a great option. The rewards I have been getting from the liquidity pool are not very attractive I should say. It used to be in DEC and now they have changed it to SPS I personally feel that the rewards are low and I'm not even sure about impermanent loss.
It has also been a long time since I purchased any splinterlands assets. I might as well buy some cards from the market and max out some of my cards. I believe that's also a good way to go because even though I'm not keeping track of the game I guess I should be investing further to move along with the crowd. Maybe someday when the bull run happens again, I can start booking my profits once again.
Every month when I write this post, I also take a screenshot of my diesel pool positions and share it. My biggest holdings are still in DEC and I'm a bit hesitant to push more DEC to the pool as I'm not sure if it is profiting me or not and there is no way to find it out.
I usually take a screenshot of my account worth too. I'm able to see the account worth has also reduced a little bit compared to last month. I'm guessing that the price of Hive also places a major role in calculating the account's worth. Hopefully, when Hive's price goes back above 1 dollar which can potentially be a bull run, there is a high chance that the asset value can also improve. Let's see.
If you like what I'm doing on Hive, you can vote me as a witness with the links below.
Vote @balaz as a Hive Witness
Vote @kanibot as a Hive Engine Witness
|
|
|
|
|
|
|
|
