JAKARTA – Smooth Love Potion (SLP) is a utility token in the play to earn (P2E) game Axie Infinity. Currently, SLP is rumored to be trading on Binance USA soon.
Reporting from BSC News, currently, the SLP deposit has been opened. SLP is listed on the US branch of the Binance crypto trading platform. SLP's listing is considered to be able to increase Axie's reach in the United States. The move seeks to provide a consistent channel for US users to start playing the most popular games in crypto.
The SLP floor on Binance USA was announced by the official Twitter account and posted the news on February 16th via a tweet, which was retweeted by Twitter Axie Infinity.
“Binance.US will list Smooth Love Potion $SLP. Deposits are open now. Learn more," Binance AS wrote in a Twitter post.
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The Binance US team announced that they are opening deposits in preparation for trading, but withdrawals will only be available after the trading pair goes live.
$SLP is an ERC20 token considered a utility token of the play-to-earn blockchain project Axie Infinity. Its main utility is to allow Axies to breed with each other. Developer Axie Infinity has repeatedly announced that the token's focus is more on utility than the store of value.
SLP tokens are earned by players after winning in-game matches and are burned when used for breeding. $SLP does not have a maximum supply, putting the token at risk of inflation. The team revisited how it spent $SLP through gameplay and made changes starting in Season 20 of Axie Arena.
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