What will be your strategy for Splinterland's SPS airdrop if you hold 2 million DEC
What will be your strategy for Splinterland's SPS airdrop if you hold 2 million DEC.
Splinterland's team is really rocking with development , they keep surprising with new offering, creating new partnership and keep communicating with their player and keep creating value for the players too. I am completely love this game because I started with $10 starter pack and purchase some more cards from market $20 to $30 (Overall investment of less than $50 on Jan 2019) and now my card value is more than $3000 as I keep accumulating my rewards cards and buying the cards from the DEC earned(In game currency of splinterland's)
Introducing SPS
In their latest announcement Splinterland's team talked about SPS ( Splintershards token) that will be set up as a Decentralized Autonomous Organization or DAO via a series of smart contracts which will be published on the Binance Smart Chain (BSC) platform.
As in words of team , it will be going to be governance token that will be fully governed by community.
Once the smart contracts have been developed and released, users will be able to stake their SPS tokens in the smart contract at which point they can be used for governance voting in the DAO. The Splintershards token will be 100% controlled and governed by the community of token holders, and all aspects of how the token and associated smart contracts function will be able to be changed through a vote of staked SPS holders.
Airdropped SPS is really crucial in initial Governance.
You might be thinking that if Splinterland team is only dropping 13.3% token in airdrop then how airdrop is going to be a crucial in initial governance? Answer lies in timing of all the drops that are getting performed.
If you see at the end of a year , it will be effectively 38% of the total token supply available. Token release schedule can be read at here
How the rewards will look like , comparing Untamed packs vs Lands vs DEC (in Game)
Now question is how to use my 2 million DEC so that I have most stake generated from it. So I have put 3 option for me to how to use DEC so I can get maximum benefit.
2 million DEC will buy 575+575 = 1150 packs i.e equivalent to 690000 points. 2 milllion DEC can fetch 115 plots that might fetch 1150000+100000 =1250000 points. 2 million DEC in game (steem engine/Hive-engine) = 2 million points 2 million DEC in LP = 4 million points
so best choice is look like to have liquid DEC and pool it but this is I am not doing but I used the option that give least airdrop points i.e buying 1150 Untamed packs.
Why Untamed packs?
When I see the current Untamed packs that are available to be sold , then they are just 211K
Airdrop is going to start at July 21st and I assume all the untamed packs will be sold out in splinterland's Market. It will be very easy for me to sell these untamed packs for 2500 ($2.5) DEC each (remember 75 extra I got for purchase of 500 + Nice eligibility stake for card drops)
You can easily how much Beta packs($12) and Alpha packs($41) worth in secondary market.
Ok, I am assuming some little things here but I like to take these risk and let see how it turn's out in July 21st for me. If I turned this 2 million DEC to 2.5 million DEC before July 21, then it will be well paid risk for me.
Note for my affiliates
If you want to play splinterlands then you can join it here
I saw few of the player joined the game using my affiliate link and then stopped playing after few battles. If you have any difficulty in playing game, do not hesitate and join the game discord. It is really helping community and contact me here or on discord, I will definitely delegate you some card and review your game for your better game experience.
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