Two aspects of Splinterlands economy: My thoughts on DEC and SPS

The world of Splinterlands is quite interesting, isn't it? And in the economy that works behind this fun game, DEC and SPS – these two tokens are actually the main players. Honestly, when I look at their market as an ordinary gamer or crypto enthusiast, it feels like two different stories are going on. Let's talk about some things that I have seen with my own eyes.

DEC: Your daily companion on the playground

DEC, which stands for Dark Energy Crystals, is the real working currency of Splinterlands, which we call in-game currency. The thing is, when you play the game and win, you get it as a reward. Or suppose you have some cards that are no longer useful – you can sell them, but fill your pocket with DEC. And what can you do with this DEC? Simply put, you can go to the game store and buy whatever you need. One thing is clear from the screenshot: DEC has a huge total supply, about 9 trillion! Of which about 4.91 trillion is currently circulating in the market. @steemmonsters, meaning game creators, are the main force behind it.

When I look at the DEC market on Hive Engine DEX, one thing is very noticeable. Its price is now hovering around 0.0074 compared to HIVE. However, it has decreased very slightly in the last 24 hours, only 0.46%, which is 0.0000034 HIVE. This is not a big change, so there is nothing to worry about. Looking at the list of buys and sells that can be seen in the screenshots, I am sure that DEC is trading quite well in the market. Looking at the candlestick and depth charts, I see that there is a buying interest between 0.00743 and 0.00746 HIVE, and a selling interest between 0.00746 and 0.007520 HIVE. This is a normal market picture, where there is a balance of support and resistance at a certain price.

SPS: The driver of the future of the game, in my opinion

Now let's talk about SPS, which means Splintershards. It is not just a currency; it is the governance token of the Splinterlands ecosystem. This means that those who hold SPS, like me, have a say in the future of the game and have voting rights. We can give our opinions on which direction the game should go, what changes need to be made - these are important issues. Where DEC is for everyday use, SPS is a symbol of long-term decisions and stability in the game. It is natural for its price to be a little higher than DEC, because its importance is different.

I was really surprised to see the market for SPS. I saw its last price at 0.09500 HIVE. Yes, the price has dropped by 1.01% in the last 24 hours, or 0.00100 HIVE. But look at its trading volume! Around 18,798,67,36,139. ​​This tells me how much people are interested in this token.

Speaking of SPS charts, I saw something amazing at the end of December. The price suddenly went from 0.06 HIVE to around 0.10 HIVE! I think maybe there was a big announcement from the game or an update that made people more interested in it. Looking at the volume charts (SWAP HIVE and SPS), I realized that there is a lot of SPS trading every day, which is a very positive thing for the market. The depth chart also shows strong buy and sell orders for SPS, which is helping to maintain the liquidity of the token.

My final thoughts

I think DEC and SPS – both are very important to Splinterlands, but they play different roles. DEC is what powers our daily gaming experience, while SPS is what guides the future direction of the game. Both tokens move at their own pace, and the market is very active, which is good news for the Splinterlands community. My advice is that anyone involved in the game should keep a close eye on the market for these two tokens.