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RE: LeoThread 2024-01-23 03:25

in LeoFinance9 months ago

Check where your opponents in Splinterlands send their tokens to a lot of value is leaving the ecosystem. Offramps: SPS to crypto.com SPS swapped on UNISWAP, sps and DEC swapped for swap hive and withdrawn from tribaldex then sent to Binance @binance-hot on hive and its gone... sold on the exchange and spent on groceries. Selling pressure on all sorts of tokens frome HIVE to DEC and SPS
But I am sure the offramp of hive from blogging rewards is also quite the flow...

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the numbers may be wrong, but if 20% from userbase are just selling - its puts huge pressure on the game.