Splinterlands: Passive Rental Income Update #15

The Splinterlands rental market is one of the best ways to put your assets to work and give you passive income. It's been around 2 weeks since my 14th update on my rental strategy.

From what I have seen, the rental markets are fine as I am pulling in more than 1k DEC a day. However, the new season has wild and modern formats so I have no idea how the prices will react. Soon, the DEC rewards will be replaced by SPS so I wonder if people will be selling SPS to get DEC to pay for rentals. Either way, I don't know how things will react so I plan to save up some DEC for now. At the same time, the SPS airdrop will be ending soon and I have no idea how the market will react once the year long airdrop is over.

Rental Progress

My original post, where I announced my strategy, shows my general motivation for choosing this strategy. Like I said earlier, there are good and bad cards out for renting out right now.

Purchases

card buys.png

As always, I used Monster Market to purchase my cards for the cashback. I was thinking about spending more but I just went the route of gold foil rare cards. After looking at what I bought, I think I should have skipped the basilisk because the rental prices aren't as great. However, it still generates some DEC each day. Having more gold foil cards isn't a bad idea with the new reward system as you get more points for using gold cards.

I didn't buy the usual untamed cards because I was unsure how the current changes would affect the rental prices. So I will wait a bit to see how it affects things. The summoner prices look like they will drop because you can't spam the same splinter and you can use any splinter to get the season reward points.

Income

My income and all rental price management are done through Peak Monsters because of the tools it provides me. I didn't really modify much in terms of my prices since last time and it's still netting around 1k DEC a day. It's a bit unfortunate that some of the cards aren't renting for such a high price but it's to be expected with how the reward system keeps changing.
previous.png
Above is my previous report's income and below is my current income.
current.png

DEC prices have gone down even further and it has to do with all the DEC being printed from the new focus/season rewards. This is probably the reason why they want to push the selling pressure on top of SPS. However, I don't know if it will really work. My collection has dropped in value but that is to be expected when the price of DEC drops. I still think it's doing quite well in holding up value though.

Conclusion

I am unsure how the prices will proceed from here but I am still glad that the rental market is helping me build my collection. At 1k DEC a day, it's an amazing thing to see and the minimum rental period is going to be two days so the cooldown period will affect me less. Either way, I am going to wait a bit to see how it will affect the rewards system with the upcoming changes.

What are your plans regarding rentals in Splinterlands?

Feel free to leave a comment if you read my post. If you have any questions, feel free to ask and I will do my best to answer.

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11 comments
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Lot of Dynamics is getting change in game, Another biggest proposedchange is end of DEC rewards.
Rental is going to be "unknown territory" for coming few months.

!CTP

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Yea I think it's unknown territory right now. It's going to be a bit annoying trying to figure out how things will react due to the new changes.

Posted Using LeoFinance Beta

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Interesting times ahead for sure. I don't see any way around DEC heading back up to .001 at least once they cut DEC rewards. That's a 75% increase. I'm actually selling a few cards right now to build my DEC stack further. I don't know if you saw but yesterday we got back over 200k daily active users for the first time since they updated the rewards. And it wasn't by a little bit. We went from 194k to 224k. There are a lot of people who were waiting for modern mode to get started. The rental market should stay strong.

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He wanted something *meteor*.

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Yes, but I think it's going to increase the selling pressure on SPS and people are still going to need DEC for the rental market. So I wonder how things will go because people will still be able to change SPS into DEC when DEC is back up to 0.001. The selling pressure for DEC would still exist but I guess it would still affect DEC price to an extent.

Posted Using LeoFinance Beta

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Unless buy cards with SPS option is available there will be swaps from SPS to DEC for purchasing cards, I wonder the impact it will be having on both tokens.

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Yes, but what will change in the system if you can use SPS instead? I feel like it's just confusing people with more layers of tokens.

Posted Using LeoFinance Beta

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Rentals are doing just fine,I will be joining the league soon

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I am wondering what the new reward system changes will affect the rental market and I am unsure what is going to happen. Good luck with joining the rental market in the future.

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