In Axie, your MMR determines the amount of SLP you could potentially earn. This means that if you win against an opponent with a higher MMR than you, you will earn more SLP . On the other hand, if you win against an opponent with lower MMR than you, you may earn less SLP than normal. 1,000 mAXS = 1 AXS.
Read moreWhat is difference of SLP and AXS?
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 .
Read moreWhat is SLP coin used for?
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 moreDoes SLP get burned?
The average amount of SLP burned as a percentage of the daily issuance is 58% and we’ve been a bit lower than this recently.
Read moreWill SLP crypto go up?
It is for sure that SLP had a bullish increase in 2021 and at the beginning of 2022, so experts expect that it could reach $0.4002 by the end of the year . If we follow the current fast growth, it could easily go up to $0.1027 or even $0.5 although it is hard to achieve by the end of this year.
Read moreHow much SLP is burned?
These are captured in the graph below, which surfaces a few key observations: 1) SLP Minted is generally hovering in the 100-200M/day range, 2) SLP Burned is generally hovering in the 50-100M/day range , 3) the SLP Mint / Burn ratio is currently ~2.5 and currently moving upwards.
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