What is the real reason to keep SPS as a reward in battle and not DEC? SPLINTERLANDS

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(Edited)

The first Splinterlands reward token was the Dark Energy Cristals (DEC) which was eventually "traded" for the current Splintershards (SPS) where it was initially rewarded in an Airdrop for those who contained DEC in their wallet or pools, titles on cards taking into consideration their collecting power as well as rarity, plus of course those who simply purchased the token at launch and held it locked up received a nice bonus in SPS for doing so, but according to the Splinterlands development team if the DEC token needed to be exchanged since it was only developed to be supposedly paired to the dollar in a quantity of 1000 DEC equaling $1. 00 dollar why then we get the opportunity to purchase the credits that could not be traded or withdrawn from the platform in the form of a refund since they were equivalent to the price of the dollar, this makes no sense and it seems to me that the release of it served only to have more attractive to purchase with SPS or the old DEC token was not safe enough to become the main token of a game that is growing strongly in the gaming community involving cryptocurrencies.


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About the DEC token (Dark Energy Cristals

DEC is used in-game as the primary currency for buying and selling digital cards and other in-game items through secondary platforms such as PeakMonsters, players could earn DEC by winning battles and completing in-game missions, and can also buy DEC on various cryptocurrency exchanges. DEC could also be wagered in-game, meaning players could lock up their tokens to earn rewards and help protect the network, overall DEC played a vital role in the Splinterlands game ecosystem and was a valuable asset for players who wanted to compete at a high level or earn rewards for their gameplay.

The highest token value recorded on Coinmarketcap were give exact $0.13 on August 15, 2021.
The lowest recorded value was on September 05, 2020.
Compared to its highest acquired price, there has been a 99.44% loss of its value to date.

I don't think they really wanted to give up on the DEC token, it's no wonder that now we have received the news of the launch of the DEC-B that also can't be traded off the platform (suspicious no?), I hope they don't decide to bury the token once and for all by leaving it at a more than negative price just to exchange it for this DEC-B that particularly only serves to replace the old credit system and burn the remaining DEC.

About the SPS token (Splintershards)

SPS has arrived to replace the DEC token is the native token of the Splinterlands game. SPS is used to govern and manage various aspects of the game, such as setting rates, implementing new features, and distributing rewards.
Players can earn SPS by wagering their DEC or participating in various governance activities, such as voting on proposals or suggesting changes to the game. SPS holders have voting rights and can propose changes to the game ecosystem. SPS can also be traded on various cryptocurrency exchanges, and their value can be affected by various factors, such as the popularity of the game, player involvement, and general market conditions.

The highest token value recorded on Coinmarketcap were give exact $1.27 on July 28, 2021.
The lowest recorded value was January 02, 2023 = $0.02
Compared to its highest purchased price, there has been a loss of 97.88% of its value to date.

The current main token of the game that came with the new features of participation pools in addition to rewards from battles through stacking mode, I no longer see Splinterlands as an investment for new players for the lack of "gateway", like any investor you want to receive some kind of return on your investment, with the development team simply forcing you to hold your earnings on the platform it becomes more of a banking scheme where you earn passive income by leaving your money for a few months, that of course the yield of this money stopped is less than if it was applied in assets on the market.

I am a little removed from the battles of Splinterlands, so little I can finish my ECR in 75%, that when in fact I play two or three times a week and do not get more than a few season chests, but, follow much of the content of the community @Splinterlands and in fact the gain of cards has already stopped being profitable with the recent idea of locking them until the end of their printing, the gain of SPS is not acceptable compared to the expense established with rents and something like that.


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Possible solution for both to be used individually?

Maybe the bad use of both tokens is that we can use them in the same way to interact within the game, as an example we have tournament events that can be paid in both SPS and DEC, instead of creating another token supposed DEC-B we could reuse the original DEC that way:

  • Back as a battle reward mode and not the current SPS system.
  • Quest chests and season endings reward in SPS and not in CED.
  • The CED to be bought / or / sold only with the SPS token, thus creating a demand for exchange.
  • Take away the liquidity that rewards in CED, making it restricted to only winning battles.

I'm no economics expert or anything, but it's the balance between playing vs. investing that makes Play2Earn so attractive and functional in this cryptocurrency world.

Asset Prices in Splinterlands

1000 DEC1 SPS1 VOUCHER
$0.741$0.027$0.093


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Obrigado por promover a comunidade Hive-BR em suas postagens.

Vamos seguir fortalecendo a Hive

Metade das recompensas dessa resposta serão destinadas ao autor do post.
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yes I believe the value of both will go up

I have kept sps in stake and only use dec to rent cards

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