Axie Infinity Burns 15.1M SLP in 2 Months as Collectible Axies Meta Morph in Origin

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.

Axie Infinity has burned 15.1 million Smooth Love Potions (SLP) in just two months, and this is directly related to the launch of a new in-game feature called Meta Morph, which has changed the way collectible Axies are used in the Origin mode of the game.

As more and more players, known as Lunacians, embrace this trait, the demand for SLP has skyrocketed, leading to these astronomical 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.

But upon further inspection, he realized the true source of the… pic.twitter.com/vK3mUOPImg

— Axie Infinity (@AxieInfinity) October 2, 2024

According to the data team at Axie Infinity, which has been closely monitoring the situation over the past two months, a total of 3,805 Axies have undergone Meta Morphing during this period, which has largely contributed to the high burn rate of SLP.

This trend shows no signs of slowing down, and some members of the community are even joking that Lunacians might soon have to wear masks in the arena to handle the intensity of the Meta Morphing battles.

Axie Infinity first launched Meta Morph in August, and it quickly became popular due to the new value and utility it adds to collectible Axies, as covered by CNF.

With Meta Morph, Axies can alter their cards, either boosting their strength or adapting them to the changing meta of each season. This encourages players to strategize and optimize their Axies for success, breathing new life into Axie Infinity’s gameplay.

In other news, as we previously reported, Axie Infinity has also been working on improving the player experience by integrating Chainlink Data Streams into their distributed applications (dApps). This integration provides real-time, verified market data for the native token, AXS, while also decentralizing the execution of several in-game operations.

Players can now increase their earning potential with faster and more reliable processes, such as a reduced cooldown for Fortune Slips to 24 hours. Additionally, the Bounty Board has been redesigned to help players easily track their progress and rewards.

Meanwhile, the game’s native token, AXS, has been having a difficult time in the market. At the time of writing, AXS is trading at $4.47, showing a 4.11% decrease over the past 24 hours.

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