SPLINTERLANDS - LIQUIDITY POOLS REWARD FROM DEC-SPS PAIR WITH 16% APR

in Olio di Balena2 days ago

Hello Splinterland Warriors!

How are you all? I hope you are blessed and well. In today's post, I will share Splinterlands liquidity pool reward from the past 10 months I have added a small portion of sps to the pools and earned some sps rewards.


|AVAILABLE POOLS|



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It was quite a good time when the APR was high for all the above liquidity pools but unfortunately, we did not get many benefits from it because I added DEC to the pools a bit late when there was an airdrop of SPS based on the liquidity pools points and collection power with liquidity pools the points were getting increased the higher the points the higher the sps airdrop that time I had nearly 300k collection point roundabout then later I heard about the liquidity pools points increment so added some dec that time with the swap. hive pair and earned a little bit extra points for the sps airdrop but nowadays the pools are not profitable.


| POSITIONS |


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Well, the graph shows the current position in the liquidity pools I still have $150$ worth of investment in the pools but It did not give me profit and I am at a loss right now as you can see the current liquidity positions are still active with sps and DEC pair where I added 100k+ dec which dropped due to SPS price both sps and DEC prices fluctuated due to which the quantity of DEC splits and the other one get increase as the DEC price dropped that time (10 months ago) 100k DEC value was roughly 400 Hive and now it worths 130 hive I had 400 hive its worth would be $240 and the cost of SPS is almost $70 now so the total value of DEC and SPS would be $300 now but the pools are giving me 16% APR only but still it is fine and better than sitting idle in my wallet.


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That was a great time I had enough hive and DEC for the liquidity which gave me a decent amount of airdrop with the help of adding liquidity and holding collection power later I removed the liquidity you can see the transactions above and the last liquidity for zing and Swap.hive pair which I removed while the current open positions are DEC and SPS.

All images are from the Splinterlands website

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Thanks For visiting my Blog

Best Regards @moeenali

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Yes, I really enjoyed reading what you wrote, even though I can't understand it all, at least this is useful knowledge for beginners like me in learning about liquidity.

Thank you soon you will understand it the above reading is related to the Splinterlands game but there are more tokens that you can add to the liquidity pools cheers.

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