Yes, I agree, the price of SPS has only begun to climb. With the way the team talks about using it for all sorts of future products, releases, features, etc. the use cases should only continue to expand. There will certainly be ups and downs but overall this could very easily be a home run. Especially when you consider we're getting it for "free" right now with the airdrop. Crazy.
One question maybe you know the answer to: what happens to the SPS that gets used to purchase the packs? Will the #Splinterlands team sell it back into the market? Possibly add it to the staking rewards? <---very good idea in my mind) Burn it? What? It certainly would be a nice sink and would offer both less and more incentive to use it to purchase packs. Less incentive because you wouldn't want to get rid of it. More because you know it's going to be burned making the rest of your holdings worth more. Just curious if you know....?
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It's been hard to get answers but generally yes that's what I believe will happen the SPS and if they allow for DEC will be resold on the market which is Splinterlands income for running the game. Which makes sense. If it's paid for with credits it wont have any effect on the markets. I'm curious though how many people will be willing to part with their SPS for a little 10% cut. A 10% cut when you can earn 60%+ APR on it seems like you'd want to hold on to it.
I agree. Although if they're buying 2000, 3000, 4000 packs that's $800-$1600 saved by spending SPS vs dollars. Plus, as I said somewhere else, some of these people who are getting a lot of packs may not have much outside money. They got involved early and built huge decks for relatively little money and now they're worth more than $100k. BUT, that doesn't mean they have 10 grand lying around with which to buy the packs. Plus, they'd have to on-ramp it somewhere which has it's own set of problems.
I think you'll see a fairly large amount bought for SPS. I wonder if we'll be able to see it....and again, what they're going to do with it?
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They will be burnt.