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July $SLP Stability Fund Update Another SLP Burning Mechanism added was META MORPH in August 🚀🚀🚀 In July, the Epic, Mystic, and Final Eras of Origins Season 9 significantly contributed to SLP burning due to the crafting of Runes and Charms. SLP stats for July. Final Stats for July 📊 ・Net SLP Burnt: 24,128,881 ・SLP On-Chain: 41.33 billion ・Annualized Deflation: 0.69% Stability Fund Holdings: ・SLP: 9,773,028 ・USDC: 55,000 The balancing of SLP emissions through Origins Season 9 was effective. It, along with R/C crafting, stabilized SLP in July. The July deflation rate was 0.69%, down from June. But making progress toward our 2% deflation target for SLP. Let’s look forward to the stats in August, where they have launched another SLP burning mechanism in Meta Morph. $AXS $RONIN
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Meta Morph the another $SLP burning mechanism just launched 2 days ago is driving everyone crazy to buy Axie Origin! Origin floor has +42.86% to 0.45 ETH just 2 days after the launch Meta Morph📈 With Meta Morp, Origin Axies can now morph all of their cards into meta cards with some SLP and Class badges. $AXS $RONIN
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$SLP #AxieInfinity Event Roguelike Gem Bonanza From August 7th to 28th, Axie Infinity turning Roguelike Mode into your personal gem mine! Conquer all 3 levels and you could be swimming in Origins Gems. How to strike it rich 👇 🔹 Be among the first 1,000 players to beat all 3 levels. 🔹 Grab your share of the massive 700,000 Origins Gems pool. 🔹 The earlier you finish, the bigger your gem haul. Prizes 🏆 🔹 First 100: 1,500 Gems 💎💎💎 🔹 101 - 300: 1,000 Gems 💎💎 🔹 301 - 1000: 500 Gems 💎 Don't wait! Once 1,000 players cross the finish line, the gem vault closes! $AXS $RONIN
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Do you hear this Sky Mavis talking about #SLP ? Be ready 🚀🚀🚀 . You must read this. Stability Fund SLP Update : 11 April 2024 At the beginning of the year, we shared our plans to target 2% deflation for $SLP . These plans included an SLP supply cap of 44B and a Buyback & Stability fund. In this update, you’ll find a description of the Stability Fund’s next steps, and our thinking behind them. SLP March Stats In March, SLP saw slight inflation because Origins was in its offseason for most of the month. This had a significant impact on SLP emissions. Here’s what that looked like: Total SLP On-Chain on March 1: 41,327,114,772 Total SLP On-Chain on March 30: 41,387,406,281 Increase in Supply: 60,291,509 March inflation: ~0.146% Annualized inflation: ~1.71% Stability Fund $USDC Balance: 55,000 Stability Fund SLP Balance: 9,773,028 Net SLP Burnt: 59,194,118 Our Next Steps In response to SLP’s slight inflation, the SLP Buyback & Stability Fund will take the following actions: • Buy 5,000 #USDC worth of SLP at current prices • Mint 0 new SLP back to the Stability Fund • Burn 10M SLP from the Stability Fund Reserves Together, these actions will modulate SLP's circulating supply. $BTC
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What You Must To Know About #SLP Bullish 2024 1. SLP burning mechanism 2. Use SLP Coin for Breeding Axies 3. Buy axies with SLP Coin 4. SLP to make accessories in game 5. Make NFTs with SLP 6. Buying Land with SLP 7. SLP caps supply to 41 Billion 8.AXS caps supply to 44 Billion 9. #RONIN listed on BINANCE #BNB While other coin down when BTC down but SLP strong on position will tell you how strong the coin. Sky Mavis is a crypto tech startup founded in 2018 that created the Ronin blockchain and its game Axie Infinity #AXS and #Pixel SLP is stored in the Ronin wallet and used for in-game assets on the Ronin sidechain, which was developed by the Axie Infinity team to combat Ethereum network #ETH congestion. Sky Mavis’ Ronin Wallet is a crypto wallet for the Ronin blockchain ecosystem that exists as both a web browser extension and a mobile app for iOS and Android devices. #Write2Earn
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