GLX Reach #3 in GameFi Marketcap | Splinter Stats Ranked Rewards Season 11
Having some dry powder to make trades can be quite a valuable thing. It's hard to predict what life would throw at you. The best course of action to take is having the flexibility to reap the most out of most situations (as long as you never compromise on your principles).
“A perfect plan doesn’t mean having everything go within expectations. A perfect plan is achieved when it has the plasticity needed to flexibly deal with troubles.” – Makishima Shougo
I was expecting DEC to outperform SPS. Therefore I didn't convert all my leftover DEC remaining from Lux Vega purchase. On today I finally settled for a quick swap.
Usually I would shop around for the best prices. It is the smart thing to do for bigger trades. For much smaller numbers as such, the additional gains from extra optimizations is not worth inconvenience.
This was all good enough for me. Paying few cents in SPS for liquidity providers at a negligible slippage is a good deal I am willing to take. The SPS went right back into the game and got powered up resulting in higher SPS earnings + slightly larger GLX Airdrop.
Match Report
Performance
| Stat | #wild |
|---|---|
| Gold Rank | 2198 |
| Rating | 2303 - Gold II |
| Rating High | 2499 |
| Ratio (Win/Loss) | 0.92 (90/98) |
| Longest Streak | 8 |
Although I have trades to talk about, there is not much I can say about the poor performance this Season. I'm already on my way to have vastly superior performance in the current Season.
Rewards Report
Standard Foil Cards
| Rarity | Quantity | 🔥DEC🔥 |
|---|---|---|
| Common | 21 | 105 |
| Rare | 6 | 120 |
| Epic | 1 | 100 |
| Legendary | 0 | 0 |
| Total Standard | 28 | 325 |
Gold Foil Cards
| Rarity | Quantity | 🔥DEC🔥 |
|---|---|---|
| Common | 0 | 0 |
| Rare | 0 | 0 |
| Epic | 0 | 0 |
| Legendary | 0 | 0 |
| Total Gold | 0 | 0 |
Loot Chests
| Reward Chests | Dailies | Season | Total | 💲Token |
|---|---|---|---|---|
| Legendary Potions | 61 | 0 | 61 | 🟡 2440 |
| Alchemy Potions | 30 | 72 | 102 | 🟡 5100 |
| DEC | 0 | 0 | - | 🟣 0 |
| SPS | 23.280 | 21.998 | - | ⭐ 45.278 |
| Merits | 1632 | 160 | - | 🎀 1792 |
| CHAOS Packs | 2 | 0 | 2 | 🟡 8000 |
| Cards (Total) | 21 | 7 | 28 | 🟣 325 |
Captured DEC/SPS (Ranked Rewards)
| Ranked Play Wins | DEC Earned |
|---|---|
| 90 | 🟣 0 + ⭐54.253 |
Total Ranked Play Rewards
| Total Ranked Play Earnings |
|---|
| 🟣 325 DEC |
| 🟡 15540 CREDITS |
| ⭐ 99.531 SPS |
With lesser performance comes lesser Rewards. This is to be expected.
🟣 Rental Report
| Type | DEC |
|---|---|
| Revenue | 25387.092 |
| Expenses (inc. fees) | (931.854) |
| Cancellation Refunds | 0.000 |
| NET | 24455.238 |
Rental income has been a reliable source of passive income over the years. The attempts to make DEC into a product backed stablecoin is helping with the stability.
⭐ SPS Report
| Type | ⭐ Amount Claimed |
|---|---|
| Staking Rewards | 638.984 |
| NET SPS | 650.018 |
| + Voucher Drops | 51.826 🎟️ |
I am invested in cryptocurrency for the long term. I'm less interested in the performance against the dollar compared to the typical day traders and swing traders. I have engaged in both of these types of trading, but later switched my strategy to focus on different things in life.
GLX has set itself to have a bigger marketcap than SPS itself. The best part is comparing the numbers against rest of GameFi:
Happy Gaming! Happy Investing!
Posted using SplinterStats Season Report Card (Website|Blog).
This once a season tool for Splinterlands players provides a template to reflect on and share their performance, card usage statistics and rewards summary for the season. More features will be released in the future.
Follow @splinterstats and come visit us in Discord if you have any questions.
That would be very surprising, but we will see. The cryptocurrency market is often surprising. Currently both of them has a very low price, but the price of the Dark Energy Crystals (DEC) is much lower. The price of the DEC was always very low, but the price of the SPS was around $0.90 USD in the past.
The tokenomics are there to push the price of DEC towards $0.001 while SPS is free to be volatile and go parabolic (up or down). I was expecting SPS to be more volatile and fall more compared to DEC. When the tides of the markets change, SPS will far outperform DEC. I wish we would see a new ATH for SPS. That is only speculation for now.
!PIZZA
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right now is really great to get GLX from our sps stake, i get like 32 at day so it is around 8$ a day. that's really a lot for me!! im happy for that and im using that money to power up
Congratulations! I'm pulling somewhat similar numbers myself.
!PIZZA
I just noticed the SPS APR going up due to the GLX drop so I might just put my new rewards into staking SPS until that changes. In the long term, I expect DEC to also outperform because the prices are quite high due to the high APR. I just wonder whether or not DEC will ever push stably at $0.001 or not. It just doesn't seem like it will because there isn't enough demand for DEC outside of things like Vega.
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I have been happily staking SPS myself. As for DEC, I will be happy to see it in $0.0009 - $0.001 range. If it does go above $0.001 I will be selling it for either Cards or other cryptocurrency like SPS. @splinterlands had the proposal passed to price Blood/Power Stones in DEC. There are use cases popping up although it might not be sufficient to hold the peg in the bear market.
!PIZZA
Thanks for information about Splinterlands and this swap
You are welcome!
!PIZZA