Splinterlands - How To Buy Cards Under DEC Burn Rate?



About a week ago when DEC prices were close to par there were times where reward cards were priced under burn rate! How can this be? Today's post I break down the circumstances that would allow us to purchase cards under DEC burn rate.

DEC to $

When a card is posted onto the open market the $ amount for the card is listed. DEC or Credit can be used to purchase the card but if we look at DEC its market value in terms of $ fluctuates hourly.

Chart of DEC to Hive illustrates how volatile it can be for the price of DEC. We can sometimes take advantage of this volatility by purchasing cards when DEC relative to $ value rises.

On Nov. 13 I had been looking over the reward cards and specifically the lowest cost rares and epics. At the time Vampiric Blossom were selling at $0.017 per BCX. Based on $ value it did not appear there was anything unusual. What I mean by unusual was that multiple cards were marketed at $0.017 so first glance would not appear that this was a significant discount.

However when the DEC price in $ rose while the price of the card never changed it became clear that I would spend less DEC in order to purchase the card. With DEC price value in $ terms rise the cost of the Vampiric Blossom at 1 bcx was around 20.559 DEC. Meanwhile using monstermarket.io to purchase the card I would receive a 3% cashback which at the time was around 0.629 DEC.

Do a simple math problem:

20.559 - 0.629 = 19.93 DEC, but wait a minute. The burn rate of Vampiric Blossom is 20 DEC. So the short of it is I spent less DEC to purchase the card and actually gained DEC equivalent by purchasing the card.

Max Level 105% DEC Burn Rate

With multiple Vampiric Blossoms selling at $0.017 I knew I had to go and start purchasing the cards as much as possible. I hit a net of 115 cards which was also the amount needed combined to level up the card to max level 8.

One major benefit of leveling a card to max level is that at max level the card's burn rate is actually 105% of the total value instead of the standard 115 x 100% x DEC burn rate per BCX. Essentially we get 5% more in DEC burn for hoarding cards and down the road leveling up to max.

Through cashback and make the card max level I increase my DEC gains by close to 7% overall and best part is I have the DEC stored in the card itself instead of DEC alone.

I can rent the card out to earn passive income in DEC or use the card to play since its at its max potential.

Accumulate During Down Turns

Lets recap on the opportunities that can allow us to purchase cards below its DEC burn rate. In no particular order:

  • DEC per $ value becomes volatile and we need its prices rising.
  • Use market platform I used to purchased cards to be certain that a cashback % is offered to the buyer.
  • Max level the card to get 105% bonus in DEC burn rate.
  • Focus on reward cards and specifically rare and epic.

By following these bullet points you increase your opportunity to finding and purchasing cards below their DEC burn rate. Good luck!

Until next time thanks for reading!!!



If you want to play splinterlands then SignUp Here

I have plenty of other cards for rent! Just go on peakmonsters and check out the market place and if you are curious what I offer here is a link:

mawit07 rentals

If You have yet to take part in playing this great game called Splinterlands please click on my referral link. It is free but in order to earn real assets such as cards and token you would have to invest in a starter deck or purchase game cards. Join the discord to learn more. Good luck!


THANKS FOR READING! CONTINUE TO PLAY SPLINTERLANDS!


1.41715087 BEE
11 comments

I have a max card, the CP is about 5% more. Now I know why as you get a bonus. If I have extra Dec tokens, it may be a good strategy to buy some cards at max especially the ones at 1 cents bcx !

0.04105760 BEE

Yes definitely a benefit to have the card max as overall Dec burn rate value is higher. !PIZZA !LUV

0E-8 BEE

Very informative article. I bookmarked it.
Thanks for sharing.
Have a great day.

