Hello all,
If you're a Splinterlands player or investor, you should aware that @sps.dao proposed a change in LP reward, which is replacing DEC with SPS in the LP reward
And Splinterlands already voted for the proposal with PASSED result.
As an investor, I would like to make an estimation of the impact on APR. I understand APR is not the only figure to be considered when I make the decision. However, I can not deny it plays a big part.
Now, let's take a look at the proposal
This is the current APR of each pool. I took it from #Peakmonster at the time I wrote this post.
And this is the APR with new LP rewards
- I'm investing in the bold pools in the above tables
- I invested a big part in DEC-SWAP.HIVE and its APR is reduced the most 😑 That's so sad. I think Splinterlands want players to burn SPS for DEC instead of swapping SWAP.HIVE for DEC, to increase the usage of SPS.
- With the low APR in DEC-BUSD and DEC-DAI pools, I expect the LP will be reduced in coming months
- SPS-DEC APR is least impacted and I will continue to increase the investment in this pool. Because I expect both DEC and SPS prices will be increased in the future.
However, this is all my personal thoughts and do your research before making any investment.
Have nice weekend to all!
If you don't have a Splinterlands account, appreciated if you can use my affiliate link to register:
https://splinterlands.com?ref=sodom-lv