Splinterlands - Rental Market Status (4.27.22)

avatar


image.png

We are coming up to yet another near end of season in Splinterlands and the time for rental demand reaching peak demand. Will this season top last season and become overall breakout of most rentals ever?

Prices for rentals have been dipping season after season and it remains to be the trend. Meanwhile surprisingly the demand for renting cards have continue to rise season after season.

PR news on Spinterlands renting out 2.32 million NFTs!

To this very day I do not believe the cryptocurrency space is apperciating the accomplishment Splinterlands has achieved in regards to NFTs delegation, ownership, and rental. The several options to use the NFTs are just first of its kind and very popular through and through in game.

image.png

Overall market cap of the NFT collection continues to fall in price leading to the continuous fall in rental prices. Ideal one would how this slow down trend will reverse but since overall cryptocurrency market has also been trending down it will take time before Splinterlands will see price appreciation.

This leads me to believe this upcoming end of season rentals will yield the least amount of income for lenders while renting out the most amount of collection power yet.

image.png

Even in my own account I have dropped in earnings for lending out my NFTs for now the third consecutive seasons. I have adjusted my price rates yet again to the down side in hopes the cards get rented out.

What is increasingly concerning is that DEC price remains low relative to where it was just a few seasons ago. In addition the amount of DEC rewarded in rank battles for lower leagues continue to fall. As of now I am yielding 6 DEC in gold league when my ECR bar is at 100%.

Will look back at the end of season to see how my rentals earnings turn out and compare it to past seasons but for now am cautiously optimistic about current season reaching new heights in the rental market.

Until next time thanks for reading!!!


https://images.ecency.com/p/HNWT6DgoBc1692QWn5trsLBYecSp3jKD1kzdmSDR4FGzPSXomkgLtisN5TzrwHTsD1D4ocqDPHpFztKzeH4ibh1vQVU3d3dSaB6VYJ1U3RdsSDi5spmdafX25ph.webp?format=webp&mode=fit

If you want to play splinterlands then SignUp Here

I have plenty of other cards for rent! Just go on peakmonsters and check out the market place and if you are curious what I offer here is a link:

mawit07 rentals

If You have yet to take part in playing this great game called Splinterlands please click on my referral link. It is free but in order to earn real assets such as cards and token you would have to invest in a starter deck or purchase game cards. Join the discord to learn more. Good luck!


THANKS FOR READING! CONTINUE TO PLAY SPLINTERLANDS!




0
0
0.000
9 comments
avatar

!PIZZA
!PGM
!Gif thanks for sharing

Posted using 1UP - Play2Earn & NFTs

0
0
0.000
avatar

Sent 0.1 PGM - 0.1 LVL- 1 STARBITS - 0.01 MOTA - 0.05 DEC tokens to @torran, @mawit07

remaining commands 8

BUY AND STAKE THE PGM TO SEND TOKENS!

  • 10 PGMs in STAKE = 0,1 PGM/LVL/ 1 STARBITS / MOTA 0,01 / 0,05 DEC sent and 1 command available every day
  • 100 PGM in STAKE = 0,1 PGM/LVL/ 1 STARBITS / MOTA 0,01 / 0,05 DEC sent and 3 commands available every day
  • 500 PGM in STAKE = 0,1 PGM/LVL/ 1 STARBITS / MOTA 0,01 / 0,05 DEC sent and RECEIVED and 5 commands available every day
  • 1000 PGM in STAKE = 0,1 PGM/LVL/ and 1 STARBITS/ MOTA 0,01 / 0,05 DEC sent and RECEIVED and 10 commands available every day

image.png
Discord image.png

Support the curation account @ pgm-curator with a delegation 10 HP - 50 HP - 100 HP - 500 HP - 1000 HP

Get potential votes from @ pgm-curator by paying in PGM, here is a guide

I'm a bot, if you want a hand ask @ zottone444


0
0
0.000
avatar
(Edited)

PIZZA! PIZZA!

PIZZA Holders sent $PIZZA tips in this post's comments:
@olympicdragon(1/5) tipped @mawit07 (x1)
torran tipped mawit07 (x1)

You can now send $PIZZA tips in Discord via tip.cc!

0
0
0.000
avatar

Now prices down can buy a lot. gold league you getting 6 DEC. I remember before you can receive up to 20 for a win !

!PIZZA

0
0
0.000
avatar

Around day 2 - 3 of a new season that sounds right with 20 DEC per win. It continues to drop as the season progresses. What I have found is renting out cards are yielding more. !LOL

0
0
0.000
avatar

I have also noticed that prices in the rental market are dropping and I think DEC will drop back towards the soft peg. With the airdrop getting closer to ending, I think there are people who are starting to get out of their positions.

Posted Using LeoFinance Beta

0
0
0.000
avatar

Do you think with the reward changes potentially discouraging or lessening the amount of bots, we'll see a positive impact on ranked DEC rewards?

0
0
0.000