Small Love Potion (SLP) is an Ethereum based cryptocurrency that you can earn by playing the Axie Infinity game. This digital asset plays a replacement for experience points.
SLP is a new ERC-20 token, and it can be used to breed new digital pets called Axis. The breeding cost starts at 100 SLP but increases gradually – the second breed is for 200 SLP, the third breed is for 300 SLP, 500 is for fourth, fifth for 800, sixth is for 1300.
Axis can be bred a seven-time maximum, and it costs 2100 SLP. The limit will exist to prevent the marketplace of hyperinflation.
You can acquire SLP through the games, and users can win 15 competitions to get enough tokens to perform the first breed. Buying SLP from the open market creates a way for gamers to get a better start.
What Is Small Love Potion (SLP)?
Small Love Potion (SLP) tokens are earned by playing the Axie Infinity game. This digital asset serves as a replacement for experience points.
SLP are ERC-20 tokens, and they can be used to breed new digital pets that are known as Axies.
The cost of breeding begins at 100 SLP but increases gradually — rising to 200 SLP for the second breed, 300 for the third, 500 for the fourth, 800 for the fifth, and 1,300 for the sixth.
Axies can be bred a maximum of seven times, and the seventh breed costs 2,100 SLP. This limit exists in order to prevent hyperinflation in the marketplace.
It can take time to accrue SLP through the game, and a player may need to win 15 competitions in order to gain enough tokens to perform their first breed.
Purchasing SLP on the open market is a way for gamers to get a headstart.
Who Are the Founders of Small Love Potions?
Trung Nguyen, the company’s CEO, left his role as a software developer in the U.S.A to focus on the project. As per Nguyen, blockchain’s potential in gaming is significantly influenced by blockchain because many players don’t indeed have significant assets in infamous titles.
The blockchain gamers said that the Ethereum platform allowed us to develop a “dream game.” The breed process has been designed for those who have played other collectible games such as CryptoKitties.
What Makes Small Love Potion Unique?
SLP is a game currency, and CEO Nguyen has decided to make mandatory the coin used in the game named Super Mario. Nguyen says that Axies has different from other fungible tokens. It is a unique token because it comes under those tokens counted in top gaming tokens and listed on the Binance Exchanges.
How Is the Small Love Potion Network Secured?
SLM does not have its blockchain, and it is running on the very secure blockchain named Ethereum(ETH). Ethereum’s blockchain is the most secure, and many well-known cryptocurrencies have been made on the Ethereum blockchain, making SLP token unique.
The circulating supply of Small Love Potion(SLP)?
The global rank of Small Love Potion is #378 with the $94.05 million market cap. Currently, SLP is in the growing stage and emerging day by day. It is prevalent among the gamer communities. Nonetheless, at the time of writing, the circulating supply of SLM is 404.09 million, with the $10.67 million 24h trading volume.
How to buy a small love potion(SLM)?
SLP is initially launched, and it has not launched on every exchange but is available on top exchanges including Binance and liquidity pool platform Uniswap exchanges. Except for these two, they are listing down some other trustable exchanges where you can buy SLP.
- Hoo Market
- Bilaxy Market
You can not buy SLP with Fiat currencies directly. You have to convert fiats such as Dollars, Pounds, or Euros into mainstream cryptocurrency pairs including USDT, USDC, BUSD, ETH, BTC, and many more others, and then you can convert into SLP.
How to Convert SLP to PHP
The video tutorial below will guide you on How to convert SLP to PHP easily, watch now.
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