RE: SPS & DEC Liquidity Provider Rewards + One More Ranked Rewards Update

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jarvie (75)in #splinterlands • 3 years ago (edited)

When do DEC LP rewards start
1b. Do the SPS and DEC rewards start at same time? aka July 26?
1c. Or do DEC rewards for that pool start when DEC play rewards stop?
Is the splinterlands company recieving SPS and DEC for their LP in these pools?
Is the 1.875m SPS not being allotted still being printed and perhaps added into an account or the DAO? Or will it simply not be printed until a use is created?
Why not add STAKING rewards for the SPS distribution table you had in the post? Any particular reason it was ommitted?
How will you distribute the DEC and SPS for Diesel Pools LP providers? Will you create your own ditribution system or use the tools by Hive-Engine/Tribaldex?
Are you saying that presently there is 350 Million DEC a month being printed? ("It's important to note that the size of this pool is about 1/5th the size of the current amount of DEC being minted on a monthly basis for ranked battle rewards")
Which brings me back to point 1B. Will there be ~420 million DEC printed monthly for a while during DEC-LP rewards and before the end of DEC rewards for battle rewards? Or does it all take place at same time?

3 years ago in #splinterlands by jarvie (75)

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yabapmatt (71) 3 years ago

Good questions...

Both token rewards will start at the same time on July 26th
Splinterlands' company accounts will not receive LP rewards, and will generally be looking to exit LP positions as the rewards should incentivize players to cover it instead
The 1.875M SPS will just not be minted
I'm not sure what you mean by this
The rewards for all of the pools (on Ethereum, BSC, and Hive Engine) will be handled by the same internal distribution system originally used for the DEC LP rewards last year
Yes, that is correct, roughly
Yes, there will be ~420M DEC / month minted for a relatively short time until the battle rewards are switched to SPS