SLP tokenomics

Each Adventure/Arena battle will cost you 1 Energy. You need Energy to earn EXP in Adventure mode and to earn SLP in the Arena. This means that once your Energy has run out, then Adventures are the only way to farm SLP .

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.

Players need to enter every level with a team of three Axies, battle the non-player characters (NPCs), and win to earn SLP. Currently, a player can earn a maximum of 50 SLP / day through this mode.

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.

Smooth Love Potion Price Circulating Supply5,280,894,688 SLPTotal Supply5,280,894,688 SLPMax SupplyNo DataSmooth Love Potion price today, SLP to USD live, marketcap and chart coinmarketcap.com › currencies › smooth-love-potion

Smooth Love Potion (SLP) is an ERC-20 gaming token in the popular NFT game Axie Infinity. It has an unlimited supply and is the primary source of income for Axie Infinity gamers.26 Kas 2021