SPS is one of the coins that I am bullish on and there are multiple benefits for this coin holding. SPS is a governance coin for the splinterlands and similarly, GLX is also a governance token for the genesis League sports game. We need to understand that there are certain additional benefits assigned to the governance coin and this is why holding is much more profitable. Value appreciation is something that we cannot ignore but apart from this, we are also getting certain benefits for holding.
SPS has provided some benefits in the past and even now we can earn a very good earning if we hold an in-game account. Even though there are some pools that we can be part of for even better earnings but I think keeping in the game account is the best strategy to avoid any unnecessary risk on the holding. I am not very much familiar with this pool's investment and this is why I keep myself away from such things where I am not comfortable. I know that that option can be very good but I do not know much and this is why I tried to maintain a distance I see people making a good amount of returns through this option.
GLX is one of the tokens that we are getting every day based on SPS holding. It means if we are holding a bigger amount of SPS in our wallet then we can earn more GLX every day. Some people must be thinking that the value of GLX is low as of now but I believe this is just a matter of time. It is because the genesis Lee game is under development and once it is launched then we are going to see the real value of this token. A lot is going on in terms of development and I am sure we are going to see this game going live in the next few months. Once we get the real use case of the token then we can see a great spike in the price and this is why now is the best time to accumulate.
I am trying to accumulate every day whatever tokens I am getting as part of the airdrop. Today I checked the balance and am happy to share that it is going to be almost 2000 tokens in total. Since the process is ongoing so every day I am adding few tokens to my holding and also is taking to earn whatever apr is offered by the game.
So as per the above snapshot, I am about to make it 2k soon and even I earn GLGT. I am not sure what will be the use case of this other coin but I am sure this is also going to bring another kind of excitement to the game. It's very simple whatever coins are recorded are going to be valuable later on and I am not going to sell anything because this is not the right time. Even I believe those who are selling now are doing a big mistake because it is too early to decide the value since the game is still under development and we are going to see a lot. Once we have the real value in place after the game launch then it may sound better to decide whether one is planning to sell or hold for the long term.
My goal is for the long term with the genesis League game well and I will also be exploring the game as a player. Maybe the case that I need to spend some time to understand this new game but hopefully it is going to be better rewarding and so much fun altogether.
(Splinterlands is a fantastic play-to-earn game and if you like to join then do it through my affiliate link shared below-)
https://splinterlands.com?ref=reeta0119
Thank you so much
Stay Safe