Tokens, tokens, tokens
I've been playing for about a month(?) now and I've been really enjoying all the different tokens you can ear and all the different things you can do with them. So far I've been staking my SPT for more curation rewards, and I'm gonna start putting my SPS, DEC, and half my earned SPT into pools. I love the ability to earn either passively or by doing something I'm gonna do anyways.
Every day I keep finding out new ways to earn and new things you can do with your earnings. What are some of your favorites or that you find yourself going back to? Are there any obscure ways you get more out of it than you normally would?
0
0
0.000
As you mentioned I like the SPS:DEC liquidity pool. In that way your SPS can count towards your airdrop as well as your DEC. There can be some volatility in the amount of SPS and DEC you have depending on price fluctuations but overall worth it.
You can delegate your staked SPT to someone like @monster-curator to get curation rewards without doing the work as well.
I don't think SPT in liquidity pool will give you SPS rewards though.
What exactly is the SPS:DEC liquidity pool? How do you do it? Does that give you 2 airdrop points for each one?
I made a big post on how liquidity pools work, how to transfer the coins and get it working. You only get airdrop points for the DEC but in a liquidity pool it counts twice so its like getting 1 for the DEC and 1 for the SPS. Here's the link:
https://www.splintertalk.io/@hiveabbyftp/liquidity-pools-for-getting-those-sps-to-count-for-sps-airdrops-for-pyrose91
I'll take a look at it! Thanks!
Oh, also! Do all wallets have the same earning power?
Wallets don't have earning power the coins do :)
However, whether your DEC is sitting in Splinterlands or on Hive-Engine, or on Tribaldex Liquidity pool they will get you the same airdrop rewards. SPS won't get you anything on hive-engine. Will get you interest if staked in Splinterlands. Will count if added to liquidity pool along with DEC on Tribaldex.
Oh, I'm sorry. I meant do you earn more SPS rewards holding coins in an ETH wallet vs a BSC wallet, for example. Sorry, I didn't say what I meant that well at all, hahah.
Hmm... Have to ask someone smarter than I am on that one. Sorry. I think they all count the same though.
I'm somewhat new to the game, but have learned a lot about DEC and SPS in the short time I've been playing. I'm also new to crypto in general. I've struggled with waiting one week, since it's required, on coinbase before being able to transfer funds to the hive engine. Is there a faster way to acquire funds that can't be sent quicker than waiting 7 days?
Its not a great way but...
After that move DEC to hive-engine and convert to whatever you want from BTC,ETH,HIVE,DOGE or even tiny coins like GLD (Our guild's in house coin)
I've thought of that too, but with DEC decreasing at the momenet, I imagine the cost of cards will be decreasing too. It could take awhile to regain your money if cards take awhile to sell. Any other ways you can think of?
I walked a guild member (@mrthunderous) through setting up a crypto.com account. He was funded and on his way within 4 hours. In addition he has a crypto.com visa card coming to him within a month so when the time comes he can transfer funds from hive-engine to crypto.com and spend them within 20 minutes.
It's my preferred method but as always do your own research :)
(The KYC for crypto.com is what took most of the time. Funding and transfer took maybe 20 minutes after he was verified)
So then with crypto.com, you don't have to wait 7 days, but maybe only 4 hours?
With crypto.com you send in your ID for validation. For my guildmate he was done that within an hour. For me it took about 24 hours. Varies depending on how busy they are.
After that interac e-transfer cash or link bank account. I e-transfer and it usually arrives within a half hour but again it varies.
Once the e-transfer is there exchange for crypto (takes a minute or two) then transfer the crypto to your preferred swap.hive currency which varies depending on the coin. Personally I use EOS because its only 10 minutes or less.
Of course dealing with crypto exchanges your mileage may vary :)
Congratulations @seamoose! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):
Your next target is to reach 100 upvotes.
Your next target is to reach 50 comments.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
STOP
To support your work, I also upvoted your post!
Check out the last post from @hivebuzz:
Support the HiveBuzz project. Vote for our proposal!