Participating in First Splinterlands Governance Voting

The longevity of a crypto project has a lot to do with its devolution or decentralization features as the case. Either of the two features is crucial if the crypto project must reach into the future. The Splinterlands team understands the need to open its decision portals as the game grows to accommodate the suggestions and expectations of the game's investors, hence, the SPS DAO Proposal.

A proposal is a suggestion to change something in the Splinterlands game or ecosystem. Players with staked SPS can vote for or against these proposals. Each staked SPS token will be worth one vote, so the more SPS tokens a player has staked, the more they will be able to influence the results of the votes.

One of the very unique updates in the Splinterlands ecosystem is the introduction of DAO proposals where players with staked SPS can vote for or against these proposals. This development has added a new unique utility to Splintershards token (SPS) and is believed would dive the token into a range of greener candles. Each staked SPS token is worth one vote, so the more SPS tokens a player has staked, the more they are able to influence the results of the votes.

I have participated in the firs SPS Governance Voting casting my vote with 801 SPS staked. That may look quite small but actually cool lending my voice in the future of SPS rewards for ranked battles. I actually voted for a YES. So far, the proposal had passed with over 75% of the SPS stakeholders voted casted in favour of the proposal.

We are anticipating the next phase of development in Splinterlands DAO where users can be allowed to create their proposals which I believe would require a burn some SPS tokens. A similar is happening with the Splintertalk Proposals.

The growth of LeoFinance's PolyCUB with over $11k monthly revenue generation has shown the efficacy of DAO governance, since investors needed to stake more of their POLYCUB's into xPOLYCUB and vexPOLYCUB in order to decide which pool in the Multi-token bridge gets more rewards. When that time happens for games within the Splinterlands ecosystem have to struggle for rewards allocation, the beauty of the SPS DAO would play out more clearly.

Without mincing words, there is going to be a growing demand for $SPS in the coming weeks and months and Splinterlands would not just top the charts in terms of game players, but the global P2E stats would also favour Splinterlands in terms of SPS market cap and price which will grow exponentially.

I'm looking forward to growing my SPS stake to also get positioned to draw more dividends from the future development and growth of the Splinterlands game ecosystem.

Did you vote for the first Splinterlands DAO?

Splinterlands game is termed the "next generation of collectible card games" in which allows players to collect, trade, and battle with provably scarce digital collectibles with real-world value. Battles on Splinterlands Unlike most trading card games, are fast and furious, and are usually completed within few minutes. The Splinterlands gameplay is simple and easy to learn viz: reviewing combat rules, making and submitting of the team and watching the battle unfold.