Treating Splinterlands Rentals like a Job, for a day!

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It's not great from a rentee's perspective but I cancel all of my rentals which aren't yielding me a certain percentage return around 2 days before the End of Season.

I do this to be able to relist on the final day to take advantage of the increased demand pushing up the rental prices.

It's pretty basic really.

My 'base return' at which I leave cards on varies from season to season, it depends how HOT the rental market is, and this season it's sizzling so I cancelled any rental below a 200% return.

Screenshot 2021-10-14 at 08.16.47.png
Before unlisting most of the cards. NB this is pretty decent, I had upped the prices of many cards over the previous few days, my average mid season rental has been around 10k DEC a day.

In retrospect I was a bit too enthusiastic using 200% as my base return, as I've ended up putting some back on for 100 odd percent, but MOST are going on for >200%, setting at the lowest current rental price.

Whether they rent or not in the next day is another matter, it's something I'll have to keep an eye on for sure.

When you've got several hundred cards rented out this means you have to treat this like a job for a day.....

Firstly, unlisting that many cards takes about 15-20 minutes - you have to check all the boxes and keep an eye out for any that have already been cancelled - indicated by a little exclamation mark next to the listing - if you include just one of those in your selection, you can't mass-unlist anything (quite annoying that!).

Then it's a matter of checking back every hour, which is worth it at EOS, because the cards become available gradually - some have a few minutes left to run on the rental, others several hours....

And then when you're re-listing you can do this in bulk and just check 'set lowest rental' thanks to the fantastic Peak Monsters tools, but you have to check some of the cards individually, but you have to manually change them as some cards are rented out for way lower than they 'should be' (probably whales settling for a lower return).

It's also worth factoring in CP cost when renting out, a great tip from @tarazkp - players use this to try and get up to the next league at EOS.

Screenshot 2021-10-14 at 08.39.26.png
Most cards are lowest-listing at > 150%.

AND THEN....

You also have to go back and check your newly listed cards to make sure some tosser hasn't sniped under you. At these EOS insane prices, it's generally best to always best to try and be the lowest offer - i.e say 78 DEC rather than being set at 79 DEC a day!

All of this means I spend the last day of the season constantly back and forth tweaking the rentals, and it takes SEVERAL HOURS over the course of that day, but it's worth it I think....

In the last day of the season, many cards rent out for double what they usually would, and given that I typically bring in 10K DEC a day mid-season, I can up that to 20K DEC a day at EOS, just by checking a few boxes and monitoring.

At current prices, with DEC at nearly $15 per 10000, that's $150 a day for 'working' the Splinterlands rentals at EOS.

And let's call it 5 hours work in total, it doesn't take that long, but you know how it is - when you're flicking back and forth on Hive dapps you get sucked into other things, like Discord.

So that's $30 an hour - and let's face it, this is 'work' in the most slackest and loosest sense of the word!

Who knows whether the work will pay off though, I'll let you know tomo!



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7 comments
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It is always interesting to see what comes of it and it depends a lot on market timing. Too early and the values are low, too late and they might not rent.

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(Edited)

First world problems!

Between this and when to sell SPS I'm gonna have a nervous breakdown!

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So that's $30 an hour - and let's face it, this is 'work' in the most slackest and loosest sense of the word!

I'd argue that its work that is WORK.
I'd rather a hard day of labour (alright maybe not a hard day of labour day but a day).

SO MUCH CLICKING but as you noted, its worth it. I haven't even started to optimize my Rentals yet but I been getting around 1,500-3,000 at the start of a season. That is a small amount compared to my nearly 35,000 DEC at the EOS (*$500 USD). I even forgot to relist some cards and had an abundance listed at too high prices. Not getting rentals on two GFL stung a little but its all a learning experience.

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Pretty similar to mine - the cards you hold varies a lot - I find mine ranges from 8K deck to 30K at the end.

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Yeah, my card levels are all over the place. Early on I seen the value in holding level one cards vs. leveled cards so kept as many at level one as possible and only levled what I needed to get to champion league. Too bad I didn't see the forsight to max a set on top of them but live and learn.

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