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
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.
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. $BTC
Maybe some trader new in crypto and confuse about LUNC and LUNA. In 2022 LUNA ATH was 119$ then crash to 0.000015. After crash original LUNA ( #LUNC now ) pump again from 0.000015 ATL to 0.0006 ATH and rename to LUNC and then down again to 0.00005. I believe, LUNC would retest the resistant again at 0.0006 this bull run and go to moon in mid of this year.
While the original LUNA crash many investor talking about it and become the largest LUNC Community in X. LUNC Community working together to improve the price again to 1$. Many LUNC burning support from LUNC Comunity 🔥🔥 and BINANCE.
BINANCE invested 3Million on LUNC 2018 and the LUNC tokens received still sit on the address never moved and never sold.
BINANCE burned 2.21 billion Terra Luna Classic (LUNC) tokens in the 19th batch of the LUNC burn mechanism. The net LUNC burn by the crypto exchange reaches over 53 billion and the total tokens burned by the Terra Luna Classic (LUNC)Community 🔥🔥 reaches over 102 billion.
At price 0.0005 LUNC, Terra Station launch new coin name #LUNA the New Luna not original Luna.And this New Luna ATH is 7$. So,i hope this will make clear.
Here my evidence i was there overnight when LUNA crash waiting for new ATL. I buying at 0.00001599 for 15$ and got almost 1M LUNC. Here i also put Terra Ecosystem Revival Plan 2 in 2022 from my phone. I miss #BUSD 🧡 $USTC
$STRK rank 62?? i dont believe..max supply 10B but circulation supply just 700+M can someone tell me how to calculate ranking actually? ( circulation supply X price = total ?) or ( total trading in every month? )
$SLP 0.8$ hold strong 💪💪 $AXS and #SLP just in the beningging. Listen carefully In the the beningging 🤫 Read my previous post 8 reason why SLP to the moon 2024 $RONIN
$SLP The coin with many much biggest Burning Mechanism.
In my previous arcticle i already told 8 reason why SLP bullish 2024. How many do you guys hodl this coin ? and what price you expected the new ATH 2024 ?