RE: Splintershards (SPS) Price Analysis 10/24/21
You are viewing a single comment's thread:
I think it's important to consider the effect this will have on Airdrops. Currently, at a decently high SPS rate (c.0.60) it is very lucrative for people to either hold DEC or use liquidity pools to divide their assets. If SPS continued to decline, it would be less enticing for people to hold DEC since the net value of their airdrop is significantly lower in USD.
Something to consider.
0
0
0.000
With my calculations I'm making around 270% APR just holding DEC to get the SPS airdrops (the splintercards tool underestimates at 200%). If SPS were to drop in half, theoretically I would still be getting 135% APR at least... so yes the price could drop much lower and this would cause less demand to hold DEC, but even at those prices it would still be extremely profitable.