Meanwhile, the amount of SLP tokens required for breeding depends on how many times the Axies have been bred. The cost of breeding begins at 900 SLP but increases gradually — rising to 1,350 SLP for the second breed, 2,250 for the third, 3,600 for the fourth, 5,850 for the fifth and 9,450 for the sixth.
Read moreHow do you get a SLP in Axie?
Owning over 20 Axies, for example, nets you 5 Energy every two hours, or 60 Energy per day. Owning between 3-9 Axies or 10-19 Axies will grant your 5 Energy in 6 and 3 hours, respectively. This means that, theoretically, if you spent 60 Energy on 60 matches at the highest level, you could earn up to 840 SLP in one day .1 Mar 2022
Read moreWhat is SLP used for in Axie?
Axie Infinity rewards consist of its own ERC-20 token, Smooth Love Potion (SLP). As a cryptocurrency, users can buy and sell SLP tokens on crypto markets. Within the game, SLP can be used for breeding new Axies , which can be traded as NFTs on the Axie Infinity marketplace.
Read moreWhy is SLP increasing now?
Why is SLP token price rising today? The main reason why the price of the SLP token is on the rise is the looming reduction of SLP token supply by Axie Infinity . Some may ask how the two (Smooth Love Potion and Axie Infinity) are connected.8 Şub 2022
Read moreIs SLP going to rise?
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.10 Mar 2022
Read moreWhy is SLP price decreasing?
Concerns around emissions of an in-game token caused falling user numbers and a drastic plunge in SLP prices. The developers behind play-to-earn protocol Axie Infinity have introduced important changes to the rewards system in an effort to create a more sustainable product for users.
Read moreWhy did SLP drop in price?
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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