Splinterlands SPS Validator Node license APR (vouchers + SPS) currently at 257%

in #splinterlands2 years ago

Quick update after the latest post by Matt letting us know that voucher drops will start sooner than expected for Splinterlands Validator Node license holders. This came due to user feedback, presumably from license holders as well as prospective buyers, that there wasn't enough incentive to buy at current prices without knowing when the rewards would start to drop. At the current price of SPS, vouchers, and node sales volume, the APR is 257% (including both voucher and SPS drops).

Here is the table, where you can see how the APR changes depending on asset prices and circulating node numbers:

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If you were to remove the SPS from the rewards (since that's coming later - date not specified yet), the APR based on current data is still 190%. Here are the rest of the numbers counting only the value of the voucher drops.

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Will this spur more license sales?

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That's actually insane APR, and it is just before the licence node actual function.

Posted Using LeoFinance Beta

Yes, it's quite insane indeed...

20000 vouchers will be distributed everyday between all the license holders based on the post. Same way how many SPS would be shared between the license holders per day once SPS airdop starts

Once the airdrop starts 3,375,000 SPS / month will be distributed equally across license holders who are operating their nodes. There's also an additional 375,000 SPS / month for the top 10 (voted) validators. Full details here: https://peakd.com/hive-13323/@splinterlands/splintershards-sps-validator-node-overview-and-license-presale

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