Why is SPS falling?
Issuance of DEC will soon fall dramatically. Issuance of SPS will soon go up. Guessing whales buying DEC with liquid SPS because they know they can earn the SPS they sell now back fairly easily. Just a guess.
Why is SPS falling?
Issuance of DEC will soon fall dramatically. Issuance of SPS will soon go up. Guessing whales buying DEC with liquid SPS because they know they can earn the SPS they sell now back fairly easily. Just a guess.
There's no real use case for SPS at the moment besides APR rewards and vouchers which there's way too many vouchers out there now for the lack of demand.
Riftwatchers should help alleviate that. How much, I'm not sure.
Not much only 3 million packs at $5 each so $15 million bucks sounds like a lot but when you compare it to market caps of everything it's not all that much.
In that case, I hope SPS price tanks since Riftwatchers price is in USD but paid in SPS. That should put lots of SPS into the DAO.