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SLP Token Policy Update Sets Deflation Target at 2%

SLP Token Policy Update Sets Deflation Target at 2%

CointimeCointime2024/01/11 01:40
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%.

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