You can Stake Your SPS Licenses Using Peakmonsters

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Hello Splinterlands players,

I hope all of you are doing well and spending an awesome day with your family and friends. If you are not aware, the long-awaited Licence Node has finally launched on Splinterlands and those who bought and hold Licences can now finally Run Validator Nodes and help Splinterlands to run in-game transactions while earning for the contribution. Splinterlands has recently rolled out a major update with the launch of SPS Node on February 19th. This long-awaited update is currently making hype in the community because, with this transformation, players can now directly participate in the game’s ecosystem while supporting the Decentralised system. RoyaleEagle announced this exciting development in the official Splinterlands Discord channel around weeks ago, and after two weeks of testing, the system will finally go fully operational this Friday.

Now, another exciting news for Splinterlands people who hold a Licence Node but do not want to run an SPS Node directly by themselves. To solve this issue, Peakmonsters, one of the most popular trusted 3rd party marketplaces for Splinterlands has come up with a great solution by developing a system, where people can easily stake their Licences with Peakmonsters and start earning rewards for an inexpensive fee and add the cherry on top, Peakmonsters has announced that the first 6 weeks (until April 15th) this service will be completely free.

Latest Activities with Licence

For two weeks since the initial announcement was made before 19th February, license rewards are temporarily paused while the system is being tested to ensure everything runs smoothly. Now, after the first test phase went successful and the validators are fully functional, we are all set for the system migration and as expected, Node Licence rewards will resume again from this Friday onwards. But please note that in order to start earning rewards again, you must stake your SPS licenses and activate them on a node.

This update will provide a great valuation to Splintershards (SPS), the in-game reward and governance token, which will now run as an open-source system. This updated system will allow anyone to validate all SPS related transactions in a decentralized manner and of course, without a central authority controlling. The system will be running on the Hive blockchain (Layer 1), with SPS functioning as a Layer 2 platform to ensure smooth transactions and smart contract operations.

At the initial stage, the SPS Chain will manage all the transactions for SPS, VOUCHER and LICENSE tokens. But in the future, all Splinterlands assets, including DEC, cards, land and the marketplace, will be integrated into this system. This gigantic migration to the SPS chain will create a more secure and decentralized system where all balances and contracts can be independently verified.

How to Stake Your SPS Licenses Using Peakmonsters

Now, not everyone who owns a license can run a node, so peakmonsters has come up with a great service to solve this issue. Peakmonsters is offering an easy way to stake your SPS licenses on their Nodes, and the best part of this service is that it will be an inexpensive flat fee service and will be absolutely Free for the first six weeks, until April 15th. So if you hold a licence and don't want to run a server for the node by yourself, you may try using the peakmonster’s service to see if it suits you.

Why Use Peakmonsters?

• Easy Setup - It takes just 30 seconds for the whole process to set up your Licence.

• No Need to Run a Server - If you own licenses but do not want the trouble of managing a server, this service does it for you.

• Affordable Pricing - After the free period, a low monthly flat fee will apply.

Steps to Stake Your Licenses

• Go to Peakmonsters website and select Licences or just directly click the link below. Visit: https://peakmonsters.com/licenses

• Activate Your Licenses

Click the buttons as shown in the screenshots to process the Hive blockchain transactions. It is a totally automated process and does not need brainstorming!

• Confirm Your Activation

After clicking all the buttons, the automation process will take you to your licenses page in the game, where you just have to click on Active Licence and that’s all! Your Licence should be active now and ready to generate rewards.

Important Notes

• Set Up Your Nodes ASAP - If you are holding a Licence, be sure to set up your Server to run the Node or use a service like Peakmonsters Before Friday. Because the rewards will go live from this Friday onwards, so setting up before then ensures you do not miss out.

• Future Cost - After the free trial, a low flat monthly fee will be introduced (exact details are yet to be disclosed).

Last but not least, I think this is a game-changing update for Splinterlands by launching its own system to validate transactions in a decentralized manner, which will strengthen both security and a new earning source for investors. Anyway, for those who are interested, you can simply start your Validator journey by staking your SPS licenses through Peakmonsters. In this way, you can easily start earning Node rewards without the hassle of managing a server. So if you hold a license, don't wait anymore and be ready to start validating those transactions to earn crypto!

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Please note: I am not a Financial Advisor and this post is not financial advice. Please do your own research before investing in crypto.

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I hope you enjoyed reading my post about the tSPS Validator Node Licence and Peakmonsters Node Service. Please let me know your thoughts about this new gameplay Mode in the comment section below and I will look forward to seeing you all in my next post.

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Thanks for visiting my post, hope we meet again!

Stay well and keep playing Splinterlands!

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Posted Using INLEO