Players and investors of Splinterlands is getting set for what is a big change in battle rewards. No longer are players going to earn DEC in battles but SPS starting tomorrow. The adjustment in SPS rewards will happen throughout the week if necessary but bottom line expectation is DEC is no longer rewarded in battles.
My Opinion On SPS
SPS used as a reward was promised around the time I remember the beginning of SPS daily airdrops started. There has not been a lot more with actual updates but now we are seeing it's implementation.
There has been a steady decline in price for SPS and it has dropped significantly from its initial release. From peak to through SPS price has drop around 90% and we are closer to its low. It remains to be seen if this is a bottom but the decline relative from peak has not accelerated.
The max supply of SPS ever will be at 3 billion meanwhile the DEC had been printing continuously without a cap. Now with only SPS earned in battles it will likely mean a decrease in DEC. However worth mentioning the distribution of SPS is schedule for five years therefore the 3 billion mark will take some time to reach. (Hive on its own after the fork has only been in existence for around 2.5 years to date. The game Splinterlands was launched in 2018.) Just by those Hive and Splitnerlands release dates one can see there is a long runway ahead for SPS distribution.
DEC or SPS
As mentioned without DEC distribution in rewards now there will be less DEC in circulation. The only direct methods of burning DEC is investing it in guild upgrades or purchases of booster packs, potions, and skins. Beyond that there is currently two ways of earning DEC. First is to rent out cards through peakmonsters and second is to partake in liquidity pools to yield daily rewards.
Just with the limited opportunities of earning DEC I have decided to invest fully in SPS. Comparably SPS one can stake it to earn more, provide it as asset in liquidity pool. Or better yet earn it through rewards battles. In time there will be updated mechanics for users to trade SPS into DEC making it pretty flexible in regards to liquidity.
Conclusions
There are more ways to now earn when it comes to playing Splinterlands. Users can invest directly to tokens like SPS and DEC and apply staking or partaking in liquidity pools. Since the past year or more the rewards of DEC for players has been working well for the game. Now with the adjustment to SPS I think the same results will occur. Whether you want to play to earn or invest to earn passive income the game can do both very well.
I spoke my opinion that I go with investing more in SPS than DEC based on the factors that one can have more opportunities to earn SPS. With the max cap supply of SPS held at 3 billion while it remains to be seen the max cap for DEC. A limited supply and a may options to earning more SPS looks like a great long term holder for those who believe in Splinterlands and its future success.
Until next time thanks for reading!!!
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