Just One Season Away To Big Changes

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Just One Season Away To Big Changes

In terms of investments Splinterlands is my number one investment here on hive while hive itself comes in at a close second followed up by LEO tokens. Because of that I have been pretty laser focused on Splinterlands as of the last year and invested back in Alpha.

While my Alpha deck suffered a bit at about half power towards a max deck I actully have two full beta decks and a semi third deck mostly with rare and common cards. Currently I'm working on my Chaos deck as untamed got away from me during my break from steem/hive when all the craziness was happening and I kind of wrote it off as a lose back then. However my renewed focus has me geared more to the success of hive and Splinterlands than ever before!

Big Events Happening After This Season

I would say this season is the last you have to really stock up and get prepared at these low prices. After this season we should see a price increase in not only SPS the governance token of Splinterlands but also a increase in the DEC value to try and return it to its peg of $0.001

What's Changing With SPS

SPS airdrop is finally coming to a close. It's pretty crazy to think that this time last year SPS launched and while the price has gone through some wild swings it currently trades at some rock bottom prices and pumps out vouchers.

With the airdrop over that means 750,000,000 SPS out of the 3 billion to be printed will be over. That means roughly 1/3 of all the SPS that will be minted has been minted and we will see a slow down in terms of the amount of liquid SPS people are going to be earning. These new SPS rewards are going to require people to be active through battles, nodes, defi and guilds thus increasing the playing and competition to get your hands on that SPS.

This is going to start reducing the amount of SPS liquid heading into the system and the speed at which it gets injected.

Besides that SPS is thought to be burned for 100 DEC or 1,000 DEC still unsure on that one. 1,000 would make more sense as that would be a $1 value while 100 would only be $0.10 value on the token which seems stupid low to me for a governance token. DEC and not be burned back to SPS so this will further reduce the supply. It's unclear at this time if it would go into a pool for rewards later after a few years for the game or simply be removed.

Land plays another big factor in SPS value as SPS was said to have a huge impact on how land works.

SPS will be used for "Dice" style packs coming in early Q3 and I believe we will see a massive run on Chaos packs here next month as people will be looking to offload their DEC which no longer gets airdrop rewards but retains it's 4,000 DEC per pack.

All of these are positive signals to the SPS token.

Changes to DEC

For as long as I can remember DEC was suppose to be a stable coin valued at $0.001 but that quickly turned out not being the case as everyone wanted it in order to get the SPS airdrop as much as possible. The other end of that is what we are seeing now. A huge inflation of DEC and a value of about $0.0006 which is half of what it should be at. (Long story short I'm stacking the heck out of DEC at the moment) The team has said they will be removing DEC as a reward and replacing it with SPS rewards most likely after this season. That also means DEC is going to become harder to come by. In some cases that almost makes me think DEC could go well above $0.001 until other systems get put into place to stabilize it. That means my rentals could very well see $100 + days again!

DEC will have value more then ever for rentals, bots and just overall game play. We might see more burning of SPS, cards (in particular reward cards) and so forth.

All of this is painting a picture of a very bullish price move across the board for Splinterlands in Q3, Q4 and moving into 2023.

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8 comments
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Badly going to miss the SPS Airdrop. :( It was fun claiming those free tokens everyday. I also think APR will drastically reduce because, in order to get SPS, most will stake it within the game.

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Possible but it does get locked up and SPS will have many other use cases that you will want to have some liquid on hand. I'll miss my 600 SPS per day :(

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All I can see now are so many reasons to hold and stack both SPS and DEC. Glad I finally got into rentals and now have a nice stream of passive DEC income.

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I've been watching this pretty closely. It's definitely 1000 dec per $1 of SPS. The SPS will be burned. No going back into the pool.

I didn't think this would have much of an impact on SPS but it does make it more interesting now that the ONLY way to get DEC is to burn cards and SPS. If this is successful in ramping up card prices, it would never make sense to burn cards so that means 100% of all dec will now come from burning SPS.

It's interesting. I wonder how it's going to scale. As SPS goes up in value, less and less SPS would need to be burned for DEC. Meanwhile there is A LOT of SPS. At the same time, higher SPS might make people feel rich and then they might push those cards up in value meaning more DEC is needed to buy them.

Lots of things I'm curious about. I have to say also I'm a little worried about riftwatchers coming out. Just about the time everything should start picking up again, they are going to drop 15 million more cards on us. Its guaranteed that many people will sell older cards to buy riftwatchers packs.

My second concern is that modern and wild is going to take a lot of utility away for older cards and that could cause its own sell off.

Third, Untamed is doing great right now but when rebellion comes out, untamed and dice get pushed out of modern and that again could hurt those specific cards at the same time rebellion puts another strain on the card market.

Of course the other side of the coin is the land release, the fact that we should start seeing larger guilds come in when modern hits, we still have 250k old bot accounts trying to figure out how to get back in (the other day 110k new accounts signed up but didn't buy spellbooks and that could have been guilds or bots getting ready to play), the limited SPS pool rewards could push bronze players up which would mean card combining, and the new SPS staking on players feature could be game changing as it will encourage whales to find new players with promise and sponsor them.

SO tons of amazing mixed with the same old problem of too many cards coming at the worst possible times. Man I really want to see this game hit its stride again. Those big rental days of last year would be very welcome !LOLZ
!WINE

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Thank you for your information on the SPlinterlands economy. I have been accumulating SPS during the bear, hoping it will one day return to it's former glory. I am renting quite a few cards, but have neber achieved 100$ a day, that would be wonderful and is a dream I aspire to.

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