AXS and SLP are two of the most highly requested tokens due to the rising popularity of play-to-earn game Axie Infinity . In play-to-earn games, players can have ownership of their in-game assets, allowing them to rent them out to other players (called scholars) who earn from the time spent playing them.
Read moreCan I buy Axie using SLP?
No, you cannot buy an Axie with SLP . To buy an Axie, you need to use the native currency of Axie Infinity – the AXS token.
Read moreWhy AXS is higher than SLP?
Whereas SLP has an unlimited supply, AXS is limited to a maximal supply of 27 million . Like many governance tokens, AXS also redistributes value within the ecosystem. For instance, the breeding fee is paid partially in AXS, which is subsequently added to the community treasury.
Read moreIs SLP and AXS same?
There are Smooth Love Potions (SLP) and Axie Infinity Shards (AXS) . Smooth Love Potions are the game’s main currency and are used to breed Axies. Axie Infinity Shards are used as a governance token and also used to breed Axies.15 Şub 2022
Read moreWhat is AXI SLP?
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.
Read moreHow many SLP is AXS?
It starts at 100 SLP, and increases each time reaching 2100 SLP . This limit is set to prevent hyperinflation in the market. To stake SLP, a corresponding liquidity pool was created on Uniswap. Investors can also become donors by giving a portion of their Smooth Love Potion gains to a charity thus lowering their taxes.
Read moreWhat is SLP money?
SLP is the in-game currency of Axie Infinity . These include in-game activities such as completing daily quests, battling in-game enemies through adventure mode, or taking part in arena battles against other players.
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