How to calculate the real APR for staking SPS and GLX

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When you look at the APR that is shown for staking SPS on the Splinterlands website, you get actually an incomplete amount. Your staking APR is much higher! Also when you stake GLX in Genesis League Sports, the APR that your receive at the moment is higher than 1000 % APR.

In this video, I present you a tool that allows you to calculate the real APR of your stakes!


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17 comments
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Nice one. It is the gift that keeps on giving. Plus we have those GLGT tokens like you said!

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It's amazing to think that for staking 1 single token, we get 3 in return :-)

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It's always nice to see new tools come out but I think I'll just sell the GLX tokens as I get them. I don't think the prices will hold and I can always decide what to do later.

Posted Using LeoFinance Beta

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The price evolution of GLX seems to confirm your position. Prices are going south quite steadily.

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Thanks for pointing out the new tool from Splintercards. I like that they keep adding useful tools quickly when needed.

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It definitely beats trying to calculated the APR by myself lol.

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Oh yeah. Tiny tools that can help a lot.

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Yeah I agree with some of the comments below. I have been selling since Day 1. Have been long enough on Hive to know that APR is not always a good metric. Hehe!

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There you are totally right. APR isn't the thing we should look at only :-)

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Yes these are nice tools to use. I am surprised at the number of people who don't even know they have any GLX tokens to claim. Staking is well below amount minted so far.
!PIZZA

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When I see the number of accounts that own GLX and compare it with the number of Splinterlands accounts, I believe there is a very big number that have no idea about this airdop... I don't mind :-)

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Excellent tool, Achim.
Thanks for sharing it.

!CTP

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If we stake these tokens, are daily dividends added automatically or do we have to claim them in the game?

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You have to go to claim them daily in the game.

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