Smooth Love Potion (SLP) Live Price and charts Today

1 Smooth Love Potion (SLP) Price Today in USD is $0.004448

Smooth Love Potion (SLP) = $0.004448 USD

Smooth Love Potion (SLP) all-time high (ATH) is $0.364533 USD

The maximum supply of Smooth Love Potion (SLP) is Unknown

Smooth Love Potion (SLP) 24h volume is $26.41 Million(s) USD

Smooth Love Potion (SLP) Market Cap is $183.99 Million(s) USD

Smooth Love Potion
$0.004448
+6.32%
Smooth Love Potion (SLP) Price Chart
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  • 1H +2.63%
  • 24H +6.32%
  • 1Y +34.58%
  • Rank #267
  • Market Cap 5.73% $183,992,572
  • 24H Spot Volume 61.17% $26,406,576.88
  • 24H Volume / Market Cap +40.00%+14.00%
  • Circulating Supply 41,369,433,430.00
  • Total Supply -
  • Max Supply -
  • Fully Diluted Valuation -
  • API ID smooth-love-potion copy duigou
  • Project Start Date Dec, 2019
  • Contracts & Explorer(s) coin-img 0xcc8...aaa25
    copy duigou
  • Websites Website
  • Links
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About SLP Roadmap & Milestones
Smooth Love Potion ($SLP) is an ERC-20 utility and reward token used by the Play-to-Earn blockchain game Axie Infinity. It enables the game's players to breed collectible digital pets — known as Axies. The overall demand for SLP tokens has grown such that they are also traded on cryptocurrency exchanges.

Smooth Love Potion (SLP) is an ERC-20 token that is the in-game asset of the popular blockchain-based gaming metaverse Axie Infinity. In this game, players collect unique digital pets called Axies — represented by non-fungible tokens (NFTs) — which they can breed, sell, or deploy in battle against other players. The Axie Infinity game has a multi-token economy, and uses another ERC-20 token called Axie Infinity Shards (AXS) as a governance token for its ecosystem.

SLP crypto tokens are used in-game to facilitate the breeding of Axies. It can not only be earned in the Axie Infinity metaverse, but can also be traded on supported cryptocurrency exchanges — a noteworthy caveat that brings wider market access to this in-game currency. The external market for SLP emerged when a liquidity pool for ETH-SLP was created on the decentralized exchange (DEX) Uniswap, bringing SLP out of the Axie game metaverse and into the crypto market. As Axie Infinity has grown into one of the most popular blockchain-based games, SLP has demonstrated the value of in-game assets both within the metaverse and beyond.

The SLP token does not have a hard cap to its total supply, and its circulating supply is in constant flux. This is because SLP tokens are continuously being generated from in-game activities, and are burned each time new Axies are spawned from the breeding process. In this way, the SLP crypto supply is contingent on activity in the Axie Infinity game. Because of this, it is anticipated that as the user base of Axie Infinity expands, there could be a significant increase in the amount of SLP being created thanks to increased player participation, in-game competitions, and other SLP-generating activities.

The SLP token has value in the Axie Infinity metaverse via play-to-earn economics as well as value in the wider crypto market. The fact that SLP is being traded on decentralized SLP token exchanges distinguishes it from most other in-game currencies. This represents a landmark not just for Axie Infinity and the Axie marketplace, but also for metaverses and NFT markets as a whole.

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