Splinterlands: My Experience with Splex.gg After a Month
I learned about the auto-rental services for Splinterlands more than a month ago, but it took me a while to decide to give them a try.
There are basically two of them more widespread.
One is SplinterRentals, which is a discord-based bot that takes a 5% fee. I haven't tried this one, although it would be interesting to know a performance comparison between them, besides the fee and the level of convenience we prefer.
The other one is Splex.gg, it has a web interface and takes a 10% fee (it has loyalty tiers which can reduce the fee, for those earning impressive amounts of DEC/day). That's what I have been using and what I'll describe going forward.
First, which were the reasons why I was reluctant to use it at first:
- I managed my rentals quite actively, sometimes more than once per day, and in this case, they didn't promise any significant improvement in performance (on their website)
- it was inconvenient for me to find spare Hive Power to delegate to the account(s) used for auto-renting (I don't usually have 'free' HP, and to 'free' it up, it meant I needed to power up more HIVE or to undelegate from somewhere else and wait for it to return)
The second point was also the reason why this was a slow process. I've created multiple accounts to keep my rentals separated by different criteria (after this one-month experience I would probably shift them around a bit, but I'm waiting for RC delegation before I make any other changes).
The easiest way to manage rentals is to have them all in one account, which is also the management account you set up with them on discord.
The management account is the one from which you add or remove any additional accounts, and it's the default account to pay fees from (you can enter a different account when you pay fees).
Rental revenue/fees reports are daily on discord (as DMs) and they can be found in the Invoices section of the website too.
But you can pay whenever you want, at least once every 7 days. I usually pay every 3 days because otherwise, the amounts pile up and I might forget to reserve enough to pay the fees and that might require extra work (for example, swapping some tokens or removing liquidity from a diesel pool).
If you have multiple rental accounts, as I do, there is also the extra work of centralizing the rental revenue (DEC) from all the accounts, usually to the account from where you (I) send them to Hive-Engine to 'pool' them.
So, how is Splex auto-renting service performing for me?
I'd say... great. Although it's pretty hard to make exact comparisons of the type before and after.
That's because moving cards to their auto-management was a process. As I delegated more HP to the accounts and more cards became available from rental contracts, I sent them to the new rental accounts. I still don't have all my rental cards moved over, but that's close enough to have a good idea of the performance of the service.
Without having exact numbers, I believe the results are about 50% better using this service, for me, knowing that I was very actively managing my rentals manually.
Things may be more complicated now since PeakMonsters released the new upgrade because the rental income for manually managed rentals of premium PeakMonsters accounts has improved, most likely. But I don't have a large enough test group still manually rented to compare.
Something else you would need to be aware of when using an auto-renting service like splex.gg.
Say you want to stop renting some cards to combine them or send them to another account. I assume you would terminate their rental contracts from PeakMonsters as I do.
When you are using an auto-renting service, that's not enough. Because the bot will pick them up and rent them out again when they come back from the market.
You need to also disable them in Splex. Like this:
Posted Using LeoFinance Beta
