Advancing my SPS Stake - 2.2k milestone and Still Counting

Splinterlands game remains the GameFi leader in the cryptoverse. Being built on the Hive blockchain, it remains the most decentralized blockchain game where players enjoy the full deliverables of web 3.0. The Splinterlands gaming ecosystem continues to expand on daily basis with new gaming platforms created and other play2earn as well as DeFi products.

Central to the Splinterlands gaming ecosystem is the governance token, Splintershards (SPS) which will still remain relevant for every addition to the splinterlands ecosystem. Splinterlands game players and investors contribute to the build of the ecosystem and in the decision making process with the staking of SPS.

Staking SPS not only allows a player or investor to participate in Splinterlands governance, it also affords the player to earn freebies fro the Splinterlands bounties reserve. Last year, I earned over $200 worth of SPS for hodling/staking splinterlands assets. Two months ago, Splinterlands started another year-long airdrop of $GLX to SPS stakeholders in the game.

The buzz around GLX in the past 6 weeks has almost made the SPS market to be redundant. This is because the SPS staking APY which stands at 24% is far less than that of staking GL with close to 1000% APY. The SPS market has been hit hard by the bear market to the lows of $0.03 but it remains a great opportunity for stacking the all-important asset in the Splinterlands ecosystem.

Taking a leaf from the GLX airdrop following the creation of Genesis League Sports platform, it is obvious that the launch of any new gaming platform within the splinterlands ecosystem would come with more rewards for SPS stakers.

My 2023 goal for SPS staking was 2k and that goal had been long achieved before start of the GLX airdrop. However, seeing the SPS market continue to stay low appeals as a great opportunity to load more SPS ahead of the future.

Tansferring 154 SPS from H-E to SPL game wallet

Today, I decided to stake additional 200 SPS brining my total SPS stake to 2.21k. 200 SPS may not really be worth much at the present rates, but its full of potentials. I am again motivated to extend my SPS staking target for the year to 3,000.

Advancing my SPS stake does not only give me a greater voice in the SPlinterlands ecosystem governance, I would also be earning more SPS rewards (at 24% APY) as well as receive more GLX as airdrop.

The bear season is always a decisive time in the crypto market to prepare for the bull run. It takes a lot of discipline to be able to commit more money into tokens during the bear but when the project is trusted and has a track record of growth and consistent development, then it is worth the risk.

Staking 200 SPS

Doing my best to get well positioned for the next crypto bull market, notwithstanding that this bear would be longer. Thanks to Hive blockchain that rewards social activities like this post and that helps to cushion the effects of the ear market on investors.

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Splinterlands game is termed the "next generation of collectible card games" in which allows players to collect, trade, and battle with provably scarce digital collectibles with real-world value. Battles on Splinterlands Unlike most trading card games, are fast and furious, and are usually completed within few minutes. The Splinterlands gameplay is simple and easy to learn viz: reviewing combat rules, making and submitting of the team and watching the battle unfold.

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