It's time for another monthly update about the SBT Project, which is one of the projects that I am more heavily involved lately.
For those who are not familiar and are new to this project, SBT is Splinterlands Battle Token. This is a project which @itzninjafool has put a tremendous amount of effort and resources into, and I have been around into the Discord channel for a while and I really enjoy the events and raffles!
The big news recently is, they have also started curating posts by the SBT members, based on the amount of HP delegation to @sbtofficial and the various membership tiers. I think the team is at the experimental stage so it's a lot of trial and error, as the account needs to manage the voting mana efficiently and at the same time, be fair to everyone as much as possible. The small upvotes are coming in so that's something good to look forward to!
SBT TOKEN
SBT has traded at much higher levels before, but at time of writing now, you can get 1 million SBT for about 40 to 67 Hive!! One month ago, it was around 37 to 44 Hive. That's a big jump in the price of Hive! Looks like more and more people are starting to take notice of the SBT project and the rewards that staking SBT brings!
RAFFLES
Currently, there are 6 raffles daily in the Discord server.
- Legendary Tier (1 million SBT staked to join)
- Epic Tier (100,000 SBT staked to join)
- Rare Tier (25,000 SBT staked to join)
- Common Tier (10,000 SBT staked to join)
- For All
- SBT Token Raffle
MY WINS
I have more than 1 million SBT staked, so I have 6 chances to win every single day. Since the update a month ago, I have won a few more cards! The biggest win has got to be Redwyrm Dragon! Haunted Spirit was a nice win too! The rest are all small wins but that's ok, that's how luck and randomness works! Hopefully I can win one of the bigger cards on the wheel someday!
SPLINTERLANDS REWARDS - SPS, DEC, VOUCHER DRIPS
No matter whether one is lucky or unlucky with the raffles, there's always the "guaranteed" rewards! Staking SBT earns you Splinterlands assets such as weekly SPS, DEC and VOUCHER drips. Due to RC constraints, the drips are now done weekly instead of daily, which is reflected in the difference in numbers in the screenshots below.
Fridays are the Drip Days! And with my current staked SBT, my last weekly drip was 81 DEC, 1+ VOUCHER and 6+ SPS! Just by staking SBT! It all adds up!
DEC
VOUCHER
SPS
BTC, ETH and DOGE DRIPS
If you are a crypto fan, you are going to like this too! There's weekly drips for BTC, ETH and DOGE too! Here's what I have accumulated so far, about USD 3.17 as of now (vs USD 2.25 in the last update). It's not a lot as expected in absolute dollars, but compared against the dollar amount of the staked SBT, the ROI is pretty good! And if you think these drips are tasty, you can consider getting some SBT and staking them too!
SUMMING UP
To sum up, for buying and staking SBT, you get a chance at up to 6 daily raffles to win Splinterlands cards and SBT tokens, get weekly drips of SPS, DEC and VOUCHER, as well as BTC, ETH and DOGE! And if you write posts too, you might get an upvote by being a member of the SBT community as well!
And if you need more information on the project, go visit their official page:
Finally I just want to thank @itzninjafool for his generosity! So that's all I have and thanks for reading!
As a general reminder/advice, which applies to all coins/tokens, do remember that you have to do your own due diligence and the values of the coins/tokens are subject to market fluctuations. :)