The price of the main Splinterlands token SPS continues to fall in value. The game is fun but accumulating a token that continues to steadily lose value over time is not ideal.
Although one positive with lower prices is higher APR % yield as of now this is at 8%. Accumulating more tokens is my goal and having a higher APR definitely helps.
Although there are not a lot of high offers for renting staked SPS the offer to ask ratio is still double. This would make it possible for those who wait patiently to potentially be able to yield more, twice as much, if their offers are accepted. Overall better chances of yielding more with staked SPS.
There are consistent opportunities to burn SPS making the overall supply continue to dwindle. For instance burning SPS to reach modern or wild top rankings to earn rewards such as Glint. Overall SPS supply will never exceed 3 billion.
With less than 800 million remaining to be distributed one can only imagine how much harder it will be to get more SPS in the future.
This is how I see it as long term holding SPS have better odds of yielding greater rewards of price appreciation and its abilities to yield more passive income.
Thanks for reading this post!