Good morning my Praetorian pals!!
It's time for another Daily SplinterLANDs 1.75 Resource Snapshot and I've added a few NEW things again - read and see!
I've changed the payout this time to 50% @SPS.DAO and on Beaker007's suggestion, due to the growing complexity (time required) and usefulness... 50% of this for myself so I can stash some DEC for the upcoming @splinterlands set Conclave Arcana... if you haven't checked out the latest Town Hall... it's got everyone HYPED!!!
@beaker007 has provided another sweet tool on top of Bee Balanced - although it's still in Beta I will continue to include it in these posts and continue to highlight their awesome work for the community!! Check out the emerging Graph Data on their site:
https://demo.spl-stats.com/land-resources
I believe that will be a fantastic addition to these "Trackers" and until something better comes along, I'll post these Snapshots along with Commentary and Analysis every morning! Now let's quit yapping and get to it!
Like yesterday, most Resource prices continue their downward trend this morning as more PP has been reallocated by players.
Grain: Grain is still sliding back from the 1 DEC = 50 Grain high to 1 DEC = 88 Grain amount with a 7.71% decline today. The good news for us Praetorian Farmers is this is still up almost 100% from the ATL of roughly 168 Grain/DEC though!
Wood: Wood prices have pumped dramatically ~31% or so from yesterday and according to my revised math on the PP vs Grain... Wood should stabilize around ~ 4:1 Grain Price...
PP Based Pricing Metrics are 4:1 Grain:Wood or 1,000 Wood:45 DEC... and that's roughly where we are!
Stone: The price of Stone has continued to fall... like a stone... and dropped another 21% or so today.
PP Based Pricing Metrics are 10:1 Grain:Stone so Stone should be at roughly 1000 Stone = 113 DEC or so based on current Grain Price so we may still see Stone drop another 40% or so...
Iron: Iron prices were relatively stable over the last 24h with little movement, edging lower by 1.63%.
PP Based Pricing Metrics put Iron at 40:1 Grain:Iron so at current prices Iron is a little overvalued with the suggested ratio having a price of 1k Iron being worth 454.44 DEC/.
Yesterday, I observed based on PP Pricing Metrics that Wood was undervalued at 31 DEC for 1k Wood and should be trading closer to the 4:1 Ratio of 50 DEC due to Grain being roughly 12.5 DEC for 1k Grain... today we see that trend to be relatively accurate!!
Grain slipped a bit to 11.361 DEC for a kilo of Grain but Wood jumped to bridge the gap and is trading at 42 DEC for 1k Wood which is just shy of the 4:1 mark 😊
We are burning through a massive surplus of Grain... what happens to all resource prices when this is gone?
If the PP Based Pricing Metric holds true... the only reason Resource Prices are so cheap... are because Grain is still relatively cheap... right??? I dunno... could be wrong... we'll see!
I hope this helps people visualize what the prices of these resources are doing post Land 1.75 Release!
Cheers 🍻,
- CaptainDingus
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