I guess the best way to earn passive income is to get some assets that have high APR but these assets should be good assets also in the end, we do not have a high amount of the token but they are totally worthless with no utility or strong development backing it. So in the current scenario, I have put my bets on a few of the assets in Splinterlands's game that have high APR and I also think that they will have the potential to outperform once we are out of the current bear market scenario.
Staking SPS brings some 16% APR currently.
Source
But getting 16% APR is just nice but icing on the cake is added when you get an additional 8%+ APR for delegating your staked SPS.
So this makes overall some sweet 24%+ APR.
Some of the pool have current APR as high as 30%+.
At current, VOUCHER: SWAP.HIVE pool is my favorite diesel pool that has 34% APR and I do have a significant stake in this pool that amounts to .1%. DEC: SPS is another pool in which I have my stake and helps me earn some 22% APR.
DEC: BUSD pool with 9% APR is also not bad but I like DEC to stabilize near its peg, so it helps in earning the rewards as they are stable value pairs.
Actually, it is not a very high-paying APR option, in fact, my rentals are in 4-6% APR, which is actually low. But if you do not want to part with your cards, as you expect them to be more valuable in the future or might you can return to active playing then it is not a bad option at all.
I have not yet rented out the cards of my main accounts to have some exact figures but I have estimates from my alt that it can be 4 to 6%
I checked the same in splex.gg , it estimated to 5-20%
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The APR numbers will make sense only if the price of SPS is going to stay the same. Otherwise of we compare with the returns we received from the begining, the current value of SPS against their invested value is not even 10%.
I'm going to be waiting for the next bear market to see if the invested value improves.
Yeah, but seeing the current SPS price , just wondering if there can be more bottom?
Are you still delegating your cards?
Nope. I stopped delegating my cards. I thought of playing again but couldn't find time for that either
Land will soon become another along with all of the pairing pools that go with that.
This should maybe make APR on cards rise as well.
Let see what land will bring in this equation.
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Those are some good ways to do so.
Just wondering. Do you still get staking rewards while delegating out SPS?
Yes. otherwise it will not make sense to leave 16% APR of staking and go for 8% APR of delegating SPS.
Currently, Staking rewards are purely based on what you staked on your own instead of your effective staked SPS power which is required for ranked rewards calculation or tournament entry requirement.
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