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What is Smooth Love Potion(SLP) Token?

What is Smooth Love Potion(SLP) Token?
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Smooth Love Potion (SLP) is a game token used primarily to feed the creation of digital pets called Axies in NFT's hit game, Axie Infinity.

The advent of the blockchain world has brought possibilities that can only be limited by one person's imagination. Blockchain technology use cases are on a constant evolutionary wheel and almost penetrating all walks of life – including the gaming sector. Most gaming platforms prefer to capitalize on popular crypto assets like BTC, ETH or ADA as rewards. Others take the initiative to develop their own native tokens.

Smooth Love Potion (SLP) is a game token that morphs into the non-fungible token space (NFT) . As one of the tokens in Axie, the token is used to facilitate gameplay and also the creation of Axies. We'll see what this token has to offer on the Axie platform and the uniqueness of its development.

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Axie Infinity is a blockchain-based game that helps maximize the potential of SLP. In this virtual world, digital creatures called Axies can be collected, bred, trained and finally used for battles.

Animated characters are created to have unique characteristics that define their rarity and strength in battle. Furthermore, all of your genetic information can be stored in the blockchain Ethereum.

To create an Axie, a specific amount of tokens is required, depending on the parent's race count. Prior to December 19, 2019, XPs (experience points) were used as creation currency. However, a new use was assigned to it after the release of Alpha, leaving room for a new entrant to perform similar functions.

A Smooth Love Potions, formerly known as Small Love Potion, was the ERC-20 token designed to fulfill this need.

What is Smooth Love Potion (SLP)?

What is Smooth Love Potion(SLP) Token?

Smooth Love Potion (SLP) is a game token developed by Axie Edge. The token is based on the ETH network and has successfully breached the gaming world and the DeFi space through its availability in the liquidity pool Uniswap.

While not a complex game token, it is used for interesting reasons. Mainly, it serves as the primary cryptocurrency for creating pet creatures while playing Axie Infinity. It can also be purchased and traded on Uniswap.

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Smooth Love Potion token main use cases

Structured to provide a smooth gaming experience in Axie Infinity, SLP users can enjoy the following features:

  • Ability to create in-game Axies up to seven times
  • Offered as a reward for users who have reached specific levels
  • Can be bought and sold on Uniswap
  • Can be traded in Binance Innovation Zone with ETH as a trading pair

How SLP operates

To successfully create an Axie, a certain amount of potions are consumed, as mentioned earlier. The cost of each creation is determined by counting the races of both parents. The math involved is that if a parent's race count is high, more potions will be needed to create them.

Reproduction can take place at seven levels. Based on the available graphics, the first level consumes around 100 SLP, the second up to 200 SLP, the third 300, the fourth 500, the fifth 800, the sixth 1.300 and finally the seventh 2.100 potions.

Let's look at a simple analysis of the math used to calculate the number of potions needed for a race. It is the number of a first parent race times the number of potions needed multiplied by the number of a second parent race times the number of potions needed.

SLP quotation

How to earn SLP

The main way to earn potions is simply to get them as a reward after winning a game in Axie Infinity. However, this can take a while as you may need to win up to 15 competitions before running your first race. To progress better and earn larger volumes of SLP, you can buy a lot on Uniswap and other exchanges.

Conclusion

Winning while playing may not be a new concept, but Axie's SLP token has definitely taken it to a whole new level. In fact, Axie Infinity is known to have helped several communities below the poverty line in the Philippines, despite the economic problems induced by Covid in the country.

In essence, one can deduce that Axie is doing very well in strengthening her token, which players can consciously depend on.

Disclaimer: The views and opinions expressed by the author, or anyone mentioned in this article, are for informational purposes only and do not constitute financial, investment or other advice. Investing or trading cryptocurrencies carries a risk of financial loss.
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