Splinterlands (SPS) Price

SPS (Splintershards) is the governance token of the Splinterlands ecosystem. Its basic role is to let players, game-asset holders, and other participants express their views on token-related matters through the DAO; it does not represent ownership of the Splinterlands company. The official disclaimer expressly states that SPS does not grant holders equity, securities interests, future revenue sharing, intellectual-property interests, or other participation rights in Splinterlands or its affiliates. When understanding SPS, DAO token governance rights should be distinguished from company-level shareholder rights.

The practical core function of staking SPS is governance participation: governance voting weight is calculated based on the amount of SPS staked, so more staked SPS carries greater voting weight on the same proposal. That weight applies to matters within SPS DAO authority, such as the supply, issuance rate, and distribution of SPS, VOUCHER, and LICENSE, as well as the use of funds held by the SPS Foundation. Staking and voting do not themselves amount to obtaining company shares or the right to require the company to implement game-feature changes.

The SPS DAO can directly govern the supply, issuance rate, and distribution of the three token types SPS, VOUCHER, and LICENSE, and it controls funds held by the SPS Foundation. For these objects, a governance proposal does not require approval from the Splinterlands company after it passes. The boundary is equally important: the Splinterlands game, website, and other products and services provided by the company are owned, maintained, and operated by the Splinterlands company and are not directly controlled by the SPS DAO. The DAO may propose product changes it hopes the company will adopt, but even if the community approves them, the company ultimately decides whether to implement them.

SPS can be used within the Splinterlands ecosystem and DAO contexts, with the clearest use being voting on token-related proposals after staking. Official materials also list ecosystem uses such as delegation, staking-reward boosts, and bids in the SPS rental market. These uses should not be understood as control over all game features: whether certain promotional card sales or validator-node licenses accept SPS depends on the rules of the relevant product, while the game products themselves remain company-operated. Users should separately confirm whether a feature requires staking, whether delegation is permitted, and the product rules that apply.

SPS has a maximum total supply of no more than 3 billion tokens and is issued or unlocked under a prearranged schedule. The two largest categories each account for 30%: 900 million for Play to Earn and 900 million for staking, liquidity, and oracle rewards; both are scheduled to be released over approximately 65 months. The remaining categories and schedules differ: 400 million for the airdrop, issued over 12 months; 300 million for the Foundation/DAO, over approximately 65 months; 200 million for the private sale, unlocked over 10 months; 270 million unallocated, over approximately 65 months; and 30 million for partners and advisors, unlocked over 24 months. Allocation caps do not equal circulating supply at a given time; release schedules determine when different categories become available.

Officially listed ways to obtain SPS include earning rewards through ranked battles or guild brawls, claiming and then staking SPS, and purchasing or transferring through compatible wallets. Their eligibility conditions and operational paths differ: game rewards depend on the rules of the relevant activities, while purchases or transfers depend on the rules of the wallet or service used. Obtaining SPS does not automatically grant company rights; if a user subsequently wants to use its governance functions, they must stake it through the applicable mechanism. Before acting, users should distinguish reward eligibility, wallet transfers, and possible fees or restrictions arising from the product service itself.

No. Holding SPS does not mean holding shares in Splinterlands, nor does it mean the holder obtains economic ownership of the company, its affiliates, or their products. The official disclaimer expressly excludes equity, securities or equivalent rights, future revenue sharing, intellectual-property rights, and other participation rights. The boundary of SPS rights is its use on the platform or in the DAO; this is a different legal and product relationship from the rights that company stock may carry.