$8000 Splinterfunds 2nd Month Review
Another month has passed and now we are already almost half way into March. It is time for another review for the Splinterfund pool that I am currently managing.
Background Info:
Been playing Splinterlands since 2021 Jul and after understanding the economic of Splinterlands, I highly belief that profit could be made from the ecosystem. As a result, I decided to raise money from a small group of people for a total $8000 USD. I would like to thanks Bro Raymond for his brofi idea that inspire me to start this pool fund.
Updates:
I have continue to claim the daily SPS airdrop to stake. I also daily restake the SPS gained from the staking. After about 2 months of efforts, the fund has grew to 3280 SPS being staked. At the current price of $0.119/SPS, the SPS gained is worth about $391.
One aspect of this Splinterfund that we need to look at is vouchers. Right now, due to the increased in SPS staked, the daily amount of airdrop vouchers had increased from last month 0.1voucher/day to now 0.2voucher/day.
I would also like to highlight that the Splinterfund still owe 63 vouchers. The monthly interest of 1.5% had grew the number of vouchers being owned from 61 to 63 within 2 months, roughly about an additional voucher compounded per month. However, with now 0.2vouchers/day, you can see that it only take 5 days to offset the interest. Also you can expect the daily airdrop vouchers will continue to grow as I will still continue to stake more and more SPS every day.
Fund Value
With Chao packs worth $3.13 each on secondary market and vouchers worth $1.13,
Item | Quantity | Unit Price | Value |
---|---|---|---|
Chao Packs | 2400 | $3.13 | $7512 |
Vouchers | 6 | $1.13 | $6.78 |
SPS | 3280 | $0.119 | $391 |
Total Value = $7909.78 (excluding the 63 owned vouchers)
Overall, I am still very impressed that the chao pack value is still holding so well and that makes the current splinterfund to perform reasonably close to the original fund amount.
Looking forward
Currently, the progression to the next airdrop is already close to 80% completed!!! That means soon we will be getting the next airdrop!
And this time is actually quite a gd dragon airdrop.
Let's welcome Carnage Titan where it has the highly seeked after skill: Double strike. It is definitely a very very good 2nd position tanker for the team. You can get like one Titan for every 525 packs. That means this Splinterfund can expect to get around 4 cards.
And recently, the AMA said that the last 6 airdrops(after Titan) will be LEGENDARY SUMMONERS!!! This will be insane and people will be fighting crazily over all these legendary summoners.
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Wow I was about to ask you how this fund is doing! Nice update!
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6 CHAOS legendary Summoners.. I feel they are going to be extremely powerful.
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The 6 legendary summoners have to be powerful!! So far all the legendary summoners have been veyr promising.
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Thanks for sharing! - @marianaemilia
Nice report! Keep up with the good work