What is the use of SLP in Axie?

Smooth Love Potion (SLP) is the in-game digital currency of the Axie Infinity gaming metaverse. It enables the game’s players to breed collectible digital pets — known as Axies . The overall demand for SLP tokens has grown such that they are also traded on cryptocurrency exchanges.

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How does staking work in AXS?

By staking your AXS you’ll be able to earn AXS rewards when you lock up your tokens through the staking dashboard . In the future, staking AXS will give you voting rights and a say over the use of the Community Treasury which now holds over a billion dollars in tokens.

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Where can you stake AXS?

If you’ve already bought your Axie Infinity AXS tokens on the Binance exchange you can stake these on Binance Earn to earn up to 131.25%. With Binance Earn, you can currently lock your AXS tokens into a fixed 30-day term and earn 115.25% APY.3 Şub 2022

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