How to maximize the amount of free passive SPS you get?

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(Edited)

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Did you know that you can get free passive SPS every day for ... doing nothing? Yes, you read that right. In this guide, I'll explain how you can maximize the amount of free SPS you can get.

What is SPS?

SPS or Splintershards is a relatively new cryptocurrency created by the team behind Splinterlands. It is set up as a governance token, meaning that people who hold SPS will have a say in the direction the game is heading.

For this, a DAO (Decentralized Autonomous Organization) will be set up on the BSC (Binance Smart Chain) platform using a series of smart contracts. Relevant information will be transmitted to this DAO by Oracles. Oracles will be a number of entities, selected by the people that hold staked SPS. The aim is that these Oracles will make decisions on behalf of the staked SPS holders that back them.

In total, 3 billion SPS tokens will be released over a period of 5 years like this:

The most important parts of this chart are the Staking, Play to Earn, and Airdrop portions of this graph.

The aim is that players will be able to earn SPS through playing ranked battles just like you earn DEC now. Additionally, this SPS is also given as tournament prizes.

It is also planned that the land expansion that is coming up will be tightly integrated with the workings of SPS.

SPS Price Evolution

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As you can see SPS spiked early on, then went into a bear market, but has since been climbing steadily. Will we once again reach the 1 SPS = $1 mark? Who knows ...

SPS Airdrop

Let's talk about how you can get this sweet SPS for free.

As shown on the graph above, a portion of the available SPS will be airdropped during the first year. Airdropping means distributed for free.

Now, how is decided who gets how much SPS? That depends on the number of airdrop points that you have in comparison to the total supply of airdrop points. Your relative percentage of airdrop points determines how much of the daily 1.1 million distributed SPS you will receive.

If each day 1.1 million SPS, means a total of 400 million SPS airdropped in total, which will be 13,33% of the total supply.

You get airdrop points for holding Splinterlands assets.

Airdrop points per asset:

  • Collection Power (Owned Cards): 1
  • DEC Tokens: 1
  • DEC in Liquidity Pools: 2
  • Untamed Booster Packs: 600
  • AZMARE Dice Booster Packs: 900
  • Essence Orb Booster Packs: 2,400
  • Beta Booster Packs: 2,400
  • Alpha Booster Packs: 4,800
  • Land Plots: 10,000
  • Champion Points: 10
  • Splintertalk Tokens (SPT): 0.25
  • Card Skins (C/R/E/L): 1,000 / 2,500 / 5,000 / 10,000
  • Totems (C/R/E/L): 1,000 / 5,000 / 25,000 / 100,000
  • Titles: 100k (Untamed / Explorer) / 1M (Praetorian / Custom)

Right now there exist a total of 7.7 billion Airdrop Points, so that should allow you to calculate your relative percentage.

Even if you hold these assets outside the game, like on Hive Engine. You will still receive the airdrop points for that.

If you want to learn more about how you can put your DEC in Liquidity Pools I recommend this post by @luizeba: https://www.splintertalk.io/@luizeba/how-to-double-your-splinterlands-sps-airdrops-with-liquidity-pools

What assets give me the most airdrop points?

If you're looking to increase the amount of free SPS you get every day, you should try to hold the asset that gives the most SPS airdrop points.

The best way to determine this is by using DEC as the baseline. For every DEC that you have, you will receive one airdrop point.

Let's look at how many airdrop points you get for every asset by investing the equivalent of 1 DEC in them:

  • Collection Power (Owned Cards): 0.625
  • DEC Tokens: 1
  • DEC in Liquidity Pools: 2
  • Untamed Booster Packs: 0.109
  • AZMARE Dice Booster Packs: 0.243
  • Essence Orb Booster Packs: 0.202
  • Beta Booster Packs: 0.211
  • Alpha Booster Packs: 0.123
  • Land Plots: 0.241
  • Splintertalk Tokens (SPT): 0.313

I made these calculations using actually prices from Hive Engine. As you can see nothing really beats holding DEC.

However, do keep in mind that many of the other assets also generate income through other means. With SPT you get curation rewards and cards you can rent out.

SPS staking

One thing that you might have noticed is that you don't get any airdrop points for holding SPS. That's because you can stake SPS and get more free SPS that way. The current APR (Annual Percentage Rate) is 72.36%. This means the total revenue you can expect to make after one year. Not too shabby.

On top of that, staked SPS will also generate vouchers when Chaos Legion releases. These vouchers will be needed to buy packs during the presale.

As we're approaching the launch of Chaos Legion, we can probably expect SPS to keep on rising in value as people will want to stake it in order to lay their hands on those vouchers.

Closing remarks

If you're just looking for the maximum amount of free airdropped SPS you want to hold DEC. However, that also means that you're subject to the volatility of DEC and that you're missing out on revenue streams through holding other Splinterlands assets.

All in all, it's hard to say what assets you should hold for maximum total revenue. Besides the income they generate, you should also keep in mind that a lot of gains can be made through price appreciation. Especially land and card packs can be impacted by this.

Do you hold a lot of SPS? What are your price predictions?

If you don't yet have a Splinterlands account and would like to try this awesome game out. You can make a free account using this link: https://splinterlands.com?ref=solaito



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6 comments
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DEC really is the winner isn't it - the biggest challenge I face is keeping enough funds liquid to pool it with - namely Hive and SPS.

I am stacking SPS - should have 50K staked by the time the airdrop starts but I'm also keeping 10k liquid for packs and to just sell....

But I'm being careful with that, I am staking most.

I do feel uncomfortable holding SO MUCH DEC! But compared to some people i'm quite small fry.

I think TLDR - is do something of everything!

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Excellent post! And you are right, holding Dec is the easiest way to increase your airdrop points. I don't even play the game, but my wife does, and when she told me about the airdrop, I bought 1 million dec, I got lucky and bought the dec right before it went up in value and I get around 150 sps a day, I staked all of them, so now I get about 7 SPS a day in staking rewards. This is quite simply the best airdrop I have ever been involved in, and to see the price of SPS going up along with the price of dec, is a win all the way around.

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Indeed, holding DEC has the best return in terms of Airdrop Point/USD. In the other hand, I would not hold it for this sole reason. DEC is meant to be pegged to 1 DEC = 0.001 USD, and now it's worth almost 10x more (around 0.01 USD). It's value is currently high (and will probably stay high for the next several months, maybe even more) due the high demand for Airdrop Points and Cards. But, sooner or later, the price will come back to near the pegged value.

My personal strategy is using my DEC to buy cards with high Collection Power / USD rate, mostly gold-foiled cards that aren't really used in matches. Yes, I'm losing part of the Airdrop Points, but I'm also holding something with a high chance of increasing its price over time.

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With SPT you get curation rewards and cards you can rent out.

How to get cards with SPT?

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