Hello and Namaste Everyone
I am following some goals on this chain/platform. If I talk about splinterlands, it's surely for SPS tokens. This is also known as splintershards, and it's a governance token of the game. This token was released when the last bullet was going on and it was 2021. I had no idea what this token was going to be because I was pretty much new in this game and there were many things of which I was not aware. Despite this, I tried to be active in the game and then started accumulating more tokens or this coin through the daily airdrop distribution. I never got any airdrop before this so I was very happy and I was getting the token distribution every day.
I had never seen this type of airdrop before when the value is high for the token and the token is also distributed every day. At that time I expected that this token was going to be valuable but I never imagined that the value would drop like 99% of the market price. It is also because I was new in the system and crypto was new for me at that time. Now that time is over and we are in 2024 when the token price is less than $0.01. I don't know whether the price for SPS will grow to $1 but it will grow for sure. This time the game is not in a good state but hopefully, the situation will change when the market recovers.
Current In-game SPS Balance
Currently, I hold more than 57,000 SPS coins in my game account. My goal is to have 60,000 SPS coins in my game account so there is not a big gap in between and I am hoping that I will be able to complete this soon. I have not set up any deadline or you can say timeline for this achievement but I am very sure that I will be able to do this within this year. It may take a couple of months but that is what we have in this year and hopefully, my plan will go through. I follow the reinvestment strategy in the game which means whatever coins I earn are added to the balance and this is helping me grow my SPS balance over the period.
Reinvesting with SPS
Because I follow a reinvesting strategy with the sphere here I am to power up whatever coins I have in my account. This is part of my reinvesting strategy in the game and as of now, I have 247 SPS points which I am going to power up. I think it can be a great idea to have an SPS power-up day with the same theme as HPUD or LPUD. It can be a great initiative but I don't know if the team behind splinterlands will think of doing it but they should do it I believe.
This is the updated balance after all the tokens are staked. After staking we earn an APR of 10.87% as of now and it fluctuates a bit. Even though this APR is not so great I think it's not bad because ultimately we are getting multiple benefits for holding SPS in the game. On top of that, we can earn some APR which is like a written on the holding that is worth holding SPS in the game.
This has been my action for the day with SPS and because it is my goal in the game to make it 60,000 SPS I am trying to get it done as soon as possible. I just tried my best to do whatever is possible and I'm not a whale so I can't buy quantity in millions. I'm just a normal user in the game who is trying to have more assets in the game and the same I have been doing since 2020. It was the ear when I started my journey with this game and this is the only game I am associated with as a player. I know that there are so many games on the hive platform itself but I have no time to play those games and this game is good enough for me.
You can join the game using my below affiliate link and I can also help in the game if needed.
https://splinterlands.com?ref=reeta0119
[Images are taken from splinterlands wherever the image source is not mentioned]
Thank you so much
Stay Safe