Flywheel Analysis - How much $SPS can you burn for $1? #BurnThrough

@captaindingus 73

9 months ago

splinterlands

Good morning Splinterfriends!

This post is going to be short but it is going to be SUPER SWEET!!!

So I have been talking about #BurnThrough for a bit and just saw @bulldog1205 has been as well!!

In fact Bulldog is hosting an event coming up next Wednesday on Twitch to burn a TON of SPS!!

Check out Bulldogs X Tweet here 😁

Recently I had been considering how to bring down SPS Supply without much "loss"... So I burned some SPS for every Win in Ranked or Survival.

Let's say I won 15 SPS for a Ranked Match...

With DEC being close to PEG, I could burn SPS for DEC... then Swap that DEC back into SPS and I was losing about 4-5 SPS per cycle of this... so that would mean I was EARNING 10 SPS per win... instead of 15... but I was also helping ensure the value of that SPS I earned... and the value of EVERYONE's SPS was going to be increased by reducing the Supply!

@hewitt posted in Discord that they read something like $100 of SPS could cycle through 1,000,000 SPS Burned...

So I replied... "Well ok, couldn't you do that with like $1 of SPS and multiply the results by 100?"

Chuckles all around lol

Anyways... that stuck with me and this morning I tested it... I took 100 SPS and started Burning/Swapping...

100 > 95 > 90 > 86 > 82 etc etc etc...

Anyways... I got to 50 and was like ok, I'm done here... WAY TOO MANY CLICKS

However... after I made the 50 SPS Burn... I checked my calculator and lo and behold... I had burned 1,089 SPS!!!

That means for my initial SPS Burn of 100... by the time I finished with 50... or halfway there... I had burned over 10x my initial value?!?!?

Quick math for y'all:

100 SPS > 50 = 1,000
1,000 SPS > 500 = 10,000
10,000 SPS > 5,000 = 100,000
100,000 SPS > 50,000 = 1,000,000 SPS Burned

50,000 SPS @ $.0105 = $525

So it may not be $100... but you could burn over a MILLION SPS for about $500 Loss... However... with your remaining 50,000 SPS... it would increase in value due to supply loss...

WHAT I AM SAYING IS... BULLDOGS EVENT NEXT WEDNESDAY IS GOING TO BE LITTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTTT!!!!!!

I can't WAIT to see how much is burned and I will be joining his stream if possible and burning some of my own as well!!!

#BurnThrough!!!

splinterlands hive conclavearcana sps burnthrough burn dec swap flywheel elmo

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4 comments

@splinterboost 60

9 months ago

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@fallen.angels 67

9 months ago

This post has been supported by @fallen.angels guild!
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@tahirmuneer 63

9 months ago

https://x.com/jewellery_all/status/1916214119226871900
#hive

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@hivebuzz 74

9 months ago

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