End season rewards and strategies around DEC and SPS!

Evening Hivers and Splinterlands players!

Seems like yet another season of Splinterlands has ended and what not better to show of what you can get from the chests at season ending. This time I was as fortunate as last time - pulling some legendary cards! Ye you read right, you can actually earn legendary cards by just playing and having fun! You get both in a bag and a sack when you play Splinterlands – it is fun playing at the same time as you get free monitas lol! No brainer, NO BRAINER! Here is a link to the game if you still haven't bought into it!

Source: Screenshot from Splinterlands homepage.

Anyways, what did we get for this season? The best thing about this season was that I got Legendary DJINN OSHANNUS, ye I know he is not that priced, but he used to hoover around $50 in November and he will get back to that price, it is just a matter of time. Second best was a Pelacore deceiver in gold foil which is pretty decent, I am not used to see gold foil in reward chests, for some reason they are rarer one should think - not reflected in price though. Other than that, a got a couple of common cards, dec and som potions which sums up a great deal when you’re at diamond 2!

Which brings me over to my goal of getting to champion. I am building slowly but steady my way to champion and this season a managed to reach diamond 2 for the first time so it is a new personal best for me. It was not as hard as I expected since it is the first time I am actually battling in diamond. I used to stop battling at once I reached diamond 1 because I thought that the players there would just nuke me down totally but, I did get wrong on that. The top 100 players in diamond are different though, there one will see some maxed out summoners and stuff like that.

Below I give you a glimpse of my season rewards, enjoy that beautiful candy you see in front of you!

SPS and DEC strategy

Vel, the last season I have given SPS and DEC a lot of thoughts in terms of an investor perspective. Yes, I am investing with arms and legs in SPL. That means that I am constantly looking at how I can move the in-game assets to make the best returns possible. I have been a bit back and forth and discussed a lot with my self (lol), on how to make my decision for the coming next month.

I have found that SPS will increase in price in the coming months up until the release of the Rift watchers card set. When we get to see some eye candy cards some weeks before the release and (hopefully) the stats behind the cards (which will be completely new stats) I think people will go crazy! These are the future cards that you want! Based on this I think SPS will pump – it is just logical! So, I will want to own as much of the SPS governance token as I can. Now is the time to adjust my Splinterlands in game portfolio towards SPS.

This brings me over to DEC, which by the way have a huge utility in game because I get to use them when I buy cards lol! But again, you can’t own to much of it (from an investor perspective) because 1000 DEC are supposed to be pegged to a dollar and in time of writing 1000 DEC is hoovering around 2 dollars. So, it could cause a 50% loss now if you own some.

However, here is the smart move in my opinion. Remember I want as much SPS as I can possibly get (without buying them directly), and the number of how many DEC I have in my possession determines my daily SPS airdrop. There are 116 airdrop days left and you do not want to own a million DEC under the closing week. This is just because we know that at the time the airdrop ends the DEC lose one of its very important utilities. Hypothetically it is like Usain Bolt loses a leg, what utility does he have as a sprinter then? Not much, and you would probably not bet on him doing a great job at the 100m sprint. The same will most likely happen to DEC, unfortunately…

Here is the thing though; I do not think that DEC will lose its value quite yet. There is still 4 months left of its second great utility, meaning it still has two legs for 4 months! So, what I would be doing now is to set my self a DEC target of how many DEC I want to own. My DEC target is 60 days form now (halfway to the SPS airdrop ends), and I will buy DEC daily so that I get to dollar cost averaging into the asset. I know DEC will lose its value, but I want that Airdrop as well so therefor I believe that dollar cost averaging into it now daily for 60 days would make perfect sense. I will use this as one of two "hedges" of the loss in DEC price - remember.. secondly you also get more SPS daily which leads you to deal with a larger loss in DEC. Now I am getting more DEC daily and more SPS daily. I also stake every SPS I can get so my staking rewards are also increasing. Then, 60 days from now, I will start selling the same amount of DEC that I used to buy the 60 first days. I will want to have 10k DEC left at the last airdrop day just to catch some rare cards before their prices sky rocketing.

Note if you are interested in my targets: I have 250k DEC now (when this post is published), and my target (in 60 days) will be 750k DEC. After that I will dollar cost averaging out of DEC until I have 10k DEC left the last day of the airdrop.

You see the above job could give you some great returns and at the same time "hedge" you against uncertainties. I am basically writing about risk-reward management in Splinterlands. I will follow this strategy, and if things goes wrong, then I will learn form it and adjust next time.

What do you think? Any strategy towards the end of SPS airdrop? Do you think my strategy make sense or do you think it is just a pile of dog-poop? Comments appreciated!

Cheers
-Olebulls

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