Chasing APR in Splinterlands

In terms of crypto passive income I have been through a lot of altcoins crashes. My most painful is Luna and Terra but there are plenty of coins that I held that lost pretty much all of its value. With that being said the only real ecosystem that I have been able to still have some form of value is in the Splinterland ecosystem.

I have been trying to earn more in Splinterlands in hopes of taking some form of cryptocurrency boom that started over a decade ago. I have yet to really see any financial gains but hoping it will turn out better very soon. In Splinterlands there are multiple ways to earn crypto but for me I have mainly been passive. Today I want to look at the APR % of different passive investments in Splinterlands and how I can leverage that to yield more.

The first is simply holding SPS and staking it to yield close to 10% APR. There is a breakdown in rewards per APR. In this number it includes liquid SPS and Vouchers. I can claim rewards daily and sell the Vouchers for more SPS or DEC. In addition to staking SPS I can potentially lease out my staked SPS for a season and earn liquid DEC.

As of now the staked SPS rental market is has very low activity therefore I can not easily lease out my staked SPS. Yet with the higher staked SPS I potentially can earn more rewards if I win in rank battles.

With close to 150k SPS staked I am getting over 13x boost in rewards when playing rank battles.

Another way to earn passive income is to rent out my cards. I use Peakmonsters to rent out cards for remainder of the season and in return receive DEC.

From personal experience it is easier to rent out cards than to play them in game. In one hand the player is very familiar with the current set being played, however legacy cards are a bit harder to rent out. I often would need a few minutes in a season to revise rental prices to keep attracting customers to rent out my cards.

Renting out cards as a whole reaches nearly 7% APR but the upfront cost is large since players need to purchase the cards and hold it in their account to be able to rent out.

Speaking of renting out cards I can also invest in trading pools. Whether it is in game liquidity pools or third party trading cards pool like SPL trader there are multiple opportunities to earn. For me I try to hold my liquidity in DEC so it is easily tradable for Splinterland assets such as cards, land plots or items.

With SPL Trader I am earning approximately 30% APR a year, but its been fluctuating to the down side more recently as the buying and selling of cards have died down a lot since Conclave's arrival.

Another way of earning passively income is simply staking DEC so to be used as energy for cards on land plot production. In terms of earning more it is in forms of producing more resources such as grain, wood, iron or stone. The resources can easily be traded for other resources or be used to develop useful items.

Beyond tokens and resources staking there is also the play to earn in game that will also increase one's net worth. With Foundation the earned rewards can many be from simply playing the game.

As of now majority of my liquidity is in SPL Trader to earn daily DEC. I hope to soon transfer the DEC into land production to increase yield of resources. Furthermore spend some DEC to buy up more land plots and continue growing more resources to the point where I am creating a nice APR just on land production. That is the plan at the very least.