I bought 5.25k DEC for my holdings!!

Welcome Guys!

Once again I decided to buy more DEC. I saw graph on splintercards site. There was massive burn in last days, which encourage me to slowly accumulate more, when I have some free funds.

So ok! I bought 5.25k DEC. Price on swap tribaldex was even better than on buy side on hive-engine, which was cool for me.

After confirmation I got my DEC, which sit in liquid on hive-engine. Total holding for moment of making this post is over 15.7k DEC. It slowly adds to my total holdings. Now I just need to figure out how to get some more hive for another buys in the future.

Source: https://www.splintercards.com/

It looks really amazing, just look on this chart. Almost vertical line down. Current supply just going down every day!! In the past we saw many times how many DEC were procuded just for buring SPS that was a big problem with over supply for years, but now it looks to work in second direction. We are really under soft pegg on DEC, so nobody burn SPS, but team burn DEC, when someone pay with credits. Now is sale with packs for lands, I know that some people pay in credits, so DEC is burned! But not only with payments via credits, when cards are sold on market 2% fee is burned.

Dec price for this moment is still far away from soft pegg.

So credits are worth over 4x more than DEC with current prices.

Thanks for reading my post and see you soon!

Write a comment, what do you think about current burn numbers in DEC!