SLP Cryptocurrency Introduction
SLP stands for Smooth Love Potion, which is the native cryptocurrency of the Axie Infinity game. It is an infinite supply ERC-20 game token primarily used for generating new pets in the game (also known as breeding pets).
Uses of SLP
- Generating new pets in the game: Players can earn SLP by completing daily tasks, PK battles, and adventure mode, but there is a limit set.
- In-game economy model: SLP is part of the Axie Infinity game's economic model which, through its unique economic model and blockchain structure, enables the game to have a money-making effect.
Features of SLP
- Infinite supply: The maximum supply of SLP is infinite, leading to constant token inflation and consequent price depreciation.
- ERC-20 token: SLP is an ERC-20 token based on Ethereum.