Real-time SLP price analysis
The current real-time price of Smooth Love Potion is $0.0037and its trading volume is equal to US$11,637,524 in the last 24 hours. SLP price has grew by
1.96%
on the last day and increased by
1.09%
in the last 7 days. It is important to note that Smooth Love Potion’s current market capitalization is US$154,783,658Speaking of revolving supplies, SLP has 41 323 592 970 coins. Smooth Love Potion’s current market rating is #274.
Smooth Love Potion price today
99.11%
below
always on top and that’s it
412.12%
higher
always at a low level.
All data and prices are updated in real time. The most active and popular exchanges for buying or selling SLP are Binance, Kucoin & Kraken. Find more cryptocurrency exchange options on our Cryptocurrency exchange tracker. The most secure hardware wallets to store your cryptocurrency: Ledger And Trezor.
What is Smooth Love Potion (SLP)?
Smooth Love Potion (SLP) is ERK-20 token owned by Game Axi Infinity ecosystem. Axi Infinity is NFT-based gamewhich revolves around collecting, breeding and growing Axles (animated fantasy creatures). Axis can also be crossed with each other to create new Axis and use them in battles against other players.
The main use case for SLP tokens is Axi breeding. One user can breed a maximum of 7 Axis. The first Axie breeding costs 100 SLP tokens. However, the cost continues to risereaching 2100 SLP tokens for breeding the 7th Axi.
SLP tokens can be earned while playing or purchased on crypto exchanges. If you want to earn SLP tokens, you need to participate in Axie Infinity competitions and tournaments or complete in-game quests. However, if you plan to buy SLP tokenstake a look at the Smooth Love Potion price chart above to see the current SLP price.
Although keep in mind that in addition to breeding Axis, SLP tokens can also be used as a medium of exchange. on a number of cryptocurrency exchanges. This is what makes Smooth Love Potion tokens completely unique, since not many in-game tokens are listed on crypto exchanges. In addition, SLP is listed on Binance Innovation Zonewhich is a special trading area where users can trade new, cutting-edge tokens that are likely to be more volatile and risky than other tokens.
Finally, SLP tokens can also be staked in a liquidity pool created specifically for this purpose at Uniswap. By staking SLP tokens, users can receive staking rewards.
Who designed the Smooth Love Potion tokens?
SLP tokens were developed jointly with Axie Infinity Game studio Sky Mavis founded by Trung Nguyen, Alexander Larsen and Jeffrey Zirlin. Smooth Love Potion crypto assets were originally known as Small Love Potion Tokens. However, the name was later changed.
Additionally, although SLP tokens are based on the Ethereum network, they are minted on a Ronin chain, which is a sidechain designed specifically for the Axie Infinity game. It provides users with much lower gas fees compared to the Ethereum network.
SLP Tokenomics
There is no maximum set of Smooth Love Potion tokens.. This is because SLP tokens are minted at the request of Axie Infinity players. For this reason, the price of SLP is especially affected by the number of active Axie Infinity players. When there are more Axie players, more Smooth Love Potion tokens are created, which lowers the price of Smooth Love Potion. When there are fewer players, the result is the opposite.
However, there is combustion mechanism is used, which burns a portion of SLP tokens whenever a new Axie is created. This reduces the supply of tokens and prevents the SLP price from dropping too much.
What is the trading volume for Smooth Love Potion in the last 24 hours?
SLP has trading volume US$11,637,524 in the last 24 hours.
What is the highest price for Smooth Love Potion?
SLP has the highest price $0.4191which was achieved at May 01, 2021 (2 years 9 months ago).
What is the lowest price for Smooth Love Potion?
SLP has the lowest price $0.0007which was achieved at December 11, 2022 (1 year 2 months ago).
Which exchanges are best for buying and selling SLP?
Currently the most active and dominant exchanges for buying and selling Smooth Love Potion are Binance, Kraken & Kucoin. The most popular Smooth Love Potion trading pairs SLP/USDT
(on
Binance
),
SLP/VRON
(on
Katana
),
SLP/USDT
(on
Gate.io
). Go to Catalog of crypto trades to access customized and exclusive discounts, vouchers and welcome bonuses from the most popular exchanges.
Which hardware wallets are the most secure for storing SLP?
According to the process of in-depth analysis and testing, Ledger And Trezor are one of the most secure and popular hardware wallet options for storage Smooth Love Potion. For exclusive discounts and promotions on the best crypto wallets, visit Catalog of crypto trades.
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