SLP Token Policy Update Sets Deflation Target at 2%
By: Cointime
Axie Infinity game has released an announcement to update its token policy, as follows:
The maximum supply of SLP is now 44 billion.
For every 10 SLP destroyed, 2 SLP will be minted for the buyback and stabilization fund. 60,000 USDC has already been injected into the stabilization fund.
The inflation target for SLP has been 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.
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