Oh boy 🙄. What we’re saying is Splinterlands is willfully exchanging assets for free or at a loss. That either means one of two things. The assets you’re getting is completely worthless (SPS, Vouchers, cards, potions - which is true for potions) as they can easily provide them with no cost or this isn’t a sustainable business as they’re giving out more than they’re taking in as they’re giving out assets with value while taking in nothing.
While people have the ability to create DEC I would say that Splinterlands has the ability to print DEC as they did when it was a reward. For example when it is a leaderboard reward or when it was a ranked battle reward. For reference the number of DEC in the open market over the past 120 days has increased 1B. I haven’t reviewed the amount of burned SPS in that time frame but I think the lifetime of SPS burned for dec is ~54M ~1.5B DEC created. About 1.4B DEC has been burned but there is still about 5.5 DEC out there. Sure there is carryover from before but with the amount of DEC created from SPS burn and the amount of DEC burned you would think the supply of DEC remained flat. Yet it increased 1B over 4 months. 🤷
But like I said I’m not 100% sure on the economics or all the ins and outs of Splinterlands. I’m just going with basic logic. If I’m missing something, happy to hear about it.