Outsource Your LICENSE Staking and Earn Passive Income | EZLICENSE + @peakmonsters Tutorial
2025 is a year where promises are being delivered. Some of these deliveries act as a nerf for the short term and a loss of easy revenue. I see this as a necessary sacrifice for future prosperity. The market is not very good at rewarding good projects. What it is good at is punishing the bad projects with weak fundamentals. I don't want us to ever see the bear market lows we faced over the past few years.
We need to onboard and retain players and before doing that, we need a great game with good decentralized infrastructure. At the moment, we are very close to accomplishing this. I am not merely talking about the technology. The team is thinking right and I am very optimistic that their plans will succeed.
LICENSE Staking Made Easy With @peakmonsters
I have 1 SPS Node License that I bought during the Presale. It was a long time ago and it is great to see the project go live. Having to scale down development during bear market was a took a massive toll on the speed of delivering features. When I participated in the Presale, I was expecting someone to come up with a staking service. I had first seen it with Dash Masternodes (PS: check out @thedessertlinux for anything Dash related. He has been among the absolute pioneers on many things in cryptosphere).
https://peakmonsters.com/@username/cards
Go to the above link replacing the username with your HIVE wallet address. Keychain is the recommended wallet for these operations. If you came from Keystore login (created by INLEO), use your 24 word seed phrase as your Master Key and it will import all your keys.
As you can see, it is a very simple process that took few clicks to accomplish. Anyone who is technically proficient enough to handle basic Web 3 activity can now earn through their LICENSE investment.
Claiming Rewards Through Dashboard
The existing SPS Dashboard is used to claim rewards. Essentially speaking, these UI elements are simply prompting transactions for the user to sign while providing few useful statistics to help them make better decisions.
LICENSE holders used to get SPS + VOUCHERs for merely having them in the wallet. These claimed rewards were staked (similar to gameplay rewards) and they could only be claimed once a day. LICENSE rewards claim has been moved next to staking rewards and can be claimed at any moment.
When someone claims the gameplay rewards, it creates an automatic claim for staking rewards. The same does not happen to the LICENSE rewards. When LICENSE rewards are claimed, it also creates a claim on staking rewards as there is only one button for both of the claims. This is going to be the experience for anyone using the official interface.
SPS vs LICENSE Rewards
Most of the above stake was earned through the many years I spent with the game. Some of those earnings got unstaked and sold for Cards and LICENSE. Most of what I earned was reinvested back into the game. The 11.01% APR is definitely a good APR for a project that has been around for over 6 years and planning to stick around for a long longer. I made a screenshot of the amount of SPS + VOUCHERs earned in the same time period for SPS staking vs LICENSE staking.
Now the question is about how much it cost to acquire a LICENSE. @peakmonsters have made their service free until April 15th. The price of a LICENSE had fallen tremendously and remained low for many years. There were plenty of time to invest in one for the fraction of the price I got in. The current cost (after some positive price action) is only $230.933 despite offering higher APR.
EZLICENSE for Fractional Ownership
Ethereum is the most prominent example of a staking related project with a high barrier for entry. There are multiple services that allow investors to own a fraction of the required Ethereum and still participate in staking. The services take a small management fee for all the technical work they do. EZLICENSE is a project that has been around for over 2 years. The project is run by @thorlock who is also a Validator for the SPS sidechain. More information about voting for Validator Nodes can be found in my recent article.
The Best Time is Ahead of Us
Most traders are not in a good emotional space. Madness has taken over the markets and it is a waste of time to dwell on these hollow things. What is important is continuing to build. There has not been a better time to be a builder in a very long time. At the same time, we have reached extreme fear for the first time in a long time. We are essentially looking at the sentiment level that is similar to one of the worst blow ups in cryptosphere.
- Land 1.75 is Ready.
- Conclave Arcana is Ready.
- Validator Nodes are Live.
- New Fiat On/Off Ramp is Almost Done.
- INLEO is Open Sourcing Its Onboarding Technology.
Facts are more important that some fleeting sentiments. Instead of buying into the doom and gloom, try to dispel the myths and focus on making the world a better place. Try to usher in a new era where individuals have more freedom and control over their lives. Gaming and social media is a the best gateway drug we have IMHO.