Splinterlands Card Rental
Modern Format Card is Having Nice APR
There is 2 format on splinterlands, the wild format, which allow us to use all cards available, and the other one is modern format, which only allow us to use the latest 2 series cards. There is new regulation where the modern format have doubled SPS rewards, so the cards, with less supply than wild, and more rewards, are having higher demand, which cause the rental price is getting high as well. And with no more limit level for each league, the maxed level card demand is rise even higher because it's needed even on low or medium league due to enemies having high level card as well.
Let's take a look at the summoner, which is important to bring the monster on certain level, plus giving some ability or buff. The APR is mostly above 20%, with many of them are on range 30-60% of APR, and the highest even reach 131% !
For the fire element monster, the APR is quite high as well, with many of them are around 60% and the highest is on 111% !
Other element are having quite same APR, most of max level cards are offered with high APR, with the latest series (Rebellion) are mostly lead the APR, because it has more life time for modern format (when there is new series comes up, the chaos legion will be forced to wild league).
The Risk and Opportunity
High APR is always interesting, but people say with high risk there is high return. There is risk for investing on splinterlands card.
First, the value might dropped if there is updates from developer that cause negative sentiment for the cards. Rewards system, bot system, or new series updates can cause a massive changed on cards value.
Second, the existence of the game itself, because the cards value really depend on it. If the game is rug, then you might see the asset value dropped or even have no value
Not just risk, there is opportunity such as if the game have massive progress development, that cause the game getting booming again and with new players, more demand will come as well, and so the cards value will getting higher.
Conclussion
Modern card format of Splinterlands is having high APR due to updates that rewards from modern format is doubled than the wild, and with no cards limit on each league, the maxed level cards demand is getting higher. But there is risk lies on there, because the cards value is having high trait with the updates of the game itself, especially about the rewards regulation.
Final Words
Note : This is Not a Financial Advice and I'm Not an Advisor. Always do your own research before doing any investment 😇
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