Rebellion Is Facing It's First Major Test
In this video, I discuss how the recent down turn in the market will be the first major test for Rebellion and the Splinterlands ecosystem as a whole. DEC is supposed to be a product-backed stable coin and with a desirable product like Rebellion on the shelves, we will see how well sales continue and if they are able to keep DEC at peg and the flywheel continuing (through burned SPS).
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Very interesting to see how lower DEC price has dropped the 2ndary market price for packs as well as the EV of the cards from the packs. Someone must have started dumping cards, but those GF prices holding steady 😭😭😭