The recent months of cards buying and selling has tapper off and in turn has lead to less income for SPL Trader.
The liquidity pool yield is now under 20% which is some of the lowest stats I seen in months. On average having staked over 1 million DEC I am earning around 400 DEC per a day. The amount may not amount to much but considering I do not have to do anything to earn that yield I will take it. On the other hand if the down trend continues the staked DEC may further limit how much I can earn per a day.
There are days where the trading revenue is near zero which is skewing the overall results but overall there are plenty of days where there simply is not much trading.
Base on Splintercards data its less than 0.25% of market cap of card market being traded in the past 24 hours. Looking at this stat it leaves a lot to be desire when it comes to demand for Splinterlands.
Although reading Peakmonsters data it appears there is a decent amount of buying but it is on the new cards rather than legacy cards. This may not bold well for long term hold as lack of liquidity leads to lower prices.
I will end the post on a positive note. After having played mainly in Foundation mode I was fortunate to pull a legendary reward today.
In less than one full season and being only able to pretty much earn 1 pull reward a day it is amazing that somehow I came out with a legendary.
Until next time thanks for reading!!!
If you want to play splinterlands then SignUp Here
I have plenty of other cards for rent! Just go on peakmonsters and check out the market place and if you are curious what I offer here is a link:
If You have yet to take part in playing this great game called Splinterlands please click on my referral link. It is free but in order to earn real assets such as cards and token you would have to invest in a starter deck or purchase game cards. Join the discord to learn more. Good luck!
THANKS FOR READING! CONTINUE TO PLAY SPLINTERLANDS!
