The SPS bleeding will stop when sps is pegged to a usd value: If the peg value is 0.01 and sps is half of the peg price (0.005) all sps drops exept staking will go down by 50%, if for example SPS is at 0.008 and the peg is at 0.01 SPS drops should only go down by 20% and so on. Make SPS a option to rent cards. While sps price is below the peg by more than 5%, renting with SPS gives you a discount. Guilds SPS distribution should slow down also while SPS is below sps/usd peg The peg value should increase over time to encourage growth.
the problem with being millionaire in SPL is that the assets that you own are not liquid. Yes sure, the cards are valued at thousand dollars, but you cannot sell them into fiat. There are no buyers.
You can buy 5 dollar packs of cards always with 5000 dec no mater the price so peg is backed by products in the game but then to get the coin you have to use the flywheel
![Max Bear Trap Damage [tips and tricks] Whiteout Survival Guide](http://i.ytimg.com/vi/z8MBNe3Q5-w/mqdefault.jpg)
You're not a mini personality. You're an OG and a staple. Love you Steve
Thanks for taking the time to share great content Steve. The future of Splinterlands looks bright with Matt at the helm.
that's a great point about the security structure of the HIVE wallet
Thanks man for all the hard work. ❤
your definitely an OG! wish I learned about the game sooner
thanks for sharing your journey! was very interesting
The SPS bleeding will stop when sps is pegged to a usd value:
If the peg value is 0.01 and sps is half of the peg price (0.005) all sps drops exept staking will go down by 50%, if for example SPS is at 0.008 and the peg is at 0.01 SPS drops should only go down by 20% and so on.
Make SPS a option to rent cards.
While sps price is below the peg by more than 5%, renting with SPS gives you a discount.
Guilds SPS distribution should slow down also while SPS is below sps/usd peg The peg value should increase over time to encourage growth.
Glad to see you still going Steve. Hope all is well for you 😁
Can you do a video on navigating apps like splinter talk and peak d. Creating post and uploading videos perhaps?
the problem with being millionaire in SPL is that the assets that you own are not liquid. Yes sure, the cards are valued at thousand dollars, but you cannot sell them into fiat. There are no buyers.
ya right now no but if SPS keeps going up there might be some that will buy the cards.
Share your journey
99% of players: rekt 😂
well ya I am down but up cause I got in so early just made money not super rich
Not a product backed stablecoin flywheel ecosystem
You can buy 5 dollar packs of cards always with 5000 dec no mater the price so peg is backed by products in the game but then to get the coin you have to use the flywheel