In my first few weeks of playing Splinterlands, I thought the easiest way to earn is by playing ranked and getting DEC rewards.
So I put some money to DEC to rent out the cards that I think I need.
After 2 seasons of playing from Bronze to Champion league, I got more or less 6k CP from DQ, EOS rewards and 500 Champion Points.
Yes I got lucky with Legendary monsters and CL Packs given in DQ and EOS chests shhh
I spent roughly 26k DEC rental expenses.
I got 23% of DEC spent converted to CP.
Another figure I noticed is that One-third (1/3) of the DEC rental expenses are for the End of Season (EOS) Chests. This is just for the CP requirement, no matter what card I rent.
Fortunately, a good friend @gambit-x introduced how I can get more free CP through guild brawls. With gratitude, I joined YGG guild Yield Guild Roosters.
In case you need a guild, we are still recruiting players. We only request that you have at least 15k CP and at least Silver 2.
Aside from Gladius cards I got, I also got to dig deeper on the economy of Splinterlands.
I realized that there are cards being sold at cheap prices (high CP/DEC) so I bought them mainly for the CP. These CP are usually 45%-55% of the DEC I spent. Sample is a 100 CP purchased at 198.258 DEC.
Although these are cheap, they can still rent out easily so I immediately get back some DEC I used for purchase. And yes I am still getting DEC from my rental income daily.
I only lose half (roughly 50%) of the SPS Airdrop points after purchase, but I gradually get them back from rental income.
I also convert the SPS I got from Airdrop to purchase more cards, but after this recent townhall, I don't think this is a good idea anymore. I am now bullish on SPS.
Just for this season, I already bought around 32k CP all thanks to YGG people for sharing their knowledge.
I have also tried flipping the cards, but rental seems to be more profitable. A week or two of renting already surpasses the profit from reselling the card at a higher price.
This is a sample forecast of my CP build-up in Splinterlands.
TL;DR
Feel free to let us know of your tips to build your collection power.
Abbreviations used:
CP - Collection Power
DEC - Dark Energy Crystal token
DQ - Daily Quest
EOS - End of Season
CL - Chaos Legion
SPS - Splintershards token