EZLICENSE - Participating in Splinterlands SPS Node LICENSE Rewards For A Fraction of the Cost

in Splinterlands2 years ago
Authored by @EZLICENSE

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EZLICENSE was just released a few days ago and has sold 10% of our initial token release with little to no advertising. I'm super excited to offer the community an EZ and affordable way to participate in SPS Node LICENSE rewards! Tokens can be purchased right from https://tribaldex.com/trade/EZLICENSE or on Hive Engine.

What is EZLICENSE?

EZLICENSE is a tradeable, 100:1 Splinterlands node license backed token.

It offers an easy way to participate in earnings associated with owning a Splinterlands node license.

What are the benefits of EZLICENSE?

SPS rewards distributed to holders are paid in liquid SPS and do not need to be unstaked.

EZLICENSE tokens are extremely affordable at approximately 1/100th the price of a full Splinterlands node license.

Splinterlands node licenses procured to back the EZLICENSE token are purchased from third party marketplaces which removes them from circulation.

Once the node software livenet is available, you will not need to host your own node.

Having 100 tokens for every LICENSE means there should be plenty of liquidity on HIVE for buying or selling should the need arise.

Tokenomics

Each EZLICENSE token represents 1/100th of a Splinterlands node license.

Accordingly, 100 EZLICENSE tokens may be redeemed for one Splinterlands node license.

EZLICENSE tokens distribute 95% of their associated SPS and VOUCHER earnings with 5% retained for administration costs.

Claiming EZLICENSE rewards

EZLICENSE rewards (SPS and VOUCHER) are credited directly to your Layer2Labs account.

The rewards are available for immediate withdrawal and only require logging into your account on the Layer2Labs.io website (Hive Keychain required) to claim.

Once logged into the Layer2Labs.io website: click the bank icon at the top right, click "Withdraw Funds", select the token and enter the amount to withdraw, then click "Submit".

Additional

Splinterlands node licenses are held at a 1:100 ratio on the @ezlicense.nodes Hive account.

This means for every 100 EZLICENSE tokens circulating (excluding the treasury account @ezlicense), one is held as a backing asset. Once sellout of 100 tokens takes place, another LICENSE will be procured from the secondary market for next token sale.

Layer2Labs.io also boasts the cheapest Splinterlands card market at a 3.25% rebate. Check them out!

EZLICENSE Webpage
This information including daily payouts and more can be found on the EZLICENSE webpage: https://layer2labs.io/earn/ezlicense.

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