Splinterlands - Rental Market Where It Stands Now?

There is a little over 1 day left in the season and rentals will be in the uptrend since there are players that need enough collection points to obtain specific season ending league rankings. However even with the uptrend in rentals the prices are not rising at the same rates.

Uptrend in Rentals But Downtrend in Rental Fees

The trend in rental fees is not ideal right now for renters. Over the seasons as Chaos cards continue to sell players have enough opportunities to obtain permanent collection power rather than temporary rentals. On top of that the rank battle earnings have dropped as DEC prices is in a downtrend.

The down trends in rental prices are real and not anything can really stop it. The amount of players joining has the opportunity now of purchasing cards to build up their collection points permanently. There is still over 6 million Chaos packs still available packs to sell and millions of rewards cards to earn. The demand for rental cards simply not as strong as past seasons.

Proof of Rental Fee Dropping

I personally have experienced the rental fee drop for multiple seasons and can be seen in my season ending review posts. I was at a peak of nearly 90k DEC a season about two months ago and now am lucky to even make 30k DEC a season. A majority of my cards out for rent are alpha and older versions of reward cards. My ROI % average yield for a year based on my collection price has shrunk down to single digits.

Currently around 9% yield for me on the day before the season is over. This is representing a better day than what I am typically earning for the day. I am now just lucky to even earn 2k DEC in rentals and I have over 700k collection points out for rent. This is equating to about 350 points per DEC.

Conclusions

Near the end of the season I should be adjusting my rental prices to potentially earn a lot more, but I have not. With a lot to juggle I am letting go of the potential DEC I can earn with price adjustments. I do not intent to readjust my prices because I will also have to adjust them after the season ends since new seasons tends to start with less rent. Readjusting rental prices will take hours and multiple days to perform. I prefer to spend my time playing the game rather than playing the rental market prices.

To look at a perspective of how bad my earnings are the snapshot above shows how many cards currently are renting out in more than 250 collection points per DEC. There are less than 10 cards in circulation that are being rented out at those or more. Over hundreds of other cards are offering at prices much higher than where I have set and be mindful there is still at least another full day before season ends.

Bottom line the potential of rental earnings are not totally lost. I believe from my own experience I believe many other players who have cards out for rent are doing mostly the same thing. That is we reduce the price of rentals and continue to do so in hopes of keeping cards rented while not increasing the prices when the demand near end of season rises. This is proof with the consistent drop in rental price peaks near end of season for the past four seasons.

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!