Understanding SPS Economy In Splinterlands Battles
Progressing In My Plan To Acquire More SPS
In the beginning of Year 2024, it was in my plan to get more SPS because I understood the SPS economy in the splinterlands game.
I knew that to explore in the splinterlands game, it is not only to get all your cards maxed but one needs to invest in SPS staking. I'm very happy because splinterlands management makes it simple for everyone who is interested in splinterlands.
If one do not have money to get thousands of SPS, splinterlands makes it very simple to acquire SPS for splinterlands market for 7 days, and if you want more time, one needs to continue to get stake SPS in the market.
Last week, I knew the best thing to make use of this opportunity was to rent SPS in the market. I went to market and rented 10,000 SPS, though I didn't calculate maybe I got profit from it, but I'm sure I'm going to do it very soon.
I realized that when I rented the SPS, there were times I was getting more than 0.500 in battles.
Since introduction of SPS to the battle, I have never gotten such amount of SPS while playing battles.
I was very happy with the amount of SPS I got per battle; and it motivated me to rent more from splinterlands market. Before I tented the SPS, I was getting less than 0.140 SPS per battle, but the moment I rented it, I was getting more than thrice of my previous rewards in battles.
I saw how good it was to get more staking SPS in terms of ranking battles; and I was motivated to get twice the amount I got last time. That was the reason I rented 20,000 SPS at this time. Though, but has reflected in my account.
Why Do I rent 20,000 SPS?
I once said in my splinterlands post that for a player to earn more, such a player must have good amount of staking SPS. Their are players that staked more than 100, 000,000 SPS, such a player cannot be compared to someone who stake 10,000.
The rewards for each winning battle will be different. I knew that since the announced that SPS would be rewarded instead of Dark Crystal Energy (DEC).
The moment the update was posted in #splinterlands block, some of my friends that were splinterlands warriors continued to acquire more SPS. Before Dark Crystal Energy was replaced by SPS, some of my friends had already gotten more than 50,000 SPS.
Well! It was part of my plan to acquire SPS at that period but something came which was inevitable to me. Then, I decided to focus on the issue at hand that particular time, and put splinterlands aside. Though, I was posting articles and playing splinterlands game but I couldn't invest more in splinterlands. Up till now, I am still recovering from it.
If I had focused then, I would have gotten more than 20,000 SPS. Since I don't have enough money to acquire it, I decided to rent it from market. It is easiest way to arrive at my splinterlands goal.
I understood that staking more SPS will result to more rewarding more SPS in battles.
The process of renting SPS
The process wasn't hard at all, you just have to enter your splinterlands account; then, go to market which comprises of all splinterlands assets. The market is a place you can get any splinterlands assets just like a physical market we can get anything sellable things.
Once the market is open, the only thing you are going to see is the cards- monsters and Summoners.
You need to click on icon ‘card sales’ at your left hand side: the moment your click the icon, it will bring out other things that are selling in the market- card rentals, soulkeep sales, soulkeep rentals, other items and SPS rentals.
Then, click ‘SPS rentals’ - it is going to take you to where you can rent out or request SPS. Click on ‘request SPS’ set the price per SPS and enter any amount of SPS you want. The total Dark Crystal Energy you are going to pay for 7 days will reflect at the bottom.
Once you click continue and confirm it, you have already created a bid for SPS which can be credited to your splinterlands account for a period of 7 days as staking SPS.
What Happens after 7 days?
The moment it reaches 7 days, the SPS will return to the owner. This is because you only borrow the SPS for 7 days which has to return back to the owner.
What Profits Do one get from renting SPS?
I have said it earlier that I haven't calculated maybe I got profit from the previous one I rented out. But, I was getting more than thrice the amount I was getting before I rented SPS.
The Glint I was getting also changed… . I was getting twice the previous amount, and I discovered that the more I win the battles consecutively, the higher the amount of SPS and Glint I was getting.
Though, the 20 points I was getting per match was constant.
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Register today, and you will thank me later.
Do you want to win cards, SPS, subscribe to Splinterlands TV. Many programs are going on in the SplinterlandsTV. You can also join Splinterlands Discord Channel where you can ask anything about Splinterlands.
I stand up for success, and success is not achieved by merely making mouth, No room for laziness, no room for idleness. Success comes to the people who are desperately and consciously searching for it. When it seems unsuccessful or you smell failure around you, never discourage yourself from being successful.
“Discouragement and failure are the two surest stepping stones to success.” - Dale
The pictures in this post are taken from Splinterlands
Thank you for reading my post.
Sending Love and Ecency Vote!
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Thanks for sharing! - @alokkumar121
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