6
I've been pretty bearish on DEC since I fully understood the tokenomics back in October. I made sure to convert most of my holdings over to SPS over time as SPS is a hard capped token and the one the team is trying to build as much utility into.
But...we're down 80% from the recent ATH and only about 3x the peg. While there is still significant risk of losing capital, the 100+% APR of DEC for the SPS airdrop has now become much more appealing. Plus, the team seems like they are brainstorming new ways to incorporate utility into the token.
Keep in mind this won't happen until after the airdrop ends and they explicity mentioned this in the SPS road map for this year. So while we may see DEC go back down to it's peg or even below the peg briefly, I'm curious as to how things will shake out for the token in the back half of the year.
To be clear, I am NOT buying DEC. I am just not selling it for SPS after I win it in game or earn it from rentals. And this is just a portion too, almost like a savings account that I may use for emergencies or to convert to fiat for something.
As always, not financial advice!
Livestreams on Twitch - https://www./ThisIsAfterSound
My music on Spotify/Apple Music/etc - https://linktr.ee/aftersound
Join Splinterlands: https://bit.ly/3EytmxR
Join Rising Star: https://www.risingstargame.com?referrer=aftersound
Join dCrops: https://www.dcrops.com/?ref=aftersound
Connect:
YouTube (music channel) - https://www.youtube.com/user/AfterSoundBand
Instagram - http://hyperurl.co/aftersoundinstagram
Tiktok - https://vm.tiktok.com/sfwC4f/
Twitter - http://hyperurl.co/aftersoundtwitter
Facebook - https://www.facebook.com/aftersoundmusic
Comments:
Reply:
To comment on this video please connect a HIVE account to your profile: Connect HIVE Account