Splinterlands DEC Price About to Soar?

A few weeks back proposal #35 was passed and in that proposal was to allow DEC be used to purchase Riftwatcher packs. Now recent proposal #37 just passed where in the future players who wish to stake Soulbound cards to be played on land will require DEC burned. All these proposals are leading to one thing, getting DEC to peg! How?

With more utilities for the token there will be overall less DEC in circulation. With demand higher due to utilization increasing it will also reduce the overall supply making it a win win for the value of DEC

Do not forget we got increase in fees for purchase of cards in the open markets which is burning away even more DEC for each purchase made.

Then we got DEC burn fee for latest SPS leasing and the fees for adjusting prices on card rentals. All the little fees are adding up and will continue to do so which in turn is reducing DEC overall supply.

The DEC supply has continue to trend down so it will simply be a matter of time before we will see DEC hit peg and could even go higher from there.

Proposal #37 although has passed there is not set in stone the numbers of DEC needed to be burned. When land 1.5 does roll out I can only imagine the DEC supply simply drain further down. Since it requires staked DEC to partake in using cards in land and now proposal #37.

It all adds to a whole lot of bullishness for DEC price. What do you think?

Until next time thanks for reading!!!

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