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RE: Daily Crypto Markets Live Blog: Twitter Applying Bitcoin Tips (09/24/21)

in LeoFinance3 years ago

Chaos!!! The Chaos Legion card packs are coming Oct 18th. That's when you start getting vouchers anyway. Presale lasts a month. Details here.

Going to be interesting to see how this works....

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#Splinterlands is definitely changing up the way things are being distributed. The Chaos packs are going to be $4 instead of $2 first of all. And these vouchers will be earned over a 30 day period based on the number of SPS you have staked. You'll receive them every day over the presale period, which, as I said above, starts Oct 18th.

It looks like you'll get around 1 voucher per day per every 3000 SPS you have. That's a rough estimate based on 100M SPS staked. You'll collect those vouchers, which can also be bought and sold on H-E it sounds like, during the presale period (30 days) which will end Nov 17th. There will be one more week after that to buy and sell vouchers, and then it looks like you'll finally be able to open them around Thanksgiving when the rest of the packs go on sale. 1M presale packs and then another 14M packs available after that.

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What if you do not have 3,000 SPS?

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You will have to buy Vouchers from the third-party market if you want to buy packs.

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From what I understand the voucher thing is only for the presale so if you don't have enough SPS you will have to wait until after the presale

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Actually, I don't think that's true.

We expect that VOUCHER tokens will still be needed to purchase Chaos Legion packs for some time after the set is released as a way to help meter-out the release of the edition and not have the market be flooded with too many new cards right away.

Eventually the packs will just be on full release. There are going to be 15M packs so that's a LOT of cards.

As for what you do if you don't have 3000 SPS...the vouchers will be dropped daily just like the SPS currently is. So even if you don't have enough SPS to get one full VOUCHER, you will still get a fraction. So, it may take you two days, or three days, or however many until you get a full VOUCHER but if you're staking some SPS, you should be able to get one. I was just doing the math based on 100M SPS staked and their number of 33,333.333 VOUCHERS issued per day.

It should definitely create some buying pressure for SPS and incentivize people to HODL it, at least for the time being.

They also talk about the VOUCHERs being used for things in the future so it's probably worth accumulating those as well; which means that there shouldn't be a massive dump of SPS after the card packs are gone.

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Ah okay
The first part led me to understand something different but I guess they may be required for some time after the presale indeed. SO I guess people without vouchers will have to wait even longer or just get some vouchers

Can't say I agree with that call but it makes sense since they want to have people holding SPS

We'll see how that goes

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You will get a fraction of a voucher / day. With current staking details, you need around 3000 staked to receive 1 full voucher a day. Getting 0.1 vouchers a day means that on day 10 you can buy a pack.

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LOL I have no idea what that means.

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I didn't get my head around the vouchers. It's good that we now have a little heads-up to figure out this. There's still time to gather funds. 😁

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Cool

I'm already hooked so I'll try to set some funds aside to grab a few packs

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This put a nice little rocket under the SPS price as Bitcoin and the rest drop.

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Yea I saw a few posts talking about it...it's too bad its only for a 30 day period.

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