SPS Governance Proposal - Begin SPS Reward Payouts for Land Holders

As a direct result of feedback from the player community, we are putting forth a proposal to begin paying out the SPS reward pool allocated for the land expansion to land claim token holders in the Splinterlands game in advance of the land expansion being released.

The SPS whitepaper indicates that 6.25M SPS per month (decreasing at a rate of 1% / month for 65 months) is available to be paid out as part of the upcoming land expansion to the Splinterlands game. Due to the fact that the release of the land expansion has been significantly delayed, many community members have expressed interest in beginning to distribute that reward pool to holders of the land claim tokens (PLOT, TRACT, and REGION).

If approved, this proposal would add 6.25M SPS per month (decreasing at a rate of 1% / month for 65 months) in rewards which would be distributed equally per plot of land held within a Splinterlands game account on a daily basis. This would mean that players would receive approximately 40 SPS tokens per month in the first month per plot of land held in their account with TRACT claims being worth 100 plots and REGION claims being worth 1000 plots.

Land claim tokens held on external platforms such as WAX or Hive Engine will not count for these distributions, which means that the more tokens that are held on external platforms, the more SPS will be distributed for each land plot held in game.

The land SPS rewards will be staked directly to players' accounts and will be claimable via the same method as ranked battle rewards and node license rewards.

Please note that once the full land expansion is released, a new proposal will likely be published to stop these direct SPS rewards to land plot holders and instead give out the SPS based on a different set of mechanics specific to the economics of the land expansion. Ultimately it is up to the SPS token holders to decide how or if SPS tokens will be distributed to land holders (or to anything else for that matter) going forward.

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