The developers of the blockchain game Axie Infinity announced changes that are aimed at improving the economy of the project
Over the past seven days, the price of the Smooth Love Potion (SLP) token has increased by 224%. The cost of the altcoin began to rise sharply after the developers of the blockchain game Axie Infinity announced that they had changed the game rules.
Now players will not receive SLP tokens for completing daily tasks and adventure mode. The developers estimate that this measure will reduce the issuance of new SLP by about 45 million tokens every day.
“As a first step towards stabilizing the economy, we have removed all SLP rewards from Adventure Mode, which was originally intended as a way for the community to learn how to play. The mode has outlived its purpose, ”the developers said in a message.
On February 10, the SLP token is trading at $0.03, and its capitalization is $1 billion, according to CoinGecko. In July 2021, the altcoin updated its all-time high above $0.39. Since then, it has fallen in price by 93%.
Axie Infinity is a blockchain game where players fight against each other with the help of fantastical creatures, each of which is represented in the form of an NFT token.
