SLP coin project

AXS can also be earned through various in-game events, such as becoming a top player in a particular season. SLP is the in-game token of Axie Infinity primarily earned through winning matches in the game .22 Ara 2021

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.

Starting on season 20, players will only be able to earn SLP by competing in Arena Mode . The Arena Mode is where you will battle other players and strive to win in order to increase your MMR and earn more SLP. In Arena Mode, energy is required in order to earn SLP (1 match consumes 1 energy).1 Mar 2022

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.

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.

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.