Is It Time To Stop Staking SPS?
I haven't sold any SPS, at least I don't remember selling any, since it was launched. Just popped over to see that I now have 9000 SPS staked and with the vouchers drying up soon, is there a reason to still stake more?
From the announcements, there doesn't seem to be much of an incentive to hold on to more SPS at this point. There's no more airdrop and the player staking does seem far away.
Do think prices will fall with the vouchers ending in a couple of days. If they do fall drastically, I plan to buy some if they're around 10c and below in anticipation of the lands release.
I will evaluate again once I reach 10000 SPS. I believed that prices could go higher like with Axie if it gets listed on more exchanges but this is all contingent on more players joining.
Personally, I think DEC prices should go down with inflation and SPS prices should go up but let's see if that plays out.
It is disappointing to see SPS going down all the time. I do think it will increase in value when it has more utility - it could be huge like AXS, as you mentioned, so I too will probably buy some if the price drops much more (and 40% APR for staking isn’t bad). Is there a plan for SPS to be used on Land? I missed that news, but that would surely increase demand!
It had a nice run up when the vouchers were launched initially but that excitement has died. Nothing planned for SPS and Land at the moment although I think there could be some potential there given how both are long term assets in the game.
I think everyone's got their eye on that $.10 level.
Should be up from there!
Yes, 10-13c is my buy point if we ever get there.
I'm sure we will - I'm not getting any more Voucher from my stable stake which suggests fewer people are staking.