Confidence and Commitment

Couple of days back I published a post Splinterlands and hive health check up for top 2000 Splinterlands players. These are original plots that I like to produce and I am producing them for many years now. They help me and the community visualize how we are doing as a group and individually. One of the things people commented and I thought myself as well, is the question how did manage this token acquisition...

It is a hard question. Because each person is different with different goal, financial background and start time, so their stake changed at a very different rate. However, how their stake changed over time give us a measure of their confidence in the Splinterlands project and their commitment to greater hive ecosystem. So, in order to tackle this problem with the help of @beaker007 I chose 6 random players and I wanted to see their stake evolved with time!

As you can see from the plot and the table below, They have very different current stake. @bravetofu amassed nearly 64M SPS while @beelzael has 171K SPS. However, each player have one thing in common, they have accumulated stake, and that can only mean one thing that they are confident on the long term vision of the project and they are committed to the hive ecosystem. @unitmaster sold some SPS too, and that is okay, but he still have a lot SPS compared to where he started.

When did they staked?

I have the longest history, started in July 2021, pretty much when staking was first started, and you can see that my stake only increased. Bravetofu started slightly later than me, but boy did he pick up the pace?! Summer of 2023 and then summer of 2024 brave bought massive amount of SPS. He accumulated virtually every day. I on the other hand, was mostly chunky, and obviously I couldn't keep up with brave!

If you look at the rate of purchase chart, you can see there are green bars virtually every week from July 2024 to February 2025. That is relentless buying of SPS. Also brave is still buying with his largest single day buying spike on:

2025-08-30 bravetofu bought 2,976,939.732 SPS on a single day!

Let me say that again, that is nearly 3M SPS that brave bought on August 30 this year! If that is not showing confidence in the project, I don't know that does! That is $22,128 purchase on a single day!

Why are people staking SPS?

People stake SPS (Splintershards), the governance token of the Splinterlands game, primarily for four related reasons that boost both earnings and influence within the ecosystem:

• Rewards Multiplier: Staked SPS is the key factor in the game's current rewards system. Staking SPS provides a multiplier that significantly increases the amount of SPS earned from ranked battles and determines the number of daily and seasonal reward chests a player receives. Without staked SPS, earning decent rewards is impossible.

• Staking Rewards: Stakers earn a passive income stream of additional SPS tokens that are distributed daily from a dedicated reward pool.

• Governance: Staked SPS grants players voting power in the Splinterlands Decentralized Autonomous Organization (DAO), allowing them to participate in voting on game development proposals and changes.

• Additional Utility: Staked SPS is often required for participation in events, like specific Promo Card sales, and is utilized by those who own Validator Node Licenses.

So, with all these, I have only one point. These are not just 6 individuals who are constantly staking SPS. There are thousands of people doing so consistently. Please check my previous post for that info. In fact the bottom of top 2000 staked SPS is currently 49696 SPS. That is nearly 50K SPS. So there are 2000 people who are staking at least 50K SPS or more, and all the way up to 64M SPS. Clearly we believe in the Splinterlands project. We are putting money where our mouth is.