SPS Rental Market Playing Major Role To Increase The Value Of SPS
A few days back I shared a video regarding SPS rental market review. But today I am going to discuss how it will be beneficial for the SPS price. Currently, SPS is not limited just to the staking earning but two more use cases are increased which is a fantastic thing. This is not just a gaming platform but it is a lot more. And that is what people not understanding.
When you check the splinterlands posts then you will find many negative comments and it is because they consider splinterlands just as a gaming platform but splinterlands is not just gaming. So you need to understand this first. Users who already hold a good amount of sps tokens are lucky. Because now they are getting 12x rewards and also they can give extra sps on rent to get more benefit.
They are getting sps staking rewards as well as they can earn from renting. Not only this 12x multiplier is great too. The main target should be a 12x multiplier. Currently, I am getting 12x rewards but still I want to increase the sps stake for the benefits that I am sharing in this post. There is no specific target but I believe that this is not a selling time for the sps and it is time to build more.
Two More Use Cases Added For SPS
Replacing collection power with sps staking is a great opportunity for those who want to make money with their sps staking. This is the use case and another use case is sps rental market. So you have two types of benefits one is adding more sps tokens to earn 12x rewards as well as staking rewards on top of that you can earn renting income if you have more sps than the requirement.
Let's say you are playing Gold 1 league and you have more sps tokens than the 12x multiplier requirement so now in this case, you can give your extra sps on rent to generate some extra income. This way you are making money by utilizing your sps tokens. So even if you have more sps than the requirement it is good for you. This is going to increase lots of demand for sps tokens.
SPS Rental Market And Opportunities
As I said in the above paragraph that opportunities are increased and already sps is the governance token so if we see this then currently sps is much more undervalued. SPS rental market is specially designed for those who don't want to buy sps tokens but still want to multiply their income. And this is the easy way to do this. Along with this market, opportunities are increased for the existing sps holders as well as users who aren't able to buy sps tokens.
If you are a newbie and you don't have enough sps tokens then there is no need to worry because you can try this rental service. Some users are against this change but this is already mentioned in the roadmap and I believe that time by time they will understand the benefit of this change. For users who don't have enough time to play and utilize their investment, sps is the better choice for now. It is still very cheap and the price is $0.02. Buying at this price is the best move. And you will enjoy multiple benefits like GLX airdrop, staking income, renting income, and 12x multiplier.
Control The Bots And Multiple Accounts
Many users have multiple accounts and many bots are there. Now this new system is implemented so it is not easy to earn and dump tokens for the bots and multiple account owners. This update forced them to reduce accounts. When splinterlands launched something for a new player, bots always benefited from it and bots took more benefits than the new players.
However, this is not going to wash out bots completely but this is beneficial for sure. So I hope you liked this post do not forget to reblog and share this post on social media with #play2earn and #splinterlands tags. I will meet you in my next blog.
Thank you, everyone.
Lucky Ali
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 | Hi I am lucky ali from gujarat, india. I am a crypto enthusiast, blogger, and SEO developer. I am always interested to learn new things and getting new experiences. You can find me on hive, twitter and discord (Lucky Ali#6343). Sharing is caring, Thank you hive family ♥ |
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You are wrong my friend. Because of SPS rental market bots are getting good benefits. They can now rent and play. They don't need to buy the SPS.
@luckyali bhai delete karo usko chalo ab comment nahi karunga main teri post me lekin ye post delete karo sab
The SPS has new use case but it will help to control the bots or not it all depends on the SPS rental price.
On other side bots will get mostly the Soulbond cards only which is positive as they will not able to food the market with cards listed very low.
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Thanks, gurry bro for the comment. Only time will tell what is going to happen, let's wait.
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