From splinterlands whitepaper snapshot of SPS distribution was summarized towards how SPS tokens will be distributed in the short period of 365 days this has been one of the longest airdrops I've participated in in the crypto space according to its whitepaper SPS will be a governing token use for making level decisions, asset ownership and staking in the blockchain game for rewarding in-game players.
SPS capped unit supply
Splinterlands token will have a total maximum supply of 3 billion units of SPS token that will ever be in existence/circulation from coinmarketcap there are over 784 million SPS which are currently in circulation, with a current market capitalization of over $53 million, these 784 million units are either held by investors, lock up in staking vault for price stabilization.
With 499 million units of SPS locked up for staking there are fewer SPS in circulation used for other trading activities.
Shift from distribution to utility
With 13.33% of SPS distributed during the airdrop the team will focus on creating more utility use case for SPS to avoid investors dumping the token over time, currently, the introduction voucher reward system, purchasing lands with SPS, participating in the tournament, and running nodes will be utility use of SPS token voucher rewards on staking SPS at 33% locking/staking SPS is more attractive to investors this minimize risk of losing funds in the volatile market, SPS-DEC liquidity pool also a passive income measure for accumulating more SPS are all utility measures to protect SPS price from further market manipulation.
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