RE: SPS Validator Node Licenses Seem like A Bargain to Me...

at presale is $1000 plus $500 in Voucher (Voucher is currently around $2) = $1500

Not that it matters now since presale is over but its 500 $2 vouchers, not $500 worth of vouchers. So presale was about $2000. Still a deal.

I tend to not look at any of this in terms of USD but instead of SPS.

If right now I bought one in pure SPS it would cost 31k SPS. Sure, that's $3000 now but lets say SPS goes up to $1, I'm getting my $8100 per year now, its hard to say that's a profit because now its effectively like I paid $31k for the license since I could have still had that 31k SPS.

So for me its all about how long will it take to replace the SPS I spent? If I spend 31000 SPS and I'm getting 8100 sps per year, that means its 4 years to replace my initial SPS cost. Vouchers change that math considerably in our favor since at if 5000 licenses sell like in your example and we're getting 4 vouchers per day, it would take just 125 days to replace your vouchers and that 31k SPS becomes 16500 which is much easier to replace. You could even sell the vouchers beyond those 125 days and use it to buy more SPS to hurry the replacement up.

It's all pretty interesting. I was expecting a bit more of a bump in SPS price than we got. I think I'm going to wait until Rift Watchers comes out to buy and hope we stay in tranche 1. That should push SPS up a bit and I'll have longer to collect interest on my stake. Plus I don't think they'll be functional before then.

!PGM