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RE: The Speculation Game of SPS and Splinterlands

in LeoFinance • 3 years ago

I expect some SPS burn for the 10% discount but I honestly have no idea how much will get burned. This burning should increase the value of the SPS token as more players jump on board and start staking as well as the burn factor reducing the supply.

I didn't know about the burning SPS angle and I think it will be a good deflationary instrument and this alone should boost the price quite a bit. Still, I see that the supply got increased from 220,000,000 to 240,000,000, do you know which is the real Total Max Supply?

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3 years ago in LeoFinance by
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         3 years ago 

        Continues to pump out from various places and some are not even in effect yet.
        Right now we have

        • Airdrop for another 300 days 400million SPS tokens or 13.33% of the supply
          Each month 37,500,000 tokens will be dropped (Reduced by 1% every month)
        • 7.5 Million Ranked battles (not yet added)
        • 7.5 Million Staking rewards per month
        • 7.5 Million Liquidity pool incentives (I think this is CUBs DEC pool but I'm honestly not sure)
        • 6.25 Million Land Expansion (no details on this yet as land isn't used)
        • 3.75 Million Oracle Rewards (used to decentralizes the system and create swaps between exchanges)
        • 2.5 Million Tournament Prizes (I've seen these active as of late and it costs SPS to get in which I think are burned?)
        • 2.5 Million Guild Brawls (I haven't seen this added in yet.)
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