Tranche 1 Node Licenses... I'll be AMAZED if they're not sold out by August!

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I agree with @nealmcsapadden that people are undervaluing nodes.

If yer into SPS it's a no brainer to buy a few of them, given that they'll be churning out SPS and VOUCHER at more than twice the rate of pure SPS staking by August....

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And I think they are going to sell out FAST.

Following the recent announcement that gave clarity to the rewards starting in August they are currently selling at 50 a day.

This is no surprise as there are currently 20K Voucher being dropped every day.

And that's 40 NODES per day if you've got the SPS to match it and there are hundreds of people who have enough DEC and SPS currently earning SPS to buy one or more nodes over the next month or so.

And when that ticker gets to below 1000 I think a little panic might just start setting in, and more so once it gets below 500, and let's just say when it's down to 200 I wouldn't expect to see any left for sale when you wake up the next morning!

I just did a refresh and another 15 have just been sold...

I think there's a little bit of a game of chicken going on as people wait to accumulate both SPS and Voucher, maybe wait on some SPS unstakes..... the return is better keeping your SPS liquid and pooled with DEC compared to just the VOUCHER return, but at some point we all have to pull our triggers!

AND it's probably even worth converting some DEC now for those node licenses given that the remaining 12% or so of the SPS drop isn't that much compared to getting hold of a cheap NODE license in the longer term.

It could well be a rapid sell off once we hit the thousand to go point, I'll certainly be getting a bit anxsty by that point!

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7 comments
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This is good I have alway thought of getting to have nodes at hand because they are so profitable

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I'm even thinking to sell some other SL assets for nodes ... like cards :)

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I literally just bought another one - with SPS at 0.75, then it went down to 0.72 straight after, I count myself lucky.

I haven't sold any cards for ages, but it's maybe not a bad idea. Especially those with the lower returns.

Cards don't have a fixed supply after all, SPS does, and governance rights!

But who knows, cards are still gonna be the backbone of the game - I'm only really interested in golds these days TBH!

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