Splinterlands has just completed it’s first competitive season since the Reward System has been changed. That makes this a good time to have a quick review of how the SGS Splinterlands Assets are performing after these changes since it’s also been some 5 months since I did a November Update
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The good news is that the playing deck is still very competitive in Wild Ranked and maybe even more-so since the Asset Rotation Completed earlier this year. For this latest season the @ssg-community account finished in Diamond I Tier – which is a big jump from the Gold I Tier where it was previously finishing.
The bad news is that the current market value of the playing cards (according to PeakMonsters) is approximately $777 USD, which is another drop since the last update. Unfortunately Splinterlands (and HIVE more broadly) seems to have missed out on the early Bull Market moves in Crypto and we remain near the lows. Hopefully this will turn around soon but who can tell.
Over the course of the last season (15 days) the playing account earned 214.469 SPS which at todays prices is about $3.22. As the only liquid reward now I put the APR on those SPS earnings at about 9.95% based on the total asset valuation. Not terrible but not great either. On top of the SPS rewards the account also earned a total of 8,250 Merits from Brawls and 62,376 Glint – the new non-transferable reward token for Splinterlands.
I wrote about Splinterlands Glint : What to do with it? last week and at the moment I don’t really have a good answer to that question. Unless the community has strong opinions on this I am inclined to just let the account accumulate the Glint for now until the situation becomes a bit clearer. Glint is a new development and the Splinterlands team still appear to be ironing out some kinks so it might be wise to wait for now.