Vouchers already over $20!

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(Edited)

I was having a look at hive Engine, and the voucher price has already spiked up to over $20.

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This is incredible, the new packs will essentially cost $4USD and $20USD voucher.

What will a gold promo card cost.

You will need to purchase 1000 packs to get a guaranteed gold promo. So that means you need to spend $24,000 to get a gold promo card! phenomenal!

Will the price go down?

It's anybody's guess if the price will go down or not, and splinterlands may have a challenge on their hands, on how to retain the value, of the cards etc, when vouchers are not required... so watch this space I expect them to consider using vouchers for much longer.

SPS price

Given that 140 staked SPS will generate 1 voucher. at a price of $0.90, and a voucher price of $20, this means that the return is 15% per month, which is almost 200% APR

Will the SPS rise to reduce the yield? who knows.. its exciting to watch this play out.

I'll post a longer analysis, once more data is available..in the meantime happy voucher hunting!

hive-13323 splinterlands spt voucher chaos leofinance
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5 comments
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Splinterlands makes it easy to earn on a daily .

!PIZZA

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(Edited)

I'm really disappointed by the current price of the vouchers since I was hoping that it would be a lot cheaper than $20. I guess I'll just wait for to see if the price would go down.

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$20? That's disappointing and expensive, feels like it might go up from here. I was hoping to buy a few.

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20$ does seem a little bit outrageous for an extension with 10x more packs than the previous one. But it will settle down slowly.
Nevertheless, I admire Splinterlands in the way they handle tokenomics. I do not know a project that manage to develop its tokenomics for so long with no big dip.

Crazy 😜

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