DEC BATTERIES - Soulbound "Discount Token" in the Splinterlands Ecosystem

about 1 year ago

Splinterlands - A P2E Economy of Discounts and Profits

Whether in bull or bear season, the Splinterlands asset market is always booming in terms of trading volume. Kudos to the team's marketing strategies that always makes creation to keep investors and players active around the assets markets. Splinterlands ecosystem which is a guild of play to earn NFTs game is always seeking for ways to make the gaming assets sustainable in terms of utility and tokenomics.

The booming markets for splinterlands assets create opportunities for arbitrage, passive earnings and other profiteering options. HODLing, staking are some of the ways of maximizing profits with Splinterlands assets.

The Splinterlands team also intentionally create several ways to make the assets sustainable. Burning tokens, pegging/soft-pegging tokens as well as soul-binding are some of the options available for some tokens and NFTs in the Splinterlands ecosystem.

DEC, VOUCHER and the Emergence of DEC-B

DEC & VOUCHER are two of the top discount assets in the Splinterlands in-game Marketplace. Recently, Splinterlands announced DEC Batteries (DEC-B) as a soul-bound DEC-type token to serve as a burn sink for DEC while also creating a profiting opportunity for investors and holders.

The sale of DEC-B started on February 8 and has been running for the past 54 days and would be closing in 6 days time. There are only about 738 million DEC-B tokens out of the 2 Billion that were created. This means that about 1.3 billion DEC so far realized from the sale of DEC-B would be burned out of circulation.

The entire point of the token and sale is that players will be burning DEC and VOUCHER tokens now in order to receive a discount on purchases in the future...The goal is to provide benefits for DEC-B holders over the long term rather than just providing an immediate discount on existing items in the game. source

The soul-bound nature of DEC-B token guarantees the 20% profit to its holders. The DEC-B token valued at 1:1 ratio with DEC is presently sold at 0.8 DEC each. With its limited supply, it is hoped that

DEC-B Utility

The major use cases for DEC-B tokens are building Upgrades in lands, maintenance, and Boosts in the Land Expansion, future "mini-editions" (such as Orbs, Dice, and Riftwatchers) and Skins & Cosmetics. Owning any amount of DEC-B would grant any Splinterlands player a 20% discount for purchases or service charge in any of the above listed.

I successfully purchased 1,800 DEC-B and hoping to fill it up to 10k before the end of the sale. Owning DEC-B is cool as an HODLer is saved from the volatility of the DEC markets.

Discounting DEC-B with VOUCHER Purchase

A Splinterlands player can buy DEC-B either with DEC or with VOUCHER. While attempting to buy DEC-B, I discovered the huge extra discount when buying with VOUCHER token. With same amount of dollar worth of DEC and VOUCHER, DEC-B purchased with VOUCHER would be more by 2%.

1,800 DEC-B would have been purchased with 1440 DEC which is about 20 DEC more when purchasing with VOUCHER.

It would not be bad to call Splinterlands a play to earn economy of discounts and profits. Hurry while DEC-B stock lasts.

You want to learn more about Splinterlands, SplinterGlossary is a hot reference center for you.

Splinterlands game is termed the "next generation of collectible card games" in which allows players to collect, trade, and battle with provably scarce digital collectibles with real-world value. Battles on Splinterlands Unlike most trading card games, are fast and furious, and are usually completed within few minutes. The Splinterlands gameplay is simple and easy to learn viz: reviewing combat rules, making and submitting of the team and watching the battle unfold.

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