Splinterlands: Rental Market and the effects of soul bound reward cards

With the old reward system removed and the new soul-bounded reward cards, the entire structure of the Splinterlands rental market has changed. The demand for cards is nowhere as high and the rental income has dropped significantly compared to the past. It just looks like the bots have changed their play style and I don't think there are as many of them as in the past.

Rental Market before

About a month ago, I reviewed how SplinterRents was doing with the rental income of my own deck in this post. Back then, my income per day was easily over 1k or 2k DEC without any issues. it has changed a lot since the previous reward changes as my rental income is in the range of 500-600 on average lately. This represents a drop of at least 50% on my rental income. I was still able to rake in quite a decent amount of rental income in the previous season according to my season report card but I expect this season's income to drop.

What it is now

With us closing into the end of the season, I was fully expecting my rental income to be a lot higher but even now, it's only around 546 DEC yesterday. The demand for cards is just not there and I don't even know if it is worth renting out as much. I am still leaning more towards renting them out because every little bit adds up over time though. However, there are cards that I might want to use and I think it would be way better to just take them back for my own use. Maybe, it's the perfect time to upgrade any cards that I can and leave the rest to the rental market.

According to Peak Monsters, my rAPR is still at 10% or so. Most of my cards are not being rented out though if you pay attention to how much my maximum DEC could be.

I think this post does a great job of explaining everything in regards to how the rental market has been affected. Although, it does look like the activity portion might not be correct because it has been rising over the past few days and this post talks about it. Overall, I still think there is much to be considered and the game has changed somewhat after the changes.

Conclusion

The rental market has changed due to the reward structure changing. I understand that the game will make changes over time and while I am disappointed about the rental market, I am still optimistic about Splinterlands. Hopefully, the change to soul-bound reward cards gets better rather than worst. We can't change anything in regards to this so all we can do is adapt to it.

Are you in the Splinterlands rental market? Have the changes to the soul-bound rewards made you change anything in regards to how you were doing things before?

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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