Splinterlands: I think it is perfect time to unstake my part of SPS now.

in LeoFinance2 months ago (edited)

Splinterlands: I think it is perfect time to unstake my part of SPS now.

It really might start looking a weird proposition when everyone is working towards to stake more and more SPS , I am moving towards a very different proposition of unstaking the SPS.
Actually , I am also not saying that I am thinking to sell my SPS, I just want to unstake it to change it from illiquid (require 4 week to unstake) to the liquid form.

image.png

Most of the Players are really bullish on the SPS as after the airdrop ended and Splinterlands team is really keen on bringing the more use case for the SPS. Recent announcement of MLSPA by the team has got hopes to player that there will be some benefit will be given to SPS holders though official post do not mention anything but it look logical that MLSPA really like to attract a large existing Play2Earn player base towards itself and actually it can be encouraged by both as both are in very different genre of game.

image.png

Source

It is also evident from the chart ,that SPS price has moved up nicely after the airdrop ended, Play2Earn rewards for SPS is yet to be started and Riftwatchers will be released too ,that will require payment in SPS so that it may can push the price up or may be not because Play2Earn SPS rewards will start before the release of Riftwatchers as per the roadmap.

SPS still require lot of usecase to go towards the upward trend and lot of things depend upon how Land can be integrated with SPS removing the Supply from the market and locked in the land to get advantage in the land.

Unstaking of SPS will help in 2 objectives, First I do not want to sell my DEC and actually want to keep more of DEC as it is honored by its peg value for store purchases.
Second the pool APR of SPS DEC pool is almost more then double(72%) then the staking APR(30 %).

So it means, I will have my SPS liquid and double APR then staked APR, so
It also means that DEC that is sitting idle earning nothing will be put into the work.

My other post in Splinterlands.

Splinterverse (Splinterlands Metaverse) : A comprehensive ecosystem for everyone to earn.

Staked 200K SPS and my future Splinterland's plan.

Splinterland's : Can I Survive on my Splinterland's earnings.

Splinterland's : Explosive growth is yet to come.

Splinterland's : Earned assets worth more than 1 BTC.

Splinterlands : Land release might change the way of playing Splinterlands .

Splinterlands : When luck strike twice in gap of few days.

Splinterlands : Ways to earn DEC

Splinterlands : Do not ignore Guilds

Analyzing the CHAOS packs

Note for my affiliates

If you want to play splinterlands then you can join it here

I saw few of the player joined the game using my affiliate link and then stopped playing after few battles. If you have any difficulty in playing game, do not hesitate and join the game discord. It is really helping community and contact me here or on discord, I will definitely review your game for your better game experience.

splinterland_end.gif

Posted Using LeoFinance Beta

Sort:  

Not a bad plan my man, i thought about unstaking a little too, but havent done so.

!LOL
!PGM

Posted using Splintertalk

My Mom met my Dad when he came in for an Xray.
I still wonder what she saw in him.

Credit: reddit
@r1s2g3, I sent you an $LOLZ on behalf of @captainquack22
LOLZ staking coming August 14! Please read our latest update for details on how it will impact you.
(2/6)

Your content has been voted as a part of Encouragement program. Keep up the good work!

Use Ecency daily to boost your growth on platform!

Support Ecency
Vote for new Proposal
Delegate HP and earn more

Thanks for sharing! - Underlock#8573

Great analysis!