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Splinterlands: Removing DEC rewards will actually give more value to SPS. by r1s2g3

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hive-167922 · @r1s2g3 · (edited)
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Splinterlands: Removing DEC rewards will actually give more value to SPS.
## Splinterlands: Removing DEC rewards will actually give more value to SPS.


Frankly speaking, I did not liked the idea of removing the DEC rewards for the players when SPS rewards will be started for the players. Actually when SPS whitepaper launched it did not mentioned that DEC rewards will be removed for the players and so it was fair assumption that players are supposed to get both SPS and DEC as Play2Earn rewards.

![image.png](https://files.peakd.com/file/peakd-hive/r1s2g3/23u5vnWQcBGBsXeteBDQMAfp2k9gSbQEGXPVKPxdJ1paD3QoTUmohKLsdD4K4kF1KFmuS.png)

Anyways it is now decided by team that when SPS rewards will kick , then DEC rewards will be removed so let think if removing DEC rewards will help SPS in long run or not.

Few users have worry that continued SPS airdrop will really kill the SPS price and I also share that concern but consoling point is that in current airdrop , 33.33 million SPS was getting airdropped every month while play 2 earn will add less SPS per month i.e 7.5 million SPS per month.

Since DEC will not be minted but so many of the functionalities like Guild upgrades will still require DEC so I assume that SPS will be burned to get the DEC.
In current scenario , players are using DEC for the purchase from SPlinterlnd's site but if DEC is no longer available the SPS will be used to purchase the items from game site effective removing sell pressure from SPS and it will be definitely increased the SPS value.

One of the benefit of increased SPS supply along with increased price will be the the increase marketcap that can really help Splinterlands to climb rank in Play2Earn segment.


![image.png](https://files.peakd.com/file/peakd-hive/r1s2g3/23t74bf99i3eADLRCkkH89Bm8f3VwkFs2reovuWk3VhTcL4Gw8gusxpnJ6iWJXYdbhLAF.png)

[Source](https://www.coingecko.com/en/categories/play-to-earn)

I see increased SPS price is a good benefit but I see a serious drawback also. If player start using SPS for game purchase then team itself sit on the pile of SPS and a governance token in which Development team start might having major stake instead of community will not be good sign.

I just hope team will not exercise voting right from their SPS stake as it really going to derail the governance , the primary purpose for which token was created.



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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](https://discord.com/invite/CAFJRjY). It is really helping community and contact me here or on discord, I will definitely  review your game for your better game experience.

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@r1s2g3 ·
RE: RE: Splinterlands: Removing DEC rewards will actually give more value to SPS.
Thanks B0s

!PGM
!CTP

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vote details (1)
@jfang003 ·
RE: Splinterlands: Removing DEC rewards will actually give more value to SPS.
I think removing DEC rewards will help DEC price but it will also move the selling pressure into SPS. So I am unsure whether or not it will climb given how people need DEC for things like rentals.

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vote details (1)
@r1s2g3 ·
RE: RE: Splinterlands: Removing DEC rewards will actually give more value to SPS.
Actually most of SPS is going to end with SL team and I do not think SL team will sell it,
Again guild functionality still need DEC that will be obtained by burning SPS. It will improve both SPS and DEC prize.

!CTP

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@joetunex ·
RE: Splinterlands: Removing DEC rewards will actually give more value to SPS.
Am hoping updates on DEC in the future might give us positives as to why SPS is replacing DEC, as of now I just can't put together the logic behind it, though I have always trust the Splinterlands team for good decision making. 

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vote details (1)
@r1s2g3 ·
RE: RE: Splinterlands: Removing DEC rewards will actually give more value to SPS.
Only thing I can understand that they are trying to stabilize SPS price. Players are supposed to get both DEC and SPS as rewards , but if DEC get out of equation they players will use SPS  for funding their rentals and purchases.
Guild update still require DEC so SPS will be burned to get DEC.

I will only suggest you to hold tight your DEC and SPS.

!PGM
!CTP

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@steemmonsters · 
**Thanks for sharing! - @alokkumar121**
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@stefano.massari · 
I was expecting that. Even though it was not written I expected that DECs would leave room for SPS tokens. Reading your post it certainly seems that the future of Splinterlands is more and more toward using the SPS token instead of the DEC.

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@r1s2g3 ·
$0.59
RE: RE: Splinterlands: Removing DEC rewards will actually give more value to SPS.
I guess SPS make more sense as it sold to Private investor also and it's price is not pegged at all , more it go u, more it shows SL as market leader.

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