[SLP] – What is the SLP Token?
Axie Infinity’s Smooth Love Potion is awarded to players for winning battles in Axie Infinity’s game. SLP has no supply cap – instead, SLP is burned when players create a new Axie by “breeding” two existing Axies together.
This coin is currently traded on most major Exchanges, Uniswap, and Sky Mavis’s own RONIN Dex. SLP is the central coin of the Axie Scholarship business model.
Players who do not own Axies can obtain a battle-worthy team from an Axie owner. When a player wins SLP, a portion of that is returned to the owner of the Axies, while the majority is kept by the player.
Did You Know? SLP can be used as real-world currency at some businesses, such as Internet Cafes & Ice Cream shops in the Philippines!