Will you be ready for GLG pack staking?
Recently I've been encountering conversations about GLG pack staking. To be honest, it is something that I'm not entirely conversant with but there seems to be a lot of buzz about it.
From the conversations I've encountered so far, I know that investors that bought GLG packs from the store will be able to stake those packs and earn GLX tokens. I also know that staking packs have the potential to be a lucrative venture in the long run because that's what all the conversations I encounter allude to.
I don't have specifics but considering how excited the community is for this addition to the game, it is safe to assume that pack stakers will enjoy a face-melting APR. The advent of staking packs is being heralded as the next big thing to hit Hive and we'll all be here for it.
Too Poor
For what it's worth, I always planned to sit out the entire GLS platform but the high APR and irresistible profit from staking GLX token dragged me down the rabbit hole. A simple $48 investment in what I felt was a random shit coin at the time has given my crypto journey a new lease of life and also been a source of sustenance.
In recent times the APR had reduced as expected and I reckon it will continue down this route for the time being. In any case, I'm still farming and have no plan to stop anytime soon.
Despite my initial plans to sit out the gaming platform, I managed to buy two packs with the reward I earned from staking GLX. This was at a time when the APR was so high that I was actually pulling in upwards of $20 daily but that seems like a really long time ago now.
I doubt staking two packs will offer major rewards but it is better than nothing, I guess. Buying more packs is completely out of the question because I'm in survival mode.
I've seen some accounts buy upwards of 1000 packs and all I can say is more grease to your rich elbows. I hope the investment turns out to be worth it in the long run.
Anyway, despite being in survival mode, I reckon that I could still add to my collection at some point. The best-case scenario is that I end up with 10 packs before the end of the year but right now, even that seems like a bit of a stretch.
Something that I've been considering for a while now is selling some of my SPlinterlands assets to raise funds. The way I see it, I could do without some legendaries and gold foils in my collection, and I could get more value from buying packs with what I raise.
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Although, it does seems like a nice way to obtain some free GLX but as of this moment I would probably just let it slide! Coz of being a poor fellow lol. But if things gets interesting I might as well dive in, like I did in GLX staking ;)
Maybe i have discovered late GLX staking, but still it looks as a good APR rewards. I need to check about GLG.
Waiting for that feature too. 🙌🏻
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Yeah your gonna do what i will do look out for any competitions that give free packs, only have 20 myself but i will stake them cause why not :)
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