What is the use of AXS token?

Players are able to earn two tokens, Axie Infinity Shards (AXS) and Small Love Potions (SLP), by playing Axie Infinity in either Adventure or Arena modes. AXS serves as a governance token, allowing token holders to vote on the future development of the gaming experience . SLP is the in-game token used to breed Axies.

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How do you earn AXS tokens?

Players will also be able to earn $AXS when they play various games within the Axie Infinity Universe and through user generated content initiatives . Players will be able to lock up their tokens to receive newly created AXS. Stakers will also be required to vote and play to claim rewards.

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What are AXS and SLP?

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.

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Why 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.

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Is 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

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