Posts

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

avatar of @r1s2g3
74
Tinkerer
2 min read

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.

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.

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.

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.

Posted Using LeoFinance Beta