PKM::SPS Liquidity Pool with decent rewards APR Above 56% & My Strategy Ahead for PKM and SPS tokens...

Hey All,

I have been investing in the PKM::SPS Liquidity Pool on Beewsap from day ONE; when the LPs were introduced. Currently, the pool is providing a liquidity worth $80K and is equivalent to 248K+ $HIVE. The pools initially started with APRs of above 150% but now at the moment slowly and gradually the APR got reduced to above 50% which is not all that bad as well. Where in the world do you get returns like these. Banks are not in a position to give a double digit APR no chance at all where we can expect higher APRs from Banks...

My Current Stake in PKM-SPS LP Pool

My share in the pool is above 1% and is worth $1K+. And if I were to split the liquidity of PKM and SPS then it is at a ratio of 150K+ PKM tokens to 33K+ $SPS tokens. Most of the time, I am redirecting the daily $SPS and $PKM rewards back to the liquidity pool.

Here are the daily rewards that I am receiving from the pool daily; which is equivalent to $1.5+ $DEC and $VOUCHER are being swapped for $SPS and then the entire PKM:: SPS reverted back to the pool. The other tokens that I receive as part of the rewards I am not touching for the moment. I plan to remain invested and in no rush here to sell any of these gem tokens. I would like to grow my PKM::SPS Liquidity Pool. Both the tokens $SPS and $PKM are highly underrated and hence I am in no mood of exiting from this pool. Rather, I would plan to increase my stake here. The plan ahead is to get to a point where I have at least 200K+ $PKM and its equivalent $SPS in the pool. Maybe, I would invest a bit but majority of it I would like to reinvest back from my daily rewards from the PKM::SPS Liquidity Pool. Lets see how this churns out in the long run. But for now the plan is to remain invested and keep accumulating and HODL both $SPS and $PKM tokens for now... cheers...

PKM::SPS Liquidity Pool APR above 50% & My Strategy Ahead...

Have Your Say on PKM:SPS LP rewards...

Are you invested in PKK:SPS liquidity pool? Did you notice the APRs and the rewards being giving out? What is your strategy moving ahead with PKM:SPS Pool? Would love to hear your thoughts around it in the comment box below? Cheers...

#pkm #sps #liquiditypool #rewards #lprewards #hodl #liquidity #pools

Image Credits:: hive-engine, @pkm-token, tribledex, peakmonster

Best Regards

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