0.04077769 BEE

Thanks for the kind words !LUV !PIZZA

0E-8 BEE

Great strategy! I didn't calculate it as thoroughly as you did, but I figured it was a good time to buy reward cards. Thanks for your calculations! I'm saving up DEC now!
!invest_vote

0.04078263 BEE

I didn’t do that much calculations !LOL
Been staring at the collection power of cards long enough you can remember how much Dec burn rate they are and when it’s low it’s easy to click buy. !WINE

0.00000126 BEE


Congratulations, @mawit07 You Successfully Shared 0.100 WINEX With @stdd.
You Earned 0.100 WINEX As Curation Reward.
You Utilized 1/2 Successful Calls.

wine_logo


Contact Us : WINEX Token Discord Channel
WINEX Current Market Price : 0.075


Swap Your Hive <=> Swap.Hive With Industry Lowest Fee (0.1%) : Click This Link
Read Latest Updates Or Contact Us

0E-8 BEE

What do they call a cubic zirconia in Ireland?
A sham-rock.

Credit: reddit
@stdd, I sent you an $LOLZ on behalf of @mawit07

Use the !LOL or !LOLZ command to share a joke and an $LOLZ
(1/8)

0E-8 BEE

😅 !LOLZ That's pretty much what I did. But there are numbers and calculations in your post! 💪
!invest_vote

0E-8 BEE

@stdd denkt du hast ein Vote durch @investinthefutur verdient!
@stdd thinks you have earned a vote of @investinthefutur !

0E-8 BEE

Wow, that is a nice buy. I should pay attention more to the price of DEC because it can definitely be a good opportunity to have free trade and profit. The idea to rent it out is also a nice idea because it just earns you more and more.

Posted Using LeoFinance Beta

0.04059759 BEE

If you weren’t aware my card collection comprises close to 60% in rewards cards. The individual cards themselves may not be the most valuable in the game but accumulate enough of them I get a steady stream of rental income and decent increase in total net worth. !WINE !LOL

0E-8 BEE


Congratulations, @mawit07 You Successfully Shared 0.100 WINEX With @jfang003.
You Earned 0.100 WINEX As Curation Reward.
You Utilized 1/2 Successful Calls.

wine_logo


Contact Us : WINEX Token Discord Channel
WINEX Current Market Price : 0.075


Swap Your Hive <=> Swap.Hive With Industry Lowest Fee (0.1%) : Click This Link
Read Latest Updates Or Contact Us

0E-8 BEE

Never tell a pun to a kleptomaniac
They're always taking things literally.

Credit: lofone
@jfang003, I sent you an $LOLZ on behalf of @mawit07

Are You Ready for some $FUN? Learn about LOLZ's new FUN tribe!
(1/8)

0E-8 BEE

very good tips. thanks a lot 😁

0.03812112 BEE

This post has been manually curated by @bhattg from Indiaunited community. Join us on our Discord Server.

Do you know that you can earn a passive income by delegating your Leo power to @india-leo account? We share 100 % of the curation rewards with the delegators.

Please contribute to the community by upvoting this comment and posts made by @indiaunited.

0E-8 BEE

Congratulations @mawit07! You have completed the following achievement on the Hive blockchain and have been rewarded with new badge(s):

You received more than 410000 upvotes.
Your next target is to reach 420000 upvotes.

You can view your badges on your board and compare yourself to others in the Ranking
If you no longer want to receive notifications, reply to this comment with the word STOP

Check out the last post from @hivebuzz:

Support the HiveBuzz project. Vote for our proposal!
0E-8 BEE

Yay! 🤗
Your content has been boosted with Ecency Points, by @mawit07.
Use Ecency daily to boost your growth on platform!

Support Ecency
Vote for new Proposal
Delegate HP and earn more

0E-8 BEE


Congratulations, @mawit07 Your Post Got 100% Boost.
@mawit07 Burnt 73.474 UPME & We Followed That Lead.

upme.link

Contact Us : CORE / VAULT Token Discord Channel

0E-8 BEE

@stdd denkt du hast ein Vote durch @investinthefutur verdient!
@stdd thinks you have earned a vote of @investinthefutur !

0E-8 BEE
(edited)

🍕 PIZZA !

I gifted $PIZZA slices here:
mawit07 tipped olympicdragon (x1)
@mawit07(2/5) tipped @furiousfighter (x1)

Learn more at https://hive.pizza!

0E-8 BEE