I Was Wrong.... You Will Need Staked SPS to EARN

avatar
(Edited)

You know I did say that I heard them say it was coming. But I didn't think the white paper said it. I wanted them to change it because it seemed wrong. I still think it needs to be updated as it took a while before someone could really explain how this was going to work.

I still think it will be bad for cards. If you join the game and buy cards and they play the game and you earn nothing. That is bad. I mean they put money into the cards. They have skin in the game. But now we say well you have to get like 5000 SPS and stake it before you can earn at a good. That is 5000/6000 or only 83% of what you use to earn here. Then if you are playing in silver which should be a good place to start. It will take months to earn back that 5000 SPS. I know we want players that are not just here to make money. I am just not sure new players will like this.

SPS White Paper: https://sps.splinterlands.com/
Splinterlands Git Book: https://docs.splinterlands.com/rewards/reward-shares-r-shares
Town Hall Post Matt Confirms it is coming.
https://peakd.com/hive-13323/@splinterlands/splinterlands-town-hall-summary-july-11th-2022-1pm-eastern

Watch from 50-minute mark or from 45 for more context.

My bad video:


food.png



0
0
0.000
8 comments
avatar

I doubt it, most ppl have no the patience to invest

0
0
0.000
avatar
(Edited)

I did hope after all those restrictions in earning they would put this on a sidetrack. I really don't know why a new player would start playing this game at this point with such a high enter cost to enter.

Though I understand, that this might drive competitive players to improve, still I'm afraid what it will do with regular players.

0
0
0.000
avatar

Ya, my worry is for the lower players. Staking 5k sps to earn 83% of what they earn today after taking away the rewards cards is a big ask. It would take a long time to earn back the 5k sps you staked to do that. given the 1000 num ber is a place holder and I hope it is lower.

0
0
0.000
avatar

The problem IMO is not staked SPS, but we have put too many barriers to entry for the sake of "bigger reward pool" which was promised indirectly.

One of the barrier we have put, for example is that I believe people should buy cards to win their battle, not to buy cards to get some right of earn something. Right now we need to buy cards, have it on correct level which is needed to earn rewards, not to win battle.

0
0
0.000
avatar

sps value is too low, so this change might help coin, but personally i think we need more positive news and that one is negative for new players.

0
0
0.000