AXS staking

By using its own decentralized exchange, Ronin Wallet users minimize their transactional costs when converting their AXS and SLP to other currencies . This also effectively introduces both an AXS and SLP sink – allowing for a healthier ecosystem overall.

What’s the difference? Smooth Love Potion (SLP) is a cryptocurrency users receive for playing Axie Infinity and is primarily used for paying breeding fees however it can be sold on exchanges. Axie Infinity Shards (AXS) is ERC 20 governance cryptocurrency for the game which allows for staking and payment use.