DEC price increases, supply decreases!
From the outset, the goal of the Splinterlands team was to consider $DEC as a stablecoin within the game, tied to the $0.001 peg. The most significant problem was immediately to reduce the circulating supply which had reached significant numbers, almost 7 billion, effectively making price stability very difficult.
The supply reduction process would have passed from the game, and not from a possible buy & burn, and the team started a series of changes, for example in the rewards to the pools, replacing $DEC with $SPS, and encouraging users to burn $ $DEC for example with the most recent DEC-b purchase which effectively burned well over 1 billion tokens in just a few weeks.
On the other hand, the team has repeated several times that LAND will drain DEC and VOUCHER and we had a small preview last week, when the players took the survey and hundreds of millions of DEC tokens were burned in just a few days.
In my opinion, it will be necessary to burn DEC again before finding a stabilization and favoring the SPS->DEC conversion process, which in turn will generate great utility for the governance token and that mechanism will be activated which will be increasingly natural and convenient for SPS . The release of LAND 2.0, expected at the end of the year, will trigger a run on DEC and it is also probable that there will be a new sale of DEC-b, favoring the sustainable economy of the game.
Conclusion
The @splinterlands contests are not only meant to get us generous upvotes but above all to help us discover new cards that can be very useful in our battles and stimulate us to new strategies and more options in battle.
The low card prices, also caused by the large number of prints and availability of Chaos Legion cards, are a great entry point for new players. In fact, it is possible to build an excellent deck of cards by spending little, compared to the cards of previous editions. It will also be interesting to observe the upcoming airdrops of CL cards in order to better determine which Summoner to upgrade and consequently which cards to buy on the market!
Furthermore, the strategy that each player sets himself can undergo natural variations, in order to improve his deck of cards and climb the ranking of the best players, also obtaining higher rewards!
Good game
Thank you for taking the time to read this post. If you haven't signed up for Splinterlands yet, I invite you to try it. You can use my referreal link
Posted Using LeoFinance Beta
https://twitter.com/2372720098/status/1645999518683480064
The rewards earned on this comment will go directly to the people( @claudio83 ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
The reward replacements from dec to SPS really worked to first cut of the new supply. Then they came with the dec-batteries which sucked up over a billion dec from existing market, not to mention that they are getting dec from card and rental market too in form of fees so I don’t think there’s much time left before it touches the 0.001$ price mark. Great post claudio 🔥❤️
Thanks for your feedback mate ❤️
I am so excited about the future of Splinterlands 🎉🎉
Incredibile essere di nuovo così vicini al peg! Chissà se questa è la volta buona che si riesce a dare il via al meccanismo di burn DEC-SPS
!PGM
!PIZZA
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
Secondo me, sarà necessario ancora bruciare centinaia di milioni di DEC prima di avere qualche effetto reale di lunga durata
Dici quindi che a breve rivedremo calare di nuovo il DEC? Speriamo che non scenda troppo, che se no io col cavolo che riesco ad acquistare un po' di carte ahahah
!PGM
BUY AND STAKE THE PGM TO SEND A LOT OF TOKENS!
The tokens that the command sends are: 0.1 PGM-0.1 LVL-0.1 THGAMING-0.05 DEC-15 SBT-1 STARBITS-[0.00000001 BTC (SWAP.BTC) only if you have 2500 PGM in stake or more ]
5000 PGM IN STAKE = 2x rewards!
Discord
Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP
Get potential votes from @ pgm-curator by paying in PGM, here is a guide
I'm a bot, if you want a hand ask @ zottone444
$PIZZA slices delivered:
@arc7icwolf(1/5) tipped @claudio83
Do you know you can win a Chaos Legion pack and many other things just by following some simple steps ?? Check out our Latest Daily Showcase and Participate our latest Giveaway. Thanks
Thanks for you incredible support
@tipu curate
Upvoted 👌 (Mana: 22/32) Liquid rewards.
Thanks for sharing! - @alokkumar121