Buy Smooth Love Potion (SLP)
What is Smooth Love Potion?
Smooth Love Potion (SLP) is an ERC-20 token on the Ethereum blockchain used within the Axie Infinity gaming metaverse. It facilitates the breeding of NFT-based digital pets known as Axies. SLP can be earned by engaging in in-game activities or purchased through various exchanges.
How does Smooth Love Potion work?
SLP operates on the Ethereum blockchain using smart contracts to enable its functions within the game, specifically for breeding Axies. SLP is earned through in-game activities like battles and is consumed during the breeding process, ensuring a dynamic supply based on game activity. The Ethereum blockchain's Proof of Stake consensus mechanism supports its transactions.
What are the potential use cases for Smooth Love Potion?
SLP serves as an in-game currency for breeding Axies and participating in player versus player (PvP) battles within Axie Infinity. Beyond the game, it exemplifies applications in blockchain gaming and the creation/trading of NFTs. Additionally, SLP contributes to economic empowerment through “scholarship” programs and can be traded for other cryptocurrencies on decentralized exchanges.
What is the history of Smooth Love Potion?
SLP was introduced on December 19, 2019, as part of the Axie Infinity ecosystem by the team led by Trung Nguyen. It was inspired by projects like CryptoKitties and designed to reward Axie Infinity players. A significant development was the introduction of the Ronin Network in 2021 to improve transaction efficiency, and the Katana decentralized exchange facilitates the trading of SLP. SLP has experienced fluctuating market presence, including notable fundraising and market cap changes.
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Frequently Asked Questions (FAQs)
What is the current price of Smooth Love Potion (SLP)?
The Smooth Love Potion price is $0.00631828 AUD, representing a +0.98% from the day prior.
Where is the best place to buy Smooth Love Potion (SLP) in Australia?
The best place to buy Smooth Love Potion (SLP) in Australia is right here! Coinstash is one of Australia's leading and most trusted cryptocurrency exchanges. Built by investors, for investors - Coinstash offers a secure and user-friendly platform to buy and sell Smooth Love Potion (SLP) and over 1,000 other cryptocurrencies. Enjoy low fees, excellent customer support and access to an array of powerful trading tools and investing features.
What is the daily trading volume of Smooth Love Potion (SLP)?
The trading volume of Smooth Love Potion (SLP) is $19.8M AUD in the last 24hrs, representing a +0.98% from the day prior.
How can I buy Smooth Love Potion (SLP)?
Smooth Love Potion (SLP) can be purchased on Coinstash with AUD or by trading other cryptocurrencies for it. Coinstash offers various AUD deposit methods including bank transfers, POLi and PayID.
What is the market cap of Smooth Love Potion (SLP)?
The current market cap of Smooth Love Potion (SLP) is $259.1M AUD.
Can I convert Smooth Love Potion (SLP) to cash?
Yes - With Coinstash you can convert your Smooth Love Potion (SLP) to AUD instantly. You can also withdraw AUD to your Australian bank account instantly and for free with no withdrawal fees.
How many Smooth Love Potion (SLP) are there?
The current circulating supply of Smooth Love Potion (SLP) is 41.2B.
Is Coinstash a safe place to buy Smooth Love Potion (SLP) in Australia?
Yes - Coinstash is one of Australia's safest and most trusted platforms for buying and selling Smooth Love Potion (SLP) and other cryptocurrencies. Coinstash's industry-leading security practices provide the highest level of protection for your investments. Coinstash is licensed, compliant and AUSTRAC registered in Australia. You can learn more about our security practices.