SLP token policy update, the inflation target is set to 2%
Axie Infinity game has released an announcement updating its token policy, specifically as follows: The current supply cap of SLP is set at 44 billion. For every 10 SLPs destroyed, 2 SLPs will be minted for the buyback and stability fund. A total of 60,000 USDC has been injected into the stability fund. The deflationary target for SLP is set at 2%.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Trade tensions resurface as Bitcoin retreats from one-week high
CryptoQuant CEO: Treasury companies and ETF inflows have ended the bear market
Current mainstream CEX and DEX funding rates indicate the market has returned to a fully bearish outlook
Trending news
MoreCrypto prices
More
