News Explorer — Axie Infinity Caps Reward Token Supply to 44 Billion In Effort to Stabilize Its Earning Model

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Jan 11, 9:56 pm

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Axie Infinity Caps Reward Token Supply to 44 Billion In Effort to Stabilize Its Earning Model

Axie Infinity, the play-to-earn game, is reworking its reward token, Smooth Love Potion (SLP), to stabilize its earning model. The supply of SLP has been capped at 44 billion, and a stability fund has been established to balance supply and demand. SLP's price has risen 8% in response to the news, but it remains down 99% from its 2021 peak.

Axie Infinity, the play-to-earn game, is reworking its reward token, Smooth Love Potion (SLP), to stabilize its earning model. The supply of SLP has been capped at 44 billion, and a stability fund has been established to balance supply and demand. SLP's price has risen 8% in response to the news, but it remains down 99% from its 2021 peak.

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