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 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 moreWho owns SLP coin?
One of them is Axie Infinity , which has been growing in popularity since 2018. Axie Infinity rewards consist of its own ERC-20 token, Smooth Love Potion (SLP).
Read moreWhat is SLP in crypto?
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 moreWhat is the difference between SLP and AXS?
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.
Read moreWhy is SLP so low?
A recent report in the Financial Times suggested that one key reason for the SLP dip in price was players converting their tokens into cash rather than reinvesting them in the game , contributing to a glut of tokens on the market, weighing on the price.
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