Senior Tranche (SLP) (Low Risk): BTC: 25% ETH: 20% BNB: 2% Mezzanine Tranche (MLP) (Medium Risk): BTC...For instance, if a trader enters a 100 ETH long position, exposure is calculated as follows: SLP = 100...Additionally, LVL can be staked to earn either SLP or LGO, while LGO can be staked to earn SLP or redeemed...

When you win a game, you earn SLP, which serves as the primary income stream for many players....But in order to monetize their gameplay, they must sell SLP for fiat, which effectively increases net...SLP emissions....supply increase can be offset by stronger demand for breeding as breeding requires players to burn SLP...

SLP’s Hyperinflation Axie Infinity has been affected by the hyperinflation of SLP, a result of a high...SLP minting rate but a low SLP burning rate....minting to increase massively, as a greater number of players translates to more SLP minting.

SLP is earned (Minted) through gameplay and spent (Burned) through breeding of Axies....The recent increase in breeding activities has caused SLP to deflate momentarily as more SLP was burnt...SLP supply peaked at 584mil on 29th May and had a short period of deflation....Axies can be bred up to 7 times, but each additional breed costs more SLP.

It is important to note the varying valuation methods for Axie Infinity’s SLP tokens and Aavegotchi’s...SLP is burned when utilized within the game, implying the tokens have increased in value as the circulating...supply of SLP is reduced.

To Infinity and Beyond AXS and SLP are having a great day on the back of Axie Infinity’s latest announcement...The DEX will be bootstrapped with AXS/ETH and SLP/ETH pairs, offering token rewards to liquidity providers...Between July and September, SLP’s price fell by over 85% due to a supply overhang, as mentioned in an...for SLP.

Movers & Shakers Axie Infinity and Smooth Love Potions (SLP) Earlier this week, we highlighted AXS...inflation, which has direct implications as it will reduce the amount of daily SLP minted by over 50%...(the team is also exploring other alternatives to curb SLP emissions, as well as new supply sinks).

) without enough SLP burn to match it (breeding Axies)....with downward price action for SLP....Conversely, net positive SLP flow onto Ronin has previously precipitated upwards price action for SLP...Net positive SLP flow to Ronin in recent times could be hinting at a possible trend reversal for SLP...

...demand based on the continued increase in the floor price of Axies and the uptrend in the price of SLP...Breeding requires SLP and AXS, and it’s the latter of the two that creates a very interesting situation...Although the supply of SLP has held flat, its price has ~2.5x’ed in the past two weeks. ...

Firstly, RON was being farmed by users adding liquidity to the ETH/AXS and ETH/SLP pools on Katana for...This was largely fueled by the launch of RON farming rewards for ETH/AXS and ETH/SLP liquidity pools,...Currently available tokens are limited to ETH, AXS, SLP, USDC, and RON.

. – Everyone has been reset to 1200 MMR – Daily quest has been removed – Adventure mode $SLP has been...removed – $SLP rewards have been rewards at certain levels GL HF EVERYONE — Axie Infinity (@AxieInfinity...

, including the complete removal of daily quests and PvE SLP rewards....The changes have reduced the amount of SLP earned through the game each day by approximately 60%....and the subsequent reduction in SLP minting....likely in part due to the lag it takes for the supply shock to be seen in token prices, especially SLP...

ApeCoin and Axie Infinity’s SLP token were the least affected, but still saw their prices decrease by...

Before Ronin, breeders paid SLP and transaction fees in ETH, which was often too high for many users....They begin to farm SLP and sell it on the open market, but the bid for SLP is weak....Since SLP is used for breeding, that means a decline in demand for SLP, which is how the previously referenced...bid for SLP disappears.

ApeCoin and Axie Infinity’s SLP token were the least affected, but still saw their prices decrease by...active wallets is now down 6%, in-game transaction volume has dropped 65%, and the prices of AXS and SLP...

Currently, available tokens are limited to ETH, AXS, SLP, USDC, and RON.

Aggressive Shorting on AXS and SLP The entire market was down in the dumps last week, but this week...FTX listed a perpetual for SLP, Axie’s utility token, so now the Axie utility token and governance token...At one point, SLP was so heavily shorted that funding rates went to nearly -1.2% over 8 hours, or -1,315%...

To Axie’s credit, new and improved token mechanics have resulted in the in-game currency SLP remaining...relatively stable in price (more than 370M SLP tokens have been burnt).

The SLP cost per breed will triple. The AXS cost per breed will be halved to 0.5 AXS.

...since the Oct. 2021 highs alongside the rest of the market, with similarities in price action to Axie’s SLP...DEC is to Splinterlands as SLP is to Axie Infinity.