SPS Promo Card: Added Usecase & Reward for Staking SPS
Freedom is a fundamental human right and we can say that freedom to lend a voice on governance is priceless especially in an age where democracy is popular. Hive blockchain, though a virtual world prides itself in the toll of blockchains as a leader on true decentralization and DAO governance in it's main and auxiliary layers. Today, several communities building their unique products on hive are also practicing DAO at layer 1 and 2 giving each community member the right of participation in decision making.
Multiple Usecases for Splintershards (SPS)
The Splinterlands community is one of such with a robust DAO governance powered by the Splintershards (SPS) token. Today, SPS has become a key asset in the Splinterlands ecosystem covering battle, sports game genres as well as others that would be unveiled in the future.
SPS does not just serve as a governance token, it is also a reward token for airdrops, DeFi token and gameplay rewards (GameFi token). On daily basis, more usecases are added to the SPS token thereby building it's potentials for tbr future in value and demand.
Staking is Better!
SPS can be held as liquid in wallet for arbitrage profits, staked in hive engine for DeFi participation, staked in the SPS engine for staking rewards and can be staked in-game for participation in DAO governance voting. Of those various functions, it is obvious that staking SPS is better with more benefits.
Weeks ago, a community-initiated proposal system was created allowing users/players to create a proposal to make certain adjustments in the game and vote same for game team's action. The first SPS governance community proposal which sought for the design and distribution of reward card for players staking SPS was passed.
The passed proposal mandated the Splinterlands team to design such card today, the first Staked SPS Promo card was unveiled. Incredible! This is another big win for the Splinterlands game which points to sustainability and will sure draw more players and investors to the game and the hive blockchain in general.
Behold the Staked SPS Promo Card!
The first Staked SPS Promo card known as VRUZ is not your regular. It is a unique card design with just 2 manna but with amazing stats that would be interesting in battles. The card can only be purchased by Splinterlands players who stake SPS in the game.
Sale of VRUZ is scheduled to begin on Tuesday, March 21st, 2023 after a snapshot of the amount of staked SPS held in each account at that time is taken. According to the announcement, each player will have the option to purchase one 1 BCX Vruz card for each 1000 staked SPS they have in their account at the time of the snapshot.
Creating an added Usecase for VOUCHER token
The SPS Promo card would be purchased with the VOUCHER token and all of the VOUCHERs pooled from the purchase would be burned. Really an amazing usecase for the VOUCHER token.
Each card purchased will also have a cost of 1 VOUCHER token, which will be burned. A player with 100,943 staked SPS in their account at the time of the snapshot, for example, will be eligible to purchase up to 100 Vruz cards. Each Vruz card purchased will also have a 4% (1 in 25) chance of being a Gold Foil version of the card, and players will be guaranteed to receive at least one Gold Foil version of the card for each 25 cards that are purchased in a single transaction. source
Stake More SPS, Own more VRUZ
I am happy about the development and decided to stake some more SPS token to level up my total stake ahead of the account screenshot. My 2023 goal for Staked SPS was 5k, but this development would have me exceed that goal because more of this similar adventures would happen.
That brings my total SPS stake to 3,000. That would qualify me to purchase 3 VRUZ card.
Three VRUZ won't be Enough for me
Promo cards on Splinterlands are special cards and are full of potentials since they are only minted for a purpose and for a short time. VRUZ would be purchasable in the market for just 7 days after which, one may not have the opportunity to buy that particular card again. That pitches it for scarcity.
I think that 3 VRUZ wouldn't be enough for me and it's sweeter to earn and not buy it in the market. This would create some more demand for SPS. Not just for me, I'm certain many players would have to level up their SPS stake to be able to get more VRUZ card.
It's exciting this added reward for staked SPS. I see a new demand curve for the SPS token emerge and this would bring us closer to a bullish SPS.
How do you feel about the Staked SPS Promo card?
You want to learn more about Splinterlands, SplinterGlossary is a hot reference center for you.
Splinterlands game is termed the "next generation of collectible card games" in which allows players to collect, trade, and battle with provably scarce digital collectibles with real-world value. Battles on Splinterlands Unlike most trading card games, are fast and furious, and are usually completed within few minutes. The Splinterlands gameplay is simple and easy to learn viz: reviewing combat rules, making and submitting of the team and watching the battle unfold.
If you found the article interesting or helpful, please hit the upvote button, share for visibility to other hive friends to see. More importantly, drop a comment beneath. Thank you!
Posted Using LeoFinance Beta
!1UP Good work!
Thank you for the curation.
Posted Using LeoFinance Beta
You have received a 1UP from @underlock!
@monster-curator, @oneup-curator, @leo-curator, @ctp-curator, @thg-curator, @vyb-curator, @pob-curator, @cent-curator, @fun-curator
And they will bring !PIZZA 🍕.
Learn more about our delegation service to earn daily rewards. Join the Cartel on Discord.
Posted Using LeoFinance Beta
PIZZA Holders sent $PIZZA tips in this post's comments:
@curation-cartel(3/20) tipped @uyobong (x1)
Please vote for pizza.witness!
The rewards earned on this comment will go directly to the people( @uyobong ) sharing the post on Twitter as long as they are registered with @poshtoken. Sign up at https://hiveposh.com.
Congratulations @uyobong! You have completed the following achievement on the Hive blockchain And have been rewarded with New badge(s)
Your next target is to reach 50000 upvotes.
You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word
To support your work, I also upvoted your post!
Check out our last posts:
Support the HiveBuzz project. Vote for our proposal!
Do you know you can win a Chaos Legion pack and many other things just by following some simple steps ?? Check out our Latest Daily Showcase and Participate our latest Giveaway. Thanks
Thanks for sharing! - @mango-juice