economic balance

Since launching in 2018, Axie Infinity has amassed over 2 million daily active users (DAUs) and its decentralized exchange, Katana, has a market cap of $5.5 billion, but this growth has not come without challenges. Axie Infinity’s in-game token, Smooth Love Potion (SLP) decreased nearly 93% from it’s all-time high in July 13, 2021 of $0.39 as it faces uncontrollable inflation. As such, the team has announced it will significantly remove SLP issuance from the game, making it harder to farm. Gamers and guilds will, in turn, focus their attention on their strategic competitive edge and the potentially increased price of SLP will inevitably result in the increased price of Axies as the cost to breed would increase all the same. SLP token price. Source: Nansen.ai According to data, SLP’s ...