Get to Know What Cryptocurrency SLP Is
Rancakmedia.com – We blog about what SLP cryptocurrency is. Now, crypto assets are nothing new anymore. The pioneer is Bitcoin which appeared since January 3, 2009. Apart from Bitcoin, there are several other crypto assets.
About various alternative crypto assets, have you ever heard of SLP (Smooth Love Potion)? When the covid outbreak hit, several companies went bankrupt. Many countries are facing an economic recession right now.
Crypto assets, on the other hand, are rising in value. SLP, an alternative coin to Bitcoin, has soared in value in recent months. Investors and people are increasingly turning to crypto assets due to their increasing value.
However, the soaring price of Bitcoin has prompted some to use other coins such as SLP. Check out the following explanation to find out more about what SLP (Smooth Love Potion) is.
What is SLP (Smooth Love Potion)?
Maybe you are a crypto activist who is still confused about what SLP (Smooth Love Potion) is? SLP crypto is a game token created by Axie Edge. This token leverages the Ethereum network and through Uniswap liquidity. The Ethereum network is actually often chosen because it allows convenience in smart contracts.
Tokens have long been a part of video games. The primary use of SLP tokens is to breed pets while playing Axie Infinity. Purchased creatures can also be traded via Uniswap.
There are lots of games that include online crypto assets as their attraction. After understanding what SLP (Smooth Love Potion) is, you should also know its advantages. The advantages of this token are as follows:
- Avatars, weapons and other in-game items are all available for purchase.
- You can play games and earn crypto without mining
- An attractive and unique investment with great sales potential
- Can cash in-game assets
When learning what SLP (Smooth Love Potion) is, you also have to understand how to use it. Coin SLP is a coin that has the following uses:
- Tradable on Uniswap. Uniswap is a currency exchange based on Decentralized Exchange (DEX).
- Can breed Axie in game up to seven times. Having these creatures in your flock may benefit your progress in the game. In addition, this creature can also be resold.
- As a reward for players who reach a certain level.
It can be traded on the Binance Innovation Zone and bundled with ETH or Ethereum coins.
The uniqueness of the SLP coin
The uniqueness of SLP Coins
Apart from understanding what SLP (Smooth Love Potion) is, you must also understand its uniqueness. The SLP coin is very different from other crypto assets used in games. Players are forced to earn tokens to raise farm animals so they can grow and be sold.
After knowing what SLP (Smooth Love Potion) is, where can we buy it? Binance Innovation Zone cannot list all tokens. The availability of these tokens on such exchange platforms risks increasing their volatility. Even so, the danger of losing these tokens is minimal compared to other tokens.
With a market valuation of $140,860,034, SLP token value is among the top 200 tokens. There is no limit to the number of SLP coins that can be created; now, there are 541,173,609 in circulation. Meanwhile, the value is $0.260286 per token.
In the early days of its distribution, not many people were interested in what SLP (Smooth Love Potion) was. Uniswap's liquidity pool determines how much it is worth at a certain rate. But currently, SLP tokens can be accessed on various platforms such as Indodax.
