Splinterlands dec to usd11/18/2023 ![]() ![]() As mentioned before, for this article, we're going to stick with BSC since it has the cheapest gas, and is what the majority of users will be utilizing, but the same process will apply to ETH as well. Next, we will go over transferring DEC into Splinterlands from your BSC/ETH wallet ( Transfer In). Transferring In DEC, From BSC to Splinterlands Generally, BSC transfers should be quite quick, though if you do not see them immediately, please be patient as the bridges and blockchains may have some slight delays. You can now check Metamask and confirm the tokens as being received in your wallet. Step 8: Once successfully processed via Terablock's bridge, you will see a banner notification in the top right of Splinterlands saying 'Tokens sent!', as seen below, as well as the 'Release TX ID' (in the section above) stop loading an actual transaction ID will fill in that space. Step 6: The site will refresh, and load the page below, showing you all of the information related to this transaction. If you have any issues with a transaction, make sure to save this information, as Terablock or Splinterlands support may need some of it. Step 5: You will be prompted to sign a transaction via Keychain. If everything looks correct, click Start Transfer: Step 4: You will be taken to the page seen below, showing the amount to transfer, the wallet address that will receive these tokens, the fee for Terablock bridge usage, an estimate of the gas required, and an estimate of the total DEC you will receive on BSC. Then in the dropdown menu, select Binance Smart Chain Wallet, then click Transfer: Step 3: Enter the amount you wish to transfer to your BSC wallet. Click the circle to the left of Transfer Out you will notice it is successfully selected by the circle becoming filled in: Step 2: Under the "Transfer DEC" section, you will see two options: Transfer Inand Transfer Out, each with their own button to select them. Step 1: On the top bar, click your DEC balance to navigate to the DEC management page: We will begin with transferring DEC from Splinterlands to your BSC wallet ( Transfer Out). Transferring Out DEC, From Splinterlands to BSC Once all of these steps are completed, you can begin transferring DEC into and out of Splinterlands.Īll transfers from these external chains are handled by bridges run by Terablock, a third party partner specializing in these sorts of cross-chain services. You need to have already set-up Metamask, added the BNB Smart Chain network (and possibly a new wallet, though any ETH wallet will also exist on BSC) in Metamask, and then linked that external wallet to Splinterlands. For this article, we'll stick with BSC since it has the cheapest gas, and is what the majority of users will be utilizing. The most common of these will be BSC (BNB Smart Chain) and ETH, both of which work essentially the same way. ![]() You can buy alchemy and legendary potions from the Splinterlands Marketplace when purchasing this DEC is burned.DEC ( Dark Energy Crystals) are a token that can be transferred to and from various external blockchains, into and out of Splinterlands. This ends up being a player-to-player transaction. This DEC is treated as company revenue.ĭec can be used to rent and buy other players' cards on the market. When it is an option, you can buy current packs from Splinterlands valued at 1000=$1.00 even if DEC is above or below peg. This will burn the DEC and remove it from circulation. You can use DEC to upgrade your guild buildings to increase the strength of your guild and move to higher tiers. Most of the time, this is below the price of what you could sell it for - so be careful. These leaderboard rewards will also add to the total supply.Īny cards in the game will have a power value which you can burn them for to create DEC as well. There are leaderboards in each league each season that pays out DEC. The current liquidity pools paying out DEC are DEC-SPS, DEC-Swap.hive, DEC-DAI, and DEC-BUSD. There are currently DEC rewards being paid out from certain liquidity pools to help give liquidity to our tokens for the game. This will drive value for the SPS token, keeping the DEC from going too far above the peg. This method can be good for the economy as when DEC goes above peg, you can burn one dollar of SPS to get 1000 DEC even if it is above peg. There are many ways we put forward to burn DEC and create new DEC when it is needed, giving value to other tokens. We always strive for DEC to get to its peg of 1000=$1.00. DEC is currently the in-game currency for Splinterlands. ![]()
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