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Axie Infinity Burns 15.1M SLP with Meta Morphing in Origins

October 3, 2024
in Crypto News
Reading Time: 3 mins read
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  • Meta Morphing in Axie Infinity has led to 15.1 million SLP being burned in just two months.
  • Axie Infinity’s Meta Morph feature enhances Axies by making cards more powerful or adaptable to the game’s meta.

Axie Infinity has made headlines for burning 15.1 million Smooth Love Potions (SLP) tokens in just two months. This SLP burn directly relates to the emergence of a new in-game feature called Meta Morph, which has changed the way collectible Axies are utilized in the Origin mode of the game.

The demand for SLP has skyrocketed as more and more players—known as Lunacians—embrace this trait, leading to hitherto unheard of token burns.

15.1M SLP Burned in 2 Months as Collectible Axies Meta Morph in Origins

October 2nd, Lunacia

Early this morning, the smell of smoke tickled @jihoz_axie’s nose.

“Did I overcook my egg whites again?” he wondered.

However, further inspection revealed the correct source of the… pic.twitter.com/vK3mUOPImg

— Axie Infinity (@AxieInfinity) October 2, 2024

Data Insights Reveal Surging Meta Morphing Activity and Rising SLP Burns 

Axie Infinity’s data team has been attentively observing the scenario over the previous two months, trying to understand the fast developments. Their analysis indicates that 3,805 Axies in all have experienced Meta Morphing over this time, greatly influencing SLP’s high burn rate.

Source: Axie Infinity on X

This tendency shows no slowing down, hence some members of the society joke that Lunacians could soon have to wear masks in the arena to handle the severity of the Meta Morphing fights.

Axie Infinity debuted Meta Morph in August and soon became well-known because of the fresh value and use it gives collecting Axies, according to CNF.

Axies can morph their cards with Meta Morph, which either increases their power or adaptability to the shifting meta of every season. Encouragement of players to rethink their tactics and maximize their Axies for success has given Axie Infinity’s gameplay fresh vitality.

Beside that, as we previously noted, Axie Infinity has also been diligently improving the player experience by including Chainlink Data Streams into their distributed apps (dApps). While decentralizing the execution of many in-game operations, this integration offers real-time, verified market data for the native coin, AXS.

Faster and more dependable processes, like a lowered cooldown for Fortune Slips to 24 hours, help players now increase their earning potential. Furthermore, changes to the Bounty Board have been made so that players may monitor their development and benefits more easily.

Meanwhile, the game’s native token, AXS, has had a tough ride on the market. AXS is trading at $4.47 at the time of writing, down 4.11% over the last 24 hours.


Credit: Source link

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