Can I use my SLP to buy Axie?
Smooth Love Potion, aka SLP, is an uncapped utility token that can be utilized within the game to breed new Axies. The token can either be mined through playing Axie Infinity, bought via Uniswap, or earned by participating in various promotions or tournaments.
If you breed a “virgin” Axie (0/7) with an Axie with a breed count of (6/7), you will need a total of 0.5 AXS and 32400 SLP. If you breed an Axie with a breed count of (1/7) and an Axie with a breed count of (2/7), you will need a total of 0.5 AXS and 7200 SLP.
To play Axie Infinity's mini-games and start earning Smooth Love Potions (SLP), you will need a team of three Axies. At the lowest, some Axie are currently listed on the Marketplace for 0.003 ETH – just over $5. This means you could put together a starting team for under $100 if you only buy these NFTs.
Completing Axie Infinity's three daily quests used to see you rewarded with 25 SLP, but the Axie Infinity Season 20 update meant that these quests no longer give out SLP. Similarly, the Axie Infinity PVE adventure mode, that used to allow players to earn up to 50 SLP per day, no longer will reward players SLP.
Whereas SLP has an unlimited supply, AXS is limited to a maximal supply of 27 million. Like many governance tokens, AXS also redistributes value within the ecosystem.
1 AXS = 3,631.62 SLP
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There is a Daily Quest that resets daily where you can earn 50 SLP as a bonus. You can get this free SLP by winning 5 times in PVP and 10 times in PVE. In PVE, you can earn up to a maximum of 100 SLP per day. Meaning, realistically, you can earn 150 SLP per day at the minimum.
It revealed a new dimension to one of the biggest decentralized finance, or DeFi, hacks to date. According to The Block, hackers — identified by the US government as North Korean group Lazarus — targeted employees of Axie Infinity developer Sky Mavis.
Bearing all in mind, we can say that SLP price prediction is more than optimistic. You should invest in the currency if you are not afraid of fluctuations in value and changes in the market. Most importantly, you can invest in it if you like the gaming industry.
Smooth Love Potion (SLP) is the in-game currency of the blockchain game Axie Infinity. You can earn SLP tokens in the game and use them for breeding digital pets named Axies. Since SLPs are ERC-20 tokens, you can trade them with other cryptocurrencies on crypto exchanges such as Binance.
How can I buy a Axie?
On Coinbase.com, click the Buy panel to search and select Axie Infinity. On Coinbase mobile app, search for Axie Infinity by typing “Axie Infinity” into the search bar. When you see Axie Infinity appear in the results, tap it to open up the purchase screen.
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You will lose your tokens if you attempt to send them to an Ethereum address without first bridging them from Ronin to MetaMask.
- Set up a MetaMask account. ...
- Head to the Axie Infinity dashboard. ...
- Bridge your SLP to MetaMask.
To buy and sell Axie Infinity items on the Axie Marketplace; you must first have an Axie account. In addition, to store tokens, users must download the Ethereum Wallet. One that you can use is MetaMask. You can use MetaMask on both desktop and mobile.
