Axie Infinity Removes Token Rewards (SLP) On Classic Mode
In an August 12 announcement, the Axie Infinity development team announced that it would be removing token rewards (SLP) on classic mode, citing it as part of an effort to balance the economy for tokens. Smooth Love Potion announcement.
Axie Infinity attracts users to a new mode
Blockchain game play for money (P2E) Axie Infinity (AXS) has completely removed token rewards from its classic game mode to lure its users to a new game mode called Axie Infinity Origins.
The Axie Infinity team has announced that starting Friday, no Smooth Love Potion (SLP) will be produced on its classic mode. According to the team, the SLP rewards will be carried over to their new game mode. However, minting will not be available for 30 days as the team conducts a monitoring phase to look for bugs, abuses and exploits.
In addition, the team emphasized that switching from the classic game mode to the new game mode will help “balance the SLP economy”. By removing the classic bonuses, the team will also allow SLP to be used to generate more in-game boosts like runes and charms in the new mode to add utility to the SLP.
In February, the Axie Infinity team also removed the adventure minigame SLP and classic mode daily quest rewards in an earlier attempt to balance the economy for the SLP token. Despite the team’s efforts to make economic adjustments, the token is still down 98.7% from its all-time high of $0.39 in July 2021.
Although the crypto tokens of the Axie Infinity project did not perform well during the crypto winter, the NFT trading volume for the project increased by 205% in July. Its co-founder Jeff Zirlin noted that the project is “healing,” referring to the positive reception of the game’s NFT grounding feature.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
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Axie Infinity Removes Token Rewards (SLP) On Classic Mode
In an August 12 announcement, the Axie Infinity development team announced that it would be removing token rewards (SLP) on classic mode, citing it as part of an effort to balance the economy for tokens. Smooth Love Potion announcement.
Axie Infinity attracts users to a new mode
Blockchain game play for money (P2E) Axie Infinity (AXS) has completely removed token rewards from its classic game mode to lure its users to a new game mode called Axie Infinity Origins.
The Axie Infinity team has announced that starting Friday, no Smooth Love Potion (SLP) will be produced on its classic mode. According to the team, the SLP rewards will be carried over to their new game mode. However, minting will not be available for 30 days as the team conducts a monitoring phase to look for bugs, abuses and exploits.
In addition, the team emphasized that switching from the classic game mode to the new game mode will help “balance the SLP economy”. By removing the classic bonuses, the team will also allow SLP to be used to generate more in-game boosts like runes and charms in the new mode to add utility to the SLP.
In February, the Axie Infinity team also removed the adventure minigame SLP and classic mode daily quest rewards in an earlier attempt to balance the economy for the SLP token. Despite the team’s efforts to make economic adjustments, the token is still down 98.7% from its all-time high of $0.39 in July 2021.
Although the crypto tokens of the Axie Infinity project did not perform well during the crypto winter, the NFT trading volume for the project increased by 205% in July. Its co-founder Jeff Zirlin noted that the project is “healing,” referring to the positive reception of the game’s NFT grounding feature.
DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
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