A wallet has been buying up billions of Axie Infinity’s Smooth Love Potion since October, and now holds more than half of the total supply. Who is behind the massive token stack and what do they plan to do with it?
For nearly a year now, a mysterious Axie Infinity wallet has been quietly amassing billions of Smooth Love Potion , the in-game cryptocurrency powering one of the industry’s most popular play-to-earn crypto games.
“The significance of a wallet holding so much SLP, if it's an individual person, gives that person a huge amount of control over an economy, especially in an economy where it’s so hard to mint a token.” SLP is earned by players for completing daily quests, battling other players in the “Arena” mode or playing against AI in the “Adventure” mode. The SLP can be used for breeding Axies, crafting in-game runes and charms , and can be sold on exchanges., an average Axie Infinity player can generate between 10 to 70 SLP per day, depending on how good they are at the game.
South Africa Latest News, South Africa Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Self-love is the best love on a dramatic What We Do In The ShadowsGuillermo's boyfriend comes to town, Nandor makes a wish, and Baby Colin discovers Papa Roach in the heartbreak-heavy 'Freddie'
Read more »
Preserve Childhood With Love: CoinEx Charity Delivers Warmth to Sick Children in Venezuela – Sponsored Bitcoin NewsOn August 19, a group of loving volunteers visited Hospital Universitario Antonio Patricio de Alcalá (HUAPA) in Cumaná, Venezuela. Wearing costumes and
Read more »
Watch: Lee Jin Hyuk Sings Of A “Crack” In Love In Intense Comeback MVUpdated August 29 KST: Lee Jin Hyuk has returned with new music! On August 29 at 6 p.m. KST, Lee Jin Hyuk dropped his new mini album “5ight” along with the music video for the title track. “Crack” is a song with an alternative rock base and a catchy hook. Rather than portraying the happiness
Read more »
9 Unforgettable Lessons I Learned From '10 Things I Hate About You''I hate you so much it makes me sick — It even makes me rhyme.' 😭
Read more »
How ‘Love Island USA’ stars Deb and Jesse overcame ‘awkward’ intimacy issues“We don’t like to be in public just making out,” Jesse Bray tells Page Six of the couple’s PDA approach. “Especially with cameras around,” Deb Chubb adds.
Read more »
‘Love Island USA’ winners Zeta Morrison and Timmy Pandolfi may elope“I am the type [who loves] a love that’s so pure that when it happens, it’s just about you two,” Morrison says. “Just, like, go-to-the-courthouse vibes.”
Read more »