Changes and updates that could directly impact the Splinterlands economy are being implemented. The latest update included three changes that could have a direct impact. The first and most important is the change to the SPS Rent Market, which will improve the UI and add new tools. Next, there's a new ruleset that could increase demand for wild cards, and finally, greater control by the DAO over in-game earnings.
Furthermore, as more and more users have recently commented on the situation of the DEC (Deposits of Credits), it shows that it should also be analyzed, and one way to do this is by comparing the new changes with tokens from the Splinterlands ecosystem, such as the DEC, which we will see next!
I'll be much appreaciated if you Votes, Reblogs or give any Tips. Thanks and have good reading! 🍀
DEC x Changes in the SPS Rent Market!
One detail that should be analyzed regarding the Splinterlands economy is the DEC. The idea of the Dark Energy Crystal token was to be a type of stablecoin within the Splinterlands ecosystem, operating at a ratio of 1000 DEC = $1. The problem is that for quite some time this 1000:1 ratio has not been maintained, with the token having a 50% discount, and even though the game sells packs accepting the full DEC price, players don't seem interested.
And what's the problem with that? One of the problems is precisely the drop in return that players have in dollar terms because the DEC price is not at parity. The first example is in the Splinterlands SPS rental market, where the price has remained between 0.001 and 0.002 DEC for quite some time. The value doesn't go down further than that because the game doesn't allow it, but it doesn't go up further than that either, and what's the problem with the rental being in that range? It's because players who took the risk of investing their money by buying SPS to rent are receiving the same amount in DEC, but 50% less in dollar terms.
Another example of this situation is card rentals, which had a rental floor implemented at 1 DEC, causing many cards to stop being rented. However, that's not the focus right now; since cards are rented in DEC, card owners are also receiving 50% less in dollar terms, affecting their return.
With this, without a solution for the DEC, several measures such as changes to the SPS rental market, with an improved UI that now shows offers and bids, and enabled automatic expiration after 7 days and auto-renewal of rentals, which are positive for the game's economy, will face this wall that is a 50% reduction in the price of DEC.
Possible Solutions to Improve the Game's Economy!
Among the solutions, one is always mentioned by players: the need to improve marketing and the game itself so that players are more interested in spending DEC on packs, renting more cards and Special Points, and thus restoring parity. Without this, as things stand, the game doesn't have strong enough demand for DEC to return to the 1000:1 parity price.
Now, in the latest update, a rule may end up helping the demand for older cards, which is Outsider. This rule allows summoning a card from the Wild collections to be played, most likely in Modern. This could improve the card market overall, serving as a test for future changes. Imagine perhaps a change to the Modern format allowing some cards to be Wild? This could be detrimental to new collections, but it could stimulate the card market and generate revenue from fees.
In any case, the recent changes have been very positive for the game's economy, and each one is a piece that gradually fits together to make the ecosystem more sustainable and robust. The improvement in Special Players (SPS) rentals could increase player demand; the new modifier that adds a Wild card to Modern could generate renewed demand for older cards; greater control by the DAO (Demand and Organization) over the game could guarantee the point discussed in a previous article that more people debating a topic can refine the idea better than a single person or group making the right choice.
