EZLICENSE Adds Another Splinterlands Node License and Lowers Cost of Participating - 19.2% APR

in LeoFinancelast year

EZLicense_Logo2_No_Background.png

What is EZLICENSE

Each EZLICENSE token represents 1/100th of a Splinterlands SPS Node License. Liquid SPS and VOUCHER rewards are paid daily at 00:30 UTC to each holder's splinterlands account. Rewards are based on current Splinterlands node license payouts minus a 5% administration fee. 100 EZLICENSE tokens may be redeemed for one Splinterlands node license. Please see https://hivedrip.com/index.php/ezlicense/ for more details or join the DRIP discord (link below).

Benefits

  • Daily Liquid Payouts - a full LICENSE pays staked sps, we pay all rewards liquid daily
  • We will host the Node License software when the time comes so you don't have to
  • You can participate and reap benefits of a standard LICENSE for a fraction of the cost
  • If you accumulate 100 tokens you may swap for a full LICENSE if you wish
  • A full LICENSE purchased ingame costs $2500 in SPS plus 500 Vouchers
  • As SPS prices recover (likely with Land 1.5) your ROI should go up significantly.
  • A 2nd node license was purchased to reduce basis and offer a better value

Currently paying out 19.2% APR

Based on a hive price of $.35885, SPS price of $0.01385 and Voucher price of $0.0275 at time of writing and a token price of currently 21 swap.hive the earnings per EZLICENSE token are $1.4476/year after a 5% management fee. At 21 swap.hive or $7.535 these EZLICENSE tokens have an APR% of 19.2%.

A splinterlands Node LICENSE is paying out 4 Vouchers per Node/day and 22.2 SPS. What we've done is to keep a pool of liquid SPS available to pay out holders liquid every single day. When we make our daily claim , the amount of sps and vouchers are divided up between the holders of the token and paid daily around 12:30 AM UTC.

The Payouts Should Remain Steady

The way the SPS Node Licenses work are based on the total sold. To purchase a node ingame you'd have to spend $2500 worth of SPS and 500 vouchers. The secondary market prices are much less than this so we don't see any more ingame licenses being sold until SPS pricing moves back up significantly.

As SPS and/or vouchers start to recover in price, you're still paid out the same amount of sps and vouchers as long as no ingame licenses are sold.

Screenshot - 2023-11-06T102109.760.png

Image from splintercards.com

Where To Purhcase

EZLICENSE tokens can be purchased currently for 21 swap.hive on hive-engine, links below:

https://tribaldex.com/trade/EZLICENSE

https://hive-engine.com/trade/EZLICENSE

Managed by Hive DRIP

The EZLICENSE project is currently managed by Hive DRIP, Thorlock and Chansetheguy.

Follow along for all DRIP's latest posts on PeakD here: https://peakd.com/@hivedrip

Offical Links

Official Website: https://hivedrip.com/
Whitepaper: https://hivedrip.com/index.php/whitepaper-drip/
PeakD: https://peakd.com/@hivedrip
Buy DRIP coins: https://tribaldex.com/trade/DRIP
Discord Link: https://discord.gg/rMdAAe4jKp
Free Hive Wallet: https://hiveonboard.com?ref=hivedrip

Sort:  

This post has been supported by @Splinterboost with a 12% upvote! Delagate HP to Splinterboost to Earn Daily HIVE rewards for supporting the @Splinterlands community!

Delegate HP | Join Discord

Another interesting one! good stuff bro.