Philadelphia, Pennsylvania--(Newsfile Corp. - May 26, 2022) - Splinterlands kicked off their sale of validator node licenses at 12pm EDT on May 25, 2022. The licenses, which are available for public sale currently, allow for users to obtain Splinterlands' governance tokens, Splintershards (SPS), in exchange for running the free node software in tandem with owning a license. Node operators will earn from a monthly pool of 3,750,000 SPS per month, with 10% of the pool being designated for the top 50-100 node operators who are voted in using a delegated proof of stake system.
Splinterlands Sells Out Validator Node Presale in 11 Minutes
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The validator node license presale sold out within 11 minutes of going live, which account for 2000 license sales. This historic milestone resulted in a burn of ~14.5 million SPS and 1 million vouchers, with ~3.6 million SPS being added to the DAO. This accounted for the equivalent of roughly $4M USD in value. As of the time of writing this, less than 3 hours after the sale has been live, ~25M SPS has been burned or sent to the DAO through 2271 node sales.
The licenses are being sold solely in SPS and Vouchers, of which 80% of all SPS will be burned immediately upon a sale and the other 20% will be added to the DAO for the players to help govern. Liam Labistour, the Director of Growth for Splinterlands said...
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