RE: Chaos Legion Set & Presale Info

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So... based on a current 91M SPS currently staked and a daily voucher total of 33,333.

This means 1 voucher = 2.7K SPS = $700 minimum?

πŸ‘€



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it'll mean small sps stakers may only be able to buy 1 or 2 chaos legion PRESALE packs, kinda sucks but it is what it is I guess, They could buy up some SPS now and get more.

Also depends on how much vouchers on the open market end up being.. which.. god I hope they are NOT $700 lol xD


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Yup, being a new-ish player, I kinda did the math and I more or less get to earn 1 Voucher at the end of the 30 days period, assuming that the total Staked SPS doesn't increase (which it would just based on math haha).

Ah well, will try to buy some off the market, the Voucher demand is gonna be craaaaazy.

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to be fair, there are those who will just say screw it or look to mitigate the risk for their investment and sell their vouchers. the smart move might be to forget about sps staking and just look to buy up vouchers. and there will be those with so little staked that they'll only get .01 or something negligible and will look to sell them.

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(Edited)

Yup, just 2 strategies for this I guess.

Buy SPS to earn a voucher (good for long-term since SPS is a governance token)

or

Buy a Voucher directly to prevent from missing out, at the expense of a huge upfront cost for the voucher itself.

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yeah the problem is how much vouchers will go on the market. if they start going for too high, everyone will switch to just selling them and we'll be back at problem 1 with only whales getting the presale packs.

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will be really interesting what the price of 1 voucher will be.

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Thanks for working that out... I imagine by Mid-October there will be a lot more than 91M staked though.

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Yeah, just based on Staking APR of 100% approximately, that's a 0.27% APR per day assuming all holders reinvest. That's.... an additional 245K SPS being deposited each day (more or less), further diluting the share.

This isn't even counting manual deposits from the airdrop hahahaha.

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To get the The Legionnaire title during presale (which people will definitely want because of the SPS airdrop benefits) you'd need 1000 vouchers and $4000 USD. To get airdropped 1000 vouchers in that month you'd need to receive 34 vouchers per day. At the current time (91M staked with 1 = 2.7K SPS staked) you'd need to have 81000K SPS staked... which is currently only the top 189 accounts in the game.

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🀣

Ah well, 189 people (+ a bit more from those really wanting it) makes sense.
Keeps things exclusive for the older players which is... good.

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... Whereby these 189 accounts belong to less than 189 people ... :)

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sounds great, but it's given that 91M.
now is 95M staked, so basically...
2850 SPS / $1040 (SPS=$0.365) for 1 voucher

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You can buy 1K vouchers upfront from market than staking millions of SPS to get couple of vouchers.

Vouchers are just one way to reward SPS stakers. SPS staking rewards was first one. and there will be more ways as time goes on.

IF someone just want CL he can buy vouchers from external market rather than staking SPS, unless he wants to stay in game longterm and have say in things.

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Thats just... yikes. I knew it would be a lot, but that's insane. haha.

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(Edited)

😏 In my opinion this is not very fair for newer players. They don’t have many SPS and so many won’t get ANY vouchers while they need them the most to be able to step up in the leagues and build their decks…If you need 2,7k SPS = 700$ to get one Voucher, the boosters get insanely expansive. It is still open what the vouchers will costs if you buying them directly but you will definetely have to pay much more than 4$ to get a Booster.
πŸ˜”I am quite dissapointed to be honest!

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So i staked 30$ into sps. All in all i am at 200 SPS now. They're worth round 70$ which is really great.
So in the whole Presale, I will get around, let's say it's 2,7k SPS for one Voucher a day, 2,2 Vouchers in the whole Presale so i can buy 2 Presale Packs.
Well everyone had the chance to buy more SPS. Prices were crazy low one week ago. Even now is still a chance to buy SPS (i guess) pretty cheap in the long term.

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(Edited)

I completely agree with you. For new players, the voucher system is a joke. They have 10-500 SPS and have no chance of getting a voucher.
That would be okay if it only affected the presale, but as I understand it, booster packs will only be available against vouchers even after the presale. You can't be serious. A small account can never buy booster packs like that.

Think of the next generation!

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They can just buy them during the regular sale. It'll be fine!

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πŸ‘πŸ» Now that they changed the voucher rules. Yes.

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Vouchers will be fungible and can be bought from external markets. So smart people won't stake SPS just to buy a CL pack. They would rather buy the Voucher from external market.

Also note that the sps you you stake also gives you daily staking rewards and possibly more benefits in future. So staked SPS is not wasted but can be unlocked and sold. Longterm hodlers would prefer staking for additional benefits.

So it's all on people what path they choose.

Without the voucher system only whales would get most of packs in presale. No fish would have the chance.

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