Splinterlands - Rental Market Where It Stands Now?

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There is a little over 1 day left in the season and rentals will be in the uptrend since there are players that need enough collection points to obtain specific season ending league rankings. However even with the uptrend in rentals the prices are not rising at the same rates.

Uptrend in Rentals But Downtrend in Rental Fees

The trend in rental fees is not ideal right now for renters. Over the seasons as Chaos cards continue to sell players have enough opportunities to obtain permanent collection power rather than temporary rentals. On top of that the rank battle earnings have dropped as DEC prices is in a downtrend.

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The down trends in rental prices are real and not anything can really stop it. The amount of players joining has the opportunity now of purchasing cards to build up their collection points permanently. There is still over 6 million Chaos packs still available packs to sell and millions of rewards cards to earn. The demand for rental cards simply not as strong as past seasons.

Proof of Rental Fee Dropping

I personally have experienced the rental fee drop for multiple seasons and can be seen in my season ending review posts. I was at a peak of nearly 90k DEC a season about two months ago and now am lucky to even make 30k DEC a season. A majority of my cards out for rent are alpha and older versions of reward cards. My ROI % average yield for a year based on my collection price has shrunk down to single digits.

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Currently around 9% yield for me on the day before the season is over. This is representing a better day than what I am typically earning for the day. I am now just lucky to even earn 2k DEC in rentals and I have over 700k collection points out for rent. This is equating to about 350 points per DEC.

Conclusions

Near the end of the season I should be adjusting my rental prices to potentially earn a lot more, but I have not. With a lot to juggle I am letting go of the potential DEC I can earn with price adjustments. I do not intent to readjust my prices because I will also have to adjust them after the season ends since new seasons tends to start with less rent. Readjusting rental prices will take hours and multiple days to perform. I prefer to spend my time playing the game rather than playing the rental market prices.

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To look at a perspective of how bad my earnings are the snapshot above shows how many cards currently are renting out in more than 250 collection points per DEC. There are less than 10 cards in circulation that are being rented out at those or more. Over hundreds of other cards are offering at prices much higher than where I have set and be mindful there is still at least another full day before season ends.

Bottom line the potential of rental earnings are not totally lost. I believe from my own experience I believe many other players who have cards out for rent are doing mostly the same thing. That is we reduce the price of rentals and continue to do so in hopes of keeping cards rented while not increasing the prices when the demand near end of season rises. This is proof with the consistent drop in rental price peaks near end of season for the past four seasons.

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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!




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37 comments
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Awsome article!! Thanks.
How did you get the rental price graph?

I would like to see a CP/dec graph over time.

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On the official splinterlands discord, their splinterlands-bot has all sorts of charts stats to review. The one you see here in the post has the command $rental. !LUV !PIZZA !LOL

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Good to see that rentals are increasing in numbers.
I guess we are getting more people then?! This can only be good in the long term.

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I think it is both the increase in players and also the increase amount of cards in circulation. It is good for people on-boarding since cost is less. For long term holders I don't mind seeing my card values drop and earnings in rental drop if the game becomes ever so popular. !LUV !LOL !PIZZA

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!LUV !WINE !PIZZA

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Thanks !WINE !PIZZA !LUV !LOL back

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(Edited)

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pamp it up so i can sell mine off to pay off my loan and put some cash in my pockets :) !1UP30 !PIZZA !PGM

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Sent 0.1 PGM tokens to @dynamicrypto, @mawit07

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You and me before except I won't pay off a loan but I want the cash in my pockets. !LOL !PIZZA !BEER !LUV

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!PIZZA !BEER !WINE !LUV !PGM !LOLZ !Gif wow thanks

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I still haven't found a good strategy for my rentals since the drop in earnings. All I know is I spend too much time managing the cards now for the return. I think I'm going to drop them low at the beginning of the season and then just leave them there until the end. I started changing prices about 4 days ago but it takes way too much time.

!LUV !PIZZA !LOLZ

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!LUV !BEER !WINE

Well, hopefully the last of the cards will sellout and people still join in the game.

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Wise insights as usual. I see the same around my portfolio. I recently made adjustments to enhance rental opportunities, but not sure we'll ever see prices like those leading up to the end of last year.

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Rental system seems to have fallen off and become saturated however I feel like that is going to change with the introduction of land as you'll need to lock up both summoners and monsters.

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Good for renters not so good for rentees.

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This is a nice article man. Where are you getting the rental market data graph btw? Thanks!

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