Splinterlands Status of My Rentals

In hopes of gaining more DEC with current assets I have push for more under utilized cards onto the open rental market. The results are reasonable as I am earning a few more DEC for cards that I basically have left inactive.

In total I am yielding close to 5.6% APR from overall value of the cards based on peakmonsters. However this percentage is deceptive since my investment in the cards have fallen dramatically since where I purchased them. In any case what little DEC I can scrap out now I would do so in hopes of collecting more HP and other Splinterlands assets.

From adjusting some of my card rental prices I have found that more legacy cards are undervalue in terms of their rentals and others simply have no market for. I hold a decent amount of alpha and beta cards so it is difficult to put these cards out for rental when there is not much of any bid for them.

Examples above is proof of what I am looking at. There are not much I can do as demand is weak for legacy cards. The ones who know they have an incentive to be used on land are few and far to attract. Meanwhile newer players are not even aware of the benefits of using legacy cards on land. Add to it not many active players hold legacy cards as their supply is limited and you have a recipe of lack luster utilization value for the older cards.

I do have cards that rent out earning a decent amount of DEC daily but the reality is these cards actual price when I purchased them far exceeds what peakmonsters is projecting for return on investment. It is very deceptive to believe that such high ROIs like 60% is even possible.

Take for example I bought a Kelya Frendul for a little over $20 and currently can rent out at 7 DEC a day. If the ROI is really 15% as listed on peakmonsters I would be happy but in reality the prices where way back when DEC and Hive were much higher in value. Take in current condition the card would have cost me 600 Hive at current prices. This is a max card but I know I did not spend that much in Hive for such a card. In fact the card is only worth $5.25 as of now.

Even at such a low price the ROI to breakeven on purchase of this card would take 2,440 days! That is more than five years and assuming it is always being rented out at 7 DEC per a day at all times. There is not much I can do other than continue playing through the rental markets for the time being in hopes of simply trying to earn more.

Thanks for reading this post.