GRAIN Inflation

in #gaming3 months ago

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Looks like the grain inflation has resumed its trend up making grain worth a bit less against dec which is normal when there is not much you can do with grain yet compared to what will be needed and eventually many plots will not be able to produce grain and grain may go the other way at some point but will likely be stifled out by selling pressure for people who have built up there grain stacks over time start to sell there big stacks of grain that have accumulated over time when every plot can produce grain. One interesting thing to know is how much grain can be produced in the future compared to how much is being produced now and if there will be a possible bottle neck on grain in the future. Once other resources are able to be produced with grain eventually the oversupply of grain will be burned through and then the price per dec may start to increase as well when the plots producing grain decrease bc they can only produce other resources now and people then need more grain as well to produce the other resources. Eventually the lp may stabilize making it more profitable as well but so far there has been a lot of impermanent loss with grain going from 50 grain per dec to 123 grain per dec which is quite a bit of inflation in grain about 2.5x the initial cost of dec when selling grain making land much less profitable over a pretty short period of time.