The Great DEC Token Burning Event has gone Live

Splinterlands game is well known for its innovation and keeping the community engaged. I believe that it is very important for any gaming project to keep the community engaged and come out with some innovative and creative ideas to make things exciting. The team has been doing it and they know what is needed for the community to bring another excitement to the game. The project has completed five fantastic years on the blockchain so as part of the celebration they have come up with the initiative of token burning. This is not like a normal process where people can burn the token and expect some growth in the token economy instead this time people who participate will be rewarded by the game. Splinterlands team has got a bigger rewards pool So they are going to distribute a lot of assets to the participants and for that reason they have also created a page in the game.

Burn Event

This celebration is completely different where the community will be rewarded for the actions they take to support the initiative and I have never seen something like this before. There have been so many promotional events on the game and participants were rewarded with a significant amount of assets but for the first time, I have seen something where the project is rewarding to the ones who are participating by burning the tokens. This is applicable for Dec and Dec B tokens in the game and I believe this way they are going to give a bigger dent in the circulation supply for the tokens. I do not know how it will bring value to the token economy as of now but in the long run, I expect that things will become much more valuable because a major chunk will be taken out of this circulation supply in the market.

To celebrate the fifth anniversary of Splinterlands, we're giving away a giant heap of prizes to players who burn DEC or DEC-B. As a bonus, anything you burn will also become Guild Power to level your guild buildings. It's our way of saying thank you for joining us on this amazing ride.

Over 400 Million Tokens Burned In 1st 24 Hours

This burn event is a 30 days event and It has just completed one day so it has almost the entire month to go I believe we are going to see a bigger amount of burns happening. The participation is huge as 400 Million DEC Burned In 1st 24 Hours! What else we can expect more than this it clearly shows that the community is so excited about this initiative and they are taking part by burning as much as they can.

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I'm sure that in the remaining 29 days approx, we are going to see a lot of action here and it will not be a surprise if we can get this number doubled or tripled in the coming days. there is a leaderboard that we can check to see who is on the top with how many tokens are burnt and points are allocated accordingly. We have the mechanism in a game where SPS can be used for dec and since we are expecting more demand for tokens once the land is here then it will create demand in the market. I'm excited and looking forward to seeing how that demand will be fulfilled and if will it positively impact the price because with lands things are going to be exciting

Zyriel Sale is Ending

The promo sale for the Zyriel monster card is ending in a day and still, there are more than 10k cards left in the campaign. I have gone through some of the posts and people are saying that the price for this card is slightly high so they like the card but they would prefer to buy it from the market as such cards are available at lower prices in the market later on. I like the card and its ability because this is the first-ever card in the game with dual elements but again considering the price I thought that I should wait for some time and then buy it from the open market at a better price. It does not make any sense to pay extra for the same card which can be bought from the market at a lower price and even the benefits are not different because there is no additional benefit if we buy from the game portal

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I have completed my three years on this game and the game itself has completed five years which means the game is doing well and we can expect better things in the coming years. Some of the things in the game did not work in the past but that is ok because we can not expect a 100 percent success ratio in everything that we do and with some failures we also get the opportunity to explore how we can correct it and make even better things for the community. I look forward to seeing some fantastic updates by the game in the coming months this year. We cannot deny the fact that the current burning event is like the Omega event in the game has got a significant response from the community.

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(Splinterlands is a fantastic play-to-earn game and if you like to join then do it through my affiliate link shared below.)

https://splinterlands.com?ref=reeta0119

[Images are from the splinterlands game whenever not mentioned]

Thank you so much
Stay Safe

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