SPS Airdrop is coming today

avatar

image.png

Ladies, gentlemen, zombies, witches, monsters, and summoners, it's the day you've all been waiting for. Today will forever be regarded as "SPS day" because it changes everything.

In roughly 6 hours from the time this post is published, everyone in the Splinterlands universe will receive their daily share of SPS tokens. The tokens have already been creating a lot of excitement all over the internet and are already being traded on Hive-engine.

I'm assuming that the tokens currently being traded on Hive-engine are the pre-mined or maybe pre-sale tokens. The total supply of the tokens being traded on Hive-engine is 200m tokens and it has racked up a 24hour trading volume of $32k.

Welcome to the good times

Yesterday, I took some time to crunch the relevant numbers and by my calculations, if the price of SPS tokens stays as it is or maybe rises even further throughout the course of the program, then I'll be rich by the end of the airdrop.

It still feels surreal, whenever I think about where we are. Things have been so good that just looking at the market value of my Splinterlands deck has become an exciting pass time for me because everything is rising.

The good news

Well, the first good news is that there is no bad news. It doesn't happen very often but it really feels like smooth sailing.

Secondly, assuming you've not been a part of Splinterlands and will like to benefit from the airdrop, you can still get in. All you need to do is hold certain assets to benefit.

So if you're new, and will like to benefit from the airdrop, here's how you can go about it;

  • Go to Splinterlands and log in with your keys
  • Purchase a spellbook(I don't think this is necessary but I suggest you do it anyway.)
  • Buy DEC from Hive-engine and Hodl.
  • Assuming you have an interest in battling, you can use the DEC to buy monsters that can be used in battle.

Note: Monsters and DEC all carry different points towards the airdrop.
It is also important to note that the airdrop will span one year, so you can dive in at any time you want and move at your own pace, during the course of the airdrop.

What has changed?

If you've logged in to Splinterlands through your PC recently, you'd have noticed the SPS management portal that was included. Inside the portal, you can see how many SPS tokens you have and the time until the next airdrop.

image.png

The portal also gives you information about your airdrop points and whatnot. It also gives general real-time information about the SPS market based on trading and staking activities.

Other than the introduction of the SPS management portal, everything else has remained the same. DEC is hovering at an all-time high, market values rising and everything else pumping.

Market reaction

It's hard to predict where things will head from here because the crypto market can be erratic. If we're to base our judgment solely on the reaction to the airdrop, it is safe to assume that SPS tokens will be pumping aggressively for the rest of the year.

Also, when you consider that the finite supply of SPS tokens will also be used for staking on liquidity pools to mine rewards, it's possible that there won't be mass dumping.

With that said, it is crypto and airdrops do get dumped from time to time. Is it out of the question for people to sell their tokens immediately after receiving them? Probably.

However, even if a sell-off is to happen, I think it will be after the Euphoria has died down. I believe that at the initial stage, SPS tokens will pump to $0.5 levels.

Then give it like a month or two, when there's decent supply in circulation earned from staking rewards, airdrop, and battling, and we'll start seeing the price go down. This is all speculative anyway, so take it all with a pinch of salt.

Play to earn

As for me, I'll be mixing it up throughout the course of the year. What I mean is that I intend to stake as much as possible and then keep some back to reinvest in other ventures.

Depending on the price of SPS tokens, especially related to DEC, it is possible that I'll be buying up DEC to increase the value of airdrop.

In the process, I'll also upgrade my deck by focusing attention on my summoners. My latest target is to max out all my rare untamed summoners, so achieving that will be quite the feat.

Lots of exciting times ahead and I hope things stay as positive as they are now. As always, may the odds be in our favour.




Please check out my Freelance gigs:

Signup for Presearch: A search engine that pays you

Contact me


Posted Using LeoFinance Beta



0
0
0.000
9 comments
avatar

I haven't been able to find the SPS option you mentioned. I'm really excited about everything concerning Splinterlands. Although as usual, I'm taking my mind off the rewards and just trying to enjoy this.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Login to your splinterlands on your laptop, then cyou can claim your airdrop there

0
0
0.000
avatar

Login to your splinterlands on your laptop, then cyou can claim your airdrop there

0
0
0.000
avatar

Login to your splinterlands on your laptop, then cyou can claim your airdrop there

0
0
0.000
avatar

Not to sound exaggerated, but 0.5 sounds a bit small, I say it could go as high as 0.8 or $1.

Posted Using LeoFinance Beta

0
0
0.000
avatar

We have chosen to support your post because you are one of the good promoters of Hive on Twitter based on our Hive Twitter Daily Report. We appreciate your time and enthusiasm for promoting Hive!

Keep up the good job! 😍😍😍

This is done with the support of #theycallmedan and the #threespeak team.

0
0
0.000