By using its own decentralized exchange, Ronin Wallet users minimize their transactional costs when converting their AXS and SLP to other currencies . This also effectively introduces both an AXS and SLP sink – allowing for a healthier ecosystem overall.
Read moreIs AXS and SLP the same?
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 moreWhat 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.
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
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