What Is Small Love Potion (SLP)?
Small Love Potion (SLP) is the original ERC-20 utility token in the Axie Infinity NFT gaming ecosystem. Initially uncapped, SLP served dual purposes:
- Reward Token: Earned through gameplay (battles, quests).
- Breeding Currency: Used to breed new Axies (NFT pets), with spent SLP burned in the process.
Axies possess unique blockchain-stored genetics, defining rarity and battle strength. Breeding costs scale with parental "Breed Count," incentivizing SLP accumulation. Post-migration to Axie Infinity Ronin, SLP was rebranded as Smooth Love Potion.
SLP Tokenomics & Market Data
| Metric | Value |
|----------------------|----------------------|
| Price (USD) | $0.003951 |
| All-Time High | $0.404559 |
| Market Cap | $2.1 Million |
| 24h Volume | $1.0 |
| Total Supply | 541.173 Million SLP |
| Contract (ETH) | 0x37236cd05b34cc79d3715af2383e96dd7443dcf1
|
Key Features of SLP
- Utility: Core to Axie Infinity’s breeding mechanics.
- Deflationary: Burned during Axie breeding.
- Gaming Integration: Rewards players for active participation.
Frequently Asked Questions (FAQs)
1. How is SLP earned?
SLP is awarded for winning battles, completing daily quests, and achieving milestones in Axie Infinity.
2. Can SLP be staked or farmed?
No. SLP is purely a utility/reward token—used for breeding or traded on exchanges.
3. Why did SLP rebrand to Smooth Love Potion?
The change coincided with Axie’s shift to Ronin Network, reducing Ethereum gas fees for users.
👉 Explore Axie Infinity’s ecosystem
SLP Market Performance & Trends
- Current Sentiment: Low trading volume ($1.0/24h) suggests limited liquidity.
- Historical Peak: ATH of $0.40 during Axie’s 2021 NFT boom.
- Use Case Expansion: Future gaming partnerships could revive demand.
Core Keywords
- Axie Infinity
- Smooth Love Potion
- NFT gaming
- SLP token
- Breeding Axies
- Play-to-earn
Note: All financial data is dynamic. Verify metrics via trusted trackers like OKX.
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