Quest Potions Produced a 357% ROI after 7 Days | Splinterlands #112

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Avatar for merurial9
3 years ago

Ever since @costanza made a post about Quest Potions, I was intrigued by this. I wasn't aware of these potions and that purchasing them provides 5 extra loot chests when completing your daily quests. Naturally, I jumped in and decided to run a 7-day experiment. I realized we are in a terrific bull run of late with splinterlands, but the results more than exceeded my expectations.

 

The Initial Costs

I bought 7 Quest Potions using credits that I had made from referrals. This set me back $4.83 (a discounted $0.69 per Quest Potion - it pays to be part of an active guild).

 

7 Days of Quests Tracking

Over the next 7 days, I tracked the rewards received from completing daily quests, the DEC price according to coingecko, and the number of chests.

Not bad for a week of playing splinterlands! But the question remains, how do I know if the Quest Potions returned a profit or not?

 

Calculating the Quest Potions Return

What I decided on was to determine the USD value per loot chest. This can be easily calculated by taking the total USD value of the loot chests and dividing it by the number of loot chests received that day. For each day, we can calculate the value of the 5 additional loot chests received from the Quest Potion.

Based on the above calculations, after the 7-day experiment, the Quest Potions generated $17.26 worth of rewards. That’s a 357% ROI ($17.26 / $4.83)!

 

Conclusion

There's so much to still learn about splinterlands, and this was a fun experiment that turned about to be very profitable. After the experiment, I immediately purchased 100 (+15 free potions) Quest Potions for my main and alt accounts, costing $138. You might as well let the good times flow while it lasts for splinterlands!

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Thank you for reading, and I hope you have a good rest of the day!

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Avatar for merurial9
3 years ago

Comments

This sounds so sweet and you tell well how sweet this article is

$ 0.00
3 years ago

I will be at 7 days tomorrow. But after that still 108 days left. I do hve a profit of 20% for the moment with no exceptional rewards. So it looks profitable at the moment! Going to buy new ones?

$ 0.00
3 years ago

For sure!

$ 0.00
3 years ago

Those potions do sound sweet! The only issue I have is that I set a clear rule to not invest, only to earn everything

$ 0.00
3 years ago

Paul can you elaborate more on your comment? I am not sure I fully understand it and want to know if there is something I can learn from your approach? :)

$ 0.00
3 years ago

When I started focusing on this crypto Content Creator thing and all related earnings including play2earn I set a clear boundary to never invest money (unless its a requirement, like the spell book for Splinterlands). My whole journey from April 2020 was guided by this rule, even if sometimes I may lose some potential profit. Its about everything not Splinterlands only

$ 0.00
3 years ago

Ah thank you! I understand now. I should've been more clear in the post - purchasing the 2x 115 potions was funded from DEC i.e. no outside fiat .

$ 0.00
3 years ago

Than its fine than! I don't have so much so can't spend

$ 0.00
3 years ago