"Became a merchant" Challenge Diary (after 5 weeks)

peter.quill

Published: 08 Feb 2026 › Updated: 08 Feb 2026 "Became a merchant" Challenge Diary (after 5 weeks)

"Became a merchant" Challenge Diary (after 5 weeks)

Hi!

At the beginning of this year, I started a challenge related to Splinterlands Market Pools. You can read about it in this post

In this article, I would like to share the status after the first 5 weeks.

What do I do every Sunday?

As I described in my initial post, I provide 10k DEC worth liquidity to the five pools (2k each) each week. I also try to maintain the balance between them (20% each), so if one liquidity contains more value, I will put less DEC into that.

Steps for each pool:

Calculate how much DEC I will invest in the pool (e.g., 2000 DEC)
Buy the particular asset for half of the DEC (e.g., GRAIN for 1000 DEC)
Put the remaining DEC and the asset into the corresponding pool (DEC-GRAIN)

Why are we starting immediately with a -10% loss?

Currently, if you would like to swap your DEC to any other asset (VOUCHER, GRAIN, WOOD, STONE, IRON), you must calculate with a 10% fee. E.g., if you want to buy GRAIN from 1000 DEC, you only get GRAIN after 900 DEC.

The rule is the same in the other direction. If you would like to sell 1000 GRAIN, you will only get DEC after 900 GRAIN. When I will once "cash out", I will be able to sell only 90% of my assets :S

So reaching our goal will be a little bit harder, because we have to make at least 10% profit to reach only the break-even point.

When I calculate the DEC to invest, I use the following formula:

DEC to buy the asset = DEC to invest / 19 x 10

(I need 10 part of DEC and 9 part of the asset for the liquidity)

Aggregated transactions (week 1-5)

Market	DEC Investment	Asset Investment	Asset Amount	Average Asset Price
VOUCHER	4,979.122	5,532.381	179.793	30.77084
GRAIN	4,762.006	5,291	281,055.069	0.01883
WOOD	4,879.239	5,421	120,470.745	0.04500
STONE	4,499.341	4,999	51,306.988	0.09743
IRON	4,562.298	5,069	10,883.095	0.46577
Total	23,682.006	26,312.381

Asset price changes

Asset	Initial price (01.04)	Price after 5 weeks	Change	Change %
VOUCHER	35.58400	27.61209	-7.97191	-22.40%
GRAIN	0.01944	0.01812	-0.00132	-6.80%
WOOD	0.06310	0.04157	-0.02153	-34.12%
STONE	0.09417	0.10533	0.01117	11.86%
IRON	0.49252	0.49672	0.00420	0.85%

Currently, only the price changes of STONE and IRON are positive, but thanks to the multiple transactions and balancing, we don't have such a huge loss.

Portfolio Status

Market	Investment	DEC value	Asset value*	Total DEC value	Profit	Profit %	Percentage
VOUCHER	10,512	4,743	4,269	9,012	-1,500	-14.27%	20.10%
GRAIN	10,053	4,692	4,223	8,915	-1,138	-11.32%	19.88%
WOOD	10,300	4,714	4,243	8,957	-1,344	-13.04%	19.97%
STONE	9,498	4,707	4,236	8,943	-555	-5.84%	19.94%
IRON	9,631	4,745	4,271	9,016	-616	-6.39%	20.11%
Total	49,994.387	23,601	21,240.9	44,841.9	-5,152.487	-10.31%	100%

* Asset value = 0.9 x DEC value

Summary: Although there were massive price changes, we only have a -0.31% loss above the initial -10%. I'm still curious 😉

Thank you for reading this!

Peter

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"Became a merchant" Challenge Diary (after 5 weeks)