Your Splinterlands assets are more valuable than you realise

In case you missed the announcement, @splinterlands will be launching a governance token that they intend to airdrop on players starting in July. This move marks an interesting evolution in our favourite card battle game. The game is taking steps to improve user experience, as well as reward loyalty.

According to the announcement, the airdrop will start in July and will run for a year. This airdrop will reward players Sps tokens based on the value of their Splinterlands assets. What is SPS token you ask? Well, that's the new governance token that will be used on the game and stands for Splinterlands shards. You can check out the Lore of the token on the official announcement.

I outlined some important points about the tokens distribution, supply and airdrop

• The Splintershards token will be set up as a Decentralized Autonomous Organization or DAO via a series of smart contracts(BSC)
• Users will be able to stake their SPS tokens in the smart contract at which point they can be used for governance voting in the DAO.
• A maximum supply of 3,000,000,000 will be created, with 13.33% of the SPS token to be airdropped
• Airdrop will span a period of 1 year, starting from July and will be based on the amount and type of Splinterlands assets held in your account.
• Information about claiming your airdrop will be released at a later date
• The sps token will also have a reward based staking function for players.
• According to the roadmap, features will be rolled out at various points of the year, with everything expected to be complete by Q1 of 2022

Sustainable development

From my perception, this move looks like a bid to reward loyalty but at the same time, create something that is sustainable and has long term benefit. First of all, the fact that the airdrop will be spread over a one year period is pretty cool, and protects the token from following the usual pattern of airdropped tokens that go down the toilet immediately it gets into the hands of hodlers.

The plan adds a new token to the ecosystem, and extra value. If you're like me, you probably get tired of tracking assets, but it sounds exciting, so I'll be looking forward to adding it to my portfolio.

This move also encourages more participation in governance of the platform and of course playing. The easiest way to earn from this airdrop will be to dive into the market to buy a lot of cards, but with nothing specific about the airdrop pattern mentioned, it will be better to wait until there's further clarity.

What I can say for sure is that this is the best time to accumulate cards and maybe DEC. If everything goes according to plan, that SPlinterlands deck in your position might be a gold mine you were sitting on the whole time. Fingers crossed.

Announcement on Hive
Whitepaper

Posted Using LeoFinance ^Beta