$SPS needs to chill. But who am I to complain? 🤷‍♂️

How do I tell #Splinterlands people that I need them to stop pumping $SPS 🤩? There’s a little problem. The price increase🥵 is reducing the amount of SPS we can send to the DAO and take out of circulation. 😌🚀🚀

91C1E2EE-50FD-41B8-BA84-DE21B0274D76.jpeg

At $0.59(previous price), it will take the sale of 1.5million Riftwatchers packs to remove 126,000,000 SPS out of circulation. At present prices we can only remove 100,500,000 SPS out of circulation. While we want our bags to pump, we also want a lot of SPS sent to the DAO.

This is such a nice problem to have 😂. Pump my bags anon. But not too much.

But on a more serious note, personally I’m in favor of building a robust Splinterlands DAO, besides massively reducing the amount of $SPS in circulation, it also arms the entire ecosystem with resources to fund and employ newer tactics that will further bring more value to the entire ecosystem.

Imagine having 400,000,000 SPS in the Splinterlands DAO, SPS at $0.5 means that’s $200,000,000 worth of fund that is controlled by the community, the more the price of SPS increases, the richer the DAO gets and the more opportunities are opened up.

However, no matter how sweet it looks to the eyes, the market is here to play it out and there’s nothing anyone can do about it. If you’ve been accumulating SPS, you’re good as numbers go up, if numbers don’t go up, then more SPS gets sent to the DAO and eventually numbers will go up, a win win.

Let’s see how this goes.

38D6D18B-5379-4FDB-80A4-D4C3A972C636.jpeg

Riftwatchers pre sale goes live in 3 days drum rolls!

Posted Using LeoFinance Beta



0
0
0.000
9 comments
avatar

Either way you put it SPS is way under valued still. Anything under $0.25 and I'm not letting it go to be honest. There's little reason for it to be at $0.05 to $0.07 and only going to become harder and harder to get your hands on.

Posted Using LeoFinance Beta

0
0
0.000
avatar

The tokenomics around SPS is very interesting. In the last bull run we saw Axie’s AXS token reach $100, when it was just a token with little to no usecases. I wonder what will happen to the price of Sps in a proper bull run

Posted Using LeoFinance Beta

0
0
0.000
avatar

So true if splinterlands SPS started to get the same values of AXS it would be CRAZY! Hive blockchain would also need to grow a healthy amount.

0
0
0.000
avatar

Splinterlands players bought Voucher Licenses like crazy. I'm not sure if we can manage to buy before the next tier :I

0
0
0.000
avatar

I sold many vouchers for cheap. I want to cry. But I’m happy I still saved a lot, enough to get me 50 packs of rift watchers 🤩

Posted Using LeoFinance Beta

0
0
0.000