RE: SPS Validator Node Licenses Seem like A Bargain to Me...
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I just look at the APY, but I take your point, what to use as the base line is a tricky one.
The main reason i bought these is scarcity - there's very few of them for quite a lot of SPS, a better ratio than staking the SPS.
Also, if SPS goes up that high then more node licences would sell probably, pushing the price up so I could just offload one.
Ultimately I don't think you can lose with whatever SL assets, just not gain as much!
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I like the point about scarcity in comparison to SPS itself. Overall I think these are a good value no matter what but I think we're going to be able to buy for under 20k SPS at some point so I'm holding out. I really expected SPS to move high enough on the launch to get it around 10k. Maybe I'm dreaming. !LOL
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The problem with SPS is that...
There is an absolute fuck tonne of the stuff!