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Charlotte
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Charlotte
Asked: February 25, 20222022-02-25T12:36:42+00:00 2022-02-25T12:36:42+00:00In: DeFi

What is Smooth Love Potion (SLP) and how does it work?

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As referenced, Smooth Love Potion (SLP) is the local digital currency of the Axie Infinity game. Recently known as “Little Love Potion”, SLP is an ERC-20 gaming token with a limitless stock. As of November 2021, SLP’s market cap came to $197 million USD with a coursing supply of more than 3 billion.

SLP can be procured through finishing day by day journeys or taking part in fights or undertakings in the game. Subsequent to achieving a specific measure of SLP coins, gamers can begin to raise their one of a kind Axies. The expense for reproducing each Axie varies, as it relies upon the variety counts of the prior Axies (the guardians). Axies can raise a limit of multiple times each. As the variety count gets higher, more SLP is required.

SLP is an altcoin that has a consuming instrument. After each Axie rearing, the SLP tokens utilized will be singed for eternity. As players can cultivate a restricted measure of SLP in the game each day, the symbolic interest is relied upon to develop as players attempt to stretch out beyond the reproducing game. The SLP cost fluctuates as per the powers of market interest. It arrived at an unsurpassed high of $0.41 in July 2021.
Inside the Axie Infinity metaverse, SLP is something beyond a game money for rearing new computerized pets. It is likewise a prize token for players when they arrive at new levels or win battles with their Axies. Then again, holders can estimate on the SLP cost and exchange it on crypto trades like Binance. SLP is additionally accessible on the Uniswap liquidity pools. SLP is currently essential for the play-to-acquire development that allows players to procure a pay by playing Axie Infinity.

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