Discovering Splinterlands Rental Markets
I just recently discovered the possibilities of Splinterlands rental markets. Sure, I have been renting in and out occasionally but now I realized the full potential of renting. At first, I thought to rent out only those I have more than one but why just hold cards that I don't use?
I like to play a lot so I didn't want it to affect my game or my collection power too much since I was determined to get to Silver II with the cards that I own. Eventually, I got there and now the situation is different. My total power is 40,950 and that puts me barely to Silver II and also leaves me 950 CP that I can rent out without falling back to Bronze.
What To Rent?
I carefully went through my whole collection speculating how much I play the specific card and checking the rental markets if it's really a worthwhile renting out. For example, renting out Chaos Dragon would get me 1 DEC/Day while renting out Elven Mystic would bring me 10 DEC/Day. I guess since the update and the starter cards reducing rewards, there is now a demand for Untamed cards and especially summoners in the lower leagues.
Summoners I rented out:
- Contessa L'ament(lvl 2) for 40 DEC/day
- Wizard Of Eastwood(lvl 1) for 33.5 DEC/day
- Mother Khala(lvl 1) for for 34.5 DEC/day
And to compare:
- Byzantine Kitty(lvl 1) would bring me 6.5 DEC/day at the current market price...strange.
How To Rent?
This whole renting thing got me really excited and is one of those occasions when I have to ask myself, why didn't I think of this sooner? Well perhaps it has not so much to do with thinking, I've thought about it and done it but within the game, the renting experience can be a little frustrating. The game itself doesn't really offer that many renting statistics and it's kind of hard to keep up with your rentals.
Fortunately, there's PeakMonsters. You can check the ROA percentage, compare the rented vs. market price and more. And you can pretty much see it all in one view.
Among other things, PeakMonsters shows you how much revenue you will be getting each day with the current listed price and how much your yearly ROA percentage would be.
To get your rented cards in a nice order all you have to do on the My Cards -page is to click the 'compare your rentals' -button and check the 'for rent' box in the filters menu.
Buying To Rent
After I had rented out the doubles and the unused cards I started to search the market to make a couple of buys with renting on my mind.
I was missing a Goblin Chariot and Elven Defender from the Untamed edition. I compared their selling price to their renting price and notice they were renting out at pretty good prices.
- Bought Elven Defender for $0.47, renting out 3 DEC/day
- Bought Goblin Chariot for $1.15, renting out 3.8 DEC/day
Even though the renting price might fall I think these two Untamed monsters are good and inexpensive investments for the future.
Next Strategy
With the new reward update, I sometimes get a daily focus that I'm not so good at but still grind it through. For me, those not-so-favorite ones are Life and Death splinters. Fighting those through can be really consuming on capture rate and it got me thinking, what if I rented out most of the cards from those two splinters? I mean, I can change the focus once a day and hope for a better splinter and if that doesn't work, I'd just have a day off from playing. Keeping a day off would also help my capture rate to recover!
Final Thoughts
So now I got a new daily income stream of DEC. I just love the financial side of Splinterlands, there's so much you can do besides playing. And hey, it's also one hell of a blockchain game too!
It would be great if you'd leave a comment!
Thumbnail image made with Canva, pictures from Splinterlands and PeakMonsters
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Thanks for the education 😀
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Thanks, you are welcome! Still a student myself though 😄
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While you're renting out, im planning to start renting. Will have to find someone who's a pro in that to know if renting during this bear is worth it. H
That's a good question! Some Chaos Legion cards seem to be pretty cheap compared to those Untamed ones. Without some data, it's hard to say have they came down or went up.
To me they seem cheap, like 1 dec/day for a legendary!
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I may have to do the rough data myself. The chaos legion cards are sold for cheap but don't win battles in a bronze league like the untamed. Just my viewpoint tho.
Yeah, it has to be calculated to get a rough idea is it worth it.
I totally get this. I started playing during the Untamed era and got most of the cards I needed BUT still missing that Living Lava... and it happens to be the one I need the most and is pretty expensive nowadays.
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Great info. I hope to rent out cards and earn some passive DEC in the future too. Cheers!
Thanks! Great system, pretty much like staking.
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STOPI was just leaving and you caught me there.
I feel you are having good strategy but if you are buying the cards then do consider other things apart from current rental income like "utility /stats" of cards.
I feel card Like Djinn Oshanuss with it's stats is cheap and I feel once it go out of print it can go upto 10x making return on investment (though not on rental income.)
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That's a good point.
I can easily agree with this one, I think Oshannus will be "the next Living Lava". So many players using it and it fits with many tactics.
I also Djinn Chwala and Ureaus will gain value in future for the same reasons mentioned above. But yes, like you said, this is when their prints run out.
I was also surprised by the price of renting the summoners. This has never been the case, even in the days of hype, when all the cards in the lease cost crazy money. The summoners have always remained affordable.
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Yeah, and there isn't a huge cap between lvl 1 summoner and a lvl 2 for example. So, if I hadn't combined those summoners, I'd be making some good money by renting them now.
Yes, that's what I was thinking too.) But I think prices will stabilize soon, just like they did during the hype.
Why, why, I didn't think of this sooner! :D
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Yeah,) me too!
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