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RE: Can we Treat DEC like a Stable Coin...?

in LeoFinance2 years ago

CL packs have two major strikes against them right now. One is that we're in the middle of the run so there's no fomo to get the cards early and there's no worry about them selling out.

Two is that with the recent price rout, it's hard to get even $2.50 worth of cards from the packs. Of course if the alternative is buying the cards with dec on the open market, with dec at these levels you get ripped off there too. Eventually both dec and the cards will go back up and it won't really matter what you did now.

More than anything, pricing packs in DEC gives the market a way to price packs more than it does a way to price dec. Packs now float.

!WINE

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Yes it's a slow wait for those packs to go! But as you say, they will... I just hope they don't flood us with too many more when Rift Watchers comes out and that LAND soaks up most of the current supply.

My brain-thing reasons that LAND is going to be designed to soak up probably about five times as many cards as already exist (because they'll be thinking ahead) which will hopefully give an uplift to demand for cards.