My Splinterlands Rentals Status
With the new season rolling for past couple of days I was surprise to see that my rental income did not rise. Usually in the beginning of the season I would see around 5k DEC in rental income as many of my cards are rented out for the remainder of the season, but current season is not actually happening.
My rental income is actually half of the max possible earned at current standing which is not good. The overall rental market has gone down and now I will need to ponder if I want to lower my rental prices or do I stick it out and wait until demand rises as the season rolls. The deeper we are through the season the less DEC needed to rent as the rentals are only season rentals.
The staked SPS rental market is bone dry too at the beginning of the season and I barely got out any of my small SPS staked out to rent even at the lowest possible price.
In total there are close to 63k in cards available to rent.
My initial thought is to adjust my rental prices so that I can earn more DEC with lowering rents. On the flip side I am earning less which feeds into the negative feed back loop of DEC and SPS price falling.
Ever since Conclave the price of DEC has continue to trend down but on the flip side I am earning more DEC in my stakes. If somehow DEC prices stabilize then even rolling down my rental prices will not be as painful.
Posted Using INLEO
It's hard to know what DEC will do, but the rental market cooling off isn't good. I wonder if the foundational format is affecting things.
I too have noticed a dip this season. I did manage to lift it a little (20DEC/day) by going through and checking my rentals, I found some max Legendry and Epic cards that had somehow come off rent, there were some others too, but I'm not 100% sure I had those up for rent previously, whereas I KNOW I had my max cards listed originally.
We are running about the same level of rental income but you seem to have 4 times the value in your account. My account is only for rentals, maybe you have your playing deck in there too ?
Have you seen this Rental RoI tool by @arc7icwolf ? https://splinterroi.streamlit.app/
I indeed have playing and rental cards all in one account. The other factor is I have a lot of legacy cards and they are not in high demand. I lower rental prices just to earn some DEC, but worry it will hurt the overall market by continuously pulling down prices to attract demand. Instead I could also hold off a bit in hopes more demand comes in and my cards do get rented out at current prices.