Good day splinterfolk! I've been back in the market for cards, scooping up some daily using bids on @peakmonsters. I have a reason, a hunch, and a bit of math to back it up! Let me fill you in on a little splinter-secret. You can get cards just about free right now based on the bulit-in burn mechanic, crazy right!
I have been shopping for cards this way for quite a long time now. I've built out a solid roster of rentals and lined up workers for land using this. As always I recommend you DYOR before doing this, but let me down how we can get cards for free.
Every non-soulbound card in SPL has a burn rate attatched to it. For example, an Epic Chaos (including reward) card can be burned for 100 DEC at any time by its current owner. This simple mechanic actually gives us a floor on potential downside for this trade. We can shop for cards and calculate our absolute downside like this. Basially, we can burn the card to get back our DEC.
Now, these cards can be rented out or placed on land to produce passive income. Passive income plus any price action on the card in the future is our potential upside. The upside on this trade is not capped, and will grow the longer you hold and rent/farm. These passive incomes very, but we know what they NEED to make after shopping with burn rates.
So as an example of what we are doing here, ill break down the trade. We can buy up Epic reward cards for about 110 DEC right now. Since they can be burned for 100 DEC, we really only spent 10 DEC on the card. Looking at rentals we see they make about 20% yROA. We can also place them on land for an unknown return. This means WITHIN the year these cards will be paid off and in profit if we burn them, essntially making for free passive income producing cards. We can buy at %10 above burn value, rent until they earn the 10%, then we are free to burn/sell/keep renting with 0 risk of downside.
This is all excluding the CP boost you get at max level, and the fact they have been talking about another card burning event.
My reason? 0 Downside + Uncapped Upside trade is hard to find.
My hunch? There have been talks of a burning event. THESE ARE THE CARDS THEY ARE TALKING ABOUT
My math? Card Burn Rates paired with Passive Income, found using peakmonsters.com
Good luck out there and see yall in the next brawl! <3
If you know what your looking at, this is how 1 year later looks. We were able to buy DEC below peg while using shopping method, adding to the nonsence
Catch the price/bcx vs burn value? Check the days rented? I love the stats this site has brought into my life hahaa
This is a simple picture of a reward card going 2x in price over a year, while also collecting ~30% of its burn value in rental income. I paid MAX 1.3x burn value for any rental card. We can already burn this for profit. OR, I could sell for 2x profit and call the income icecream money.
As you can see, I'm still hodling to rent instead XD