How Splinterlands Changes Could Effect You

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How Splinterlands Changes Could Effect You

Splinterlands is the biggest crypto / nft game. It's quickly become the leader in all aspects of what a true web3 style blockchain / nft / card collection game should be. Where MANY others fall short Splinterlands continues to deliver, change and implement new features.

What's Changing Soon

Splinterlands is converting to be more decentralized and offer up governance on it's game. This is done through what is known as SPS governance tokens or Splintershards. This has been the primary focus by many over the last year and now that the airdrop is over we are seeing things shift and change. New features are now rolling out that earn SPS rewards such as...

Liquidity Pools

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7.5 million SPS tokens per month and will be reduced by 1% each month there after.

Ranked Battles

Ranked battles will now have SPS added into the season rewards and daily focus chests. This will be another 7.5 million SPS tokens per month to be given out and reduced by 1% each month there after.

Full details on this can be found from @splinterlands itself at

https://ecency.com/splinterlands/@splinterlands/splintershards-sps-ranked-battle-rewards-and-governance-voting

DEC Removed SPS Takes Its Place

These new rewards will be in place of DEC rewards in chests. This means no more DEC will be given out in rewards and instead will come from liquidity, conversions and I believe that's it. This is in a effort to stabilize the DEC value at a pegged $0.001 per DEC which can be used to buy in game packs, potions and other items.

This of course is speculative but in general the idea is to stablize DEC at $0.001 and SPS will increasingly become more valuable as more features are added, voting, buying packs and so on. For example Rift watchers.

Rift Watches

Rift watches is the next mini pack that will be released on Splinterlands. It's expected in about a week or two to hit the market. There are talks of a presale window which will have bonuses and most likely require vouchers giving a little value back to vouchers. It's also confirmed I do believe the SPS will be the only way to buy these packs. At $5 each that means $15,000,000 worth of SPS to be used up to buy these mini packs and I have a feeling they are going to go pretty quick unlike the 15 million chaos packs which still have just under 5.3 million packs left.

Speculation

To be clear the information above is provided in good faith but things change at any time. This article is not financial advise and simply my own opinions and speculation. Do your own research before investing and understand the risks.

If you can get DEC for under $0.001 via a stable coin you're most likely going to end up netting a profit within this year being that DEC should balance out to $0.001 in fact it might actully go over this at first as there's increasing demand on the token to stake it in liquidly pools for SPS rewards and so forth.

SPS will most likely dip in value but grow later as more features are released for it. Right now currently SPS is taking a hit as I suspect some people are moving into DEC at the below pegged price. This along with a rather what I would call "boring" phase for SPS where it currently has no use case besides APR earnings doesn't hold much value to it.

However SPS win the next month or so will start getting a few use cases. For one Voting or at least the first phase of voting with your staked SPS will become a thing. I figure this will come a bit after ranked rewards for SPS is in so more people can interact in the voting as the ranked rewards SPS will be instantly staked in their account. Also with Rift watches 15 million is a pretty sizeable amount of SPS at current prices but with demand that price will go up and the required amount of SPS needed to buy these packs will be reduced. It really all depends on how fast they sell out and it very well could be mega fast!

Get your Splinterlands account and start playing today.

Posted Using LeoFinance Beta



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12 comments
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Whether the rewarding system affect the price of SPS or not is a huge concern for many players. I do not have concerns about the update as the long run is still bright for Splinterlands more than any other play2earn game...

Posted Using LeoFinance Beta

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!1UP I agree with you, this new SPS distribution may generate an initial drop (relatively controlled by being distributed directly on Stake) but eventually the price will go up again as they add new usability to the token. Thanks for sharing your opinion!


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I'm thinking Rift Watchers could send SPS up to 12-15 cents. If that happens theres an incentive to start buying nodes. Could get really interesting in a hurry.

Vouchers in this scenario could get interesting very quickly. Most will be used up on packs and then there could be a quick spike in demand to buy nodes. We could possibly see the $3-$5 voucher happen at least briefly. I'm thinking I might even sell my DEC for vouchers.

I think the DEC upside from here is all but gauranteed but the voucher upside seems likely and it could dwwarf what we see in DEC or SPS. Plus it would be nice to have more for packs if I decide to buy in. !LOL

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Splinterlands is just getting bigger and bigger!!

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I find the new rewards in SPS tokens interesting. I believe Splinterlands has a good future ahead of it
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