Smooth Love Potion is an ERC-20 in-game cryptocurrency from the Axie Infinity metaverse. Axie Infinity is a blockchain-based play-to-earn game where players can raise their pets, battle and build their land-based assets.
SLP is the name and ticker symbol of the protocol's native ERC-20 token. It is only one of the gaming tokens used in the Axie universe, and it facilitates the breeding of digital pets called Axies. Breeding in Axie Infinity can only be done a maximum of seven times.
The amount of SLP required increases each time an Axie is bred and is removed from the total supply, thus creating a demand for SLP. The first level requires 100 SLP, while the seventh breed needs 2,100 SLP.
These pets can be sold as NFTs to other players on NFT-trading marketplaces. While the game was originally created on the Ethereum blockchain, it migrated to Ronin, an Ethereum-linked sidechain created for Axie Infinity, in 2021.
While players can earn SLP inside Axie Infinity by winning games, they can progress more by purchasing SLP in large amounts on any exchange platform. It should be noted that SLP is not a governance token; that responsibility goes to the in-game token AXS.
