Splinterlands: Passive Rental Income Update #4

The prices of Splinterlands assets continue to drop as more supply from Chaos Legion is released. In fact, this post by @achim03 highlights this and he explains the different cycles we can expect to see in Splinterlands. When there are no packs we can buy and open, rental prices will increase because the supply isn't there. However, when there are packs being released (like now), we can expect prices for cards to drop and it makes much more sense for players to build their deck rather than rent them.

In a way this is also linked to the price of DEC. Before Chaos Legion was released, everyone needed DEC to rent cards but the mechanism for how much DEC being issued is based on it's price. So now that prices have gone down, players are also seeing reduced earnings. This in turn makes them rethink the prices they are renting cards for and they will also make adjustments to stay profitable. My basic rental strategy is explained in Passive Rental Income Source post.

Rental Progress

I still plan to keep my original rental strategy as it puts my cards to work and earns more DEC for me over time. This should compound and everything I buy for this is earned in-game through DEC anyways. You can also find my previous report to compare the values. As I stated before, I may need to drop prices a bit more to make my rentals more attractive as there are less people who want to rent cards currently and the DEC rewards are also dropping.

Purchases

card buys.png
As always, I used Monster Market to purchase my cards for the cashback. I used up the DEC I earned from ranked battles, rental income and rewards chest over the past two weeks to buy a few more legendary cards and gold foil rare cards. I think Venari Wavesmith will always be a good buy because of the extra armor buff he gives and Harklaw will always has it's uses as a tank.

Income

My income and all rental price management is done through Peak Monsters because of the tools it provides me. As it allows me to manage bulk load prices, I find it much easier to change the price of duplicate cards.
previous.png
Above is my previous report's income and below is my current income.
current.png
As the previous season has just ended, my rental income is a bit higher than last time. I plan on keeping up with the prices in a few days to ensure my cards get rented and that they keep producing income for me to use. The total value of my cards has dropped and I expect this trend to continue until Chaos legion is sold out or at least stabilizes.

Conclusion

I fully expect the rental income to drop even further as they try to reach an equilibrium because of the excess supply provided by Chaos Legion. This is all part of the general cycle so I see no need to be worried about this and rentals will recover once the Chaos Legion sells out. Without the large demand on DEC, I also expect DEC prices to drop even more so this will also cause the DEC earned in ranked battles to drop. So this means that there will be less DEC that the players are willing to spend. With this, I just need to continue building and it will pay off over time. My strategy has not changed and eventually some of the reward cards I have bought will also go out of print. So I can expect prices to go up eventually.

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.

Posted Using LeoFinance Beta



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I think it is a good opportunity to create a portfolio of Cards that gives good returns in the medium term.

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Yes I agree. The only issue is that the DEC cost for cards hasn't dropped too much but the DEC earned is dropping. So I think it might take a bit longer to just get cards based off my normal in-game earnings.

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