Say I have enough CP for the league that I want to play in.
Should I use my owned cards to play Splinterlands then rent it out while my ECR is still refilling?
Or should I just rent out my cards then rent cards from Peakmonsters to play for my DQ chests?
I've tried both.
I believe it is more efficient to just rent out my cards, then rent cards from other people in Peakmonsters. Here's why:
If you remember my first blog post, I wrote how I accumulated more than 32k CP in 12 days.
I ended up with more than 40k CP in 1 season.
I tried playing my cards and realized that it was not efficient for these reasons:
- There is a 1 day cooldown before you can rent it out again.
- There is another 1 day cooldown before you can use it after you rent it out and the rentee used it.
1day cooldown starts from when it was last used.
So if I play my DQ quests then rent it out after, it would take at most 3 days per cycle.
I save DEC from rental expenses.
I earn 1 day rental income from 3 days cycle.
I always lose 1 day of potential rent income per cycle.
I figured out it is more efficient to just rent out my cards continuously.
That 3 days cycle before my next grind for stacked DQs also mean that I can play upto 25% ECR remaining.
ECR regenerates 25% daily so it should be back to 100% ECR on my next grind.
If I want to play to get my DQ chests, I can just rent from other people.
This way if I rent out and in at the same rental price for the same card, I only lose 5% from rent commission.
Rent Income - Rent Expense - 5% Rent Commission = Net profit for renting
Figures shown above have the assumption that rent rates are constant.
If I can snipe a better price for the same card, I can even gain profit from renting.
Playing in higher leagues will mean more transactions since I need to rent out more cards.
To make this work, I needed additional HP when I played in Diamond/Champion leagues because I ran out of RC.
So I added 100 HP. Having more HP will also mean I can always adjust my rent price for more profit.
In fact, I became more HP hungry due to my earning strategies in Splinterlands.
So please UPVOTE my blog posts so I can have more HP and be motivated to share more of my earning strategies.
Some might argue that optimizing ECR (playing from 100% up to 75% daily) will also yield more DEC, but I'm pretty sure renting out my cards still yield higher DEC earnings than that.
I find this useful during EOS as well.
TL;DR Renting wins! This is what I am looking for in my previous NFT games.
- List your cards for rent in the market.
- Rent cards when you want to get your Daily Quests or increase ratings.
Feel free to let us know your thoughts as well.
CP - Collection Power
DEC - Dark Energy Crystals token
ECR - Energy Capture Rate
DQ - Daily Quests
HP - HIVE power (staked HIVE token)
RC - Resource Credits
EOS - End of Season
NFT - Non-Fungible