Smooth Love Potion (SLP) is a crypto token that can be obtained from playing the Axie Infinity game. This is a digital pet breeding game that is popular among crypto lovers.
SLP can be used to breed Axie, which is a unique and valuable digital pet. SLP can also be traded on crypto exchanges, such as Binance, Bybit, OKEx, and others.
So, this article will explain what Smooth Love Potion is, how to get it, and what its advantages and disadvantages are.
What is Smooth Love Potion?
Smooth Love Potion is an ERC-20 token running on the Ethereum network. SLP is a replacement for Small Love Potion, the previous token used in the Axie Infinity game.
SLP was introduced in April 2021, when the Axie Infinity game switched to the Ronin network, an Ethereum sidechain designed specifically for the game. SLP can be obtained in two ways, namely:
Playing the Axie Infinity game
You can earn SLP by completing daily, weekly, or monthly missions in the game. You can also earn SLP by fighting or adventuring with your Axie.
Buying SLP on a crypto exchange
You can buy SLP using fiat currency or other cryptos on crypto exchanges that provide SLP trading pairs, such as Binance, Bybit, OKEx, and others.
What is Axie Infinity?
Axie Infinity is a digital pet breeding game inspired by Pokemon. This game allows you to collect, breed and battle Axie, which are unique and valuable digital pets.
Each Axie has different characteristics, such as shape, color, size, abilities and genetics. You can choose Axie according to your taste and strategy.
Axie Infinity is one of the most popular crypto games today. This game has more than 250,000 active users per day, and has generated more than $100 million in revenue as of June 2021. This game is also an example of the play-to-earn concept, which is a concept where you can earn money from playing games.
What is Play-to-Earn?
Play-to-earn is a concept where you can earn money from playing games. This concept is made possible by blockchain technology, which gives you full ownership rights to your digital assets, such as tokens, NFTs, or game items.
You can sell, exchange, or use it as you wish, without interference from third parties.
One way to earn money from playing games is to use SLP. You can collect SLP by playing the Axie Infinity game, then sell it on a crypto exchange at a profitable price.
You can also use SLP to breed new Axie, then sell them on the Axie market at a higher price. Some people can even make a living from playing Axie Infinity games using SLP.
What are the Advantages and Disadvantages of Smooth Love Potion?
Smooth Love Potion has several advantages and disadvantages, including:
Advantage
SLP has several advantages, such as:
- SLP gives you the opportunity to earn money from playing games, which can be an additional or main source of income for you.
- SLP gives you the opportunity to participate in the Axie Infinity ecosystem, which is one of the biggest and most popular crypto games today.
- SLP gives you the opportunity to own Axie, which is a unique and valuable digital asset, which you can use to play, fight or invest.
Deficiencies
SLP also has several disadvantages, such as:
- SLP has high volatility, which means the price of SLP can rise or fall drastically in a short period of time, depending on supply and demand in the market.
- SLP has stiff competition, which means you have to compete with other players to earn SLP, either by playing games or by purchasing on crypto exchanges.
- SLP carries high risk, which means you could lose your money or assets if something unexpected happens, such as a hacker attack, technical error, or regulatory change.
How to Start Playing Axie Infinity Games?
If you are interested in playing the Axie Infinity game and getting SLP, here are some steps you should take:
Create a Ronin account
Ronin is an Ethereum sidechain designed specifically for the Axie Infinity game. You must create a Ronin account to be able to play the game. You can create a Ronin account by downloading and installing Ronin Wallet, a digital wallet compatible with Ronin.
Buy Axie
Axie is the digital pet you need to play the Axie Infinity game. You must have at least three Axie to be able to play the game. You can buy Axie on the Axie marketplace using Ethereum (ETH) or Axie Infinity Shards (AXS), another token used in the game.
Playing the Axie Infinity game
Once you have Axie, you can start playing Axie Infinity games. You can choose the game mode you like, such as adventure, arena, or daily quest. You can earn SLP by completing missions or winning battles.
How to Sell or Use Smooth Love Potion?
If you already have SLP, you can sell or use it as you wish. The following are several ways you can do it:
Selling SLP on a crypto exchange
You can sell SLP on crypto exchanges that provide SLP trading pairs, such as Binance, Bybit, OKEx, and others. You can exchange SLP for other fiat currencies or cryptos, depending on your preferences and goals.
Using SLP to breed Axie
You can use SLP to breed new Axie, which you can sell, trade, or use for gaming. You must have two compatible Axie to be able to breed a new Axie.
The cost of breeding an Axie depends on the number of times the Axie has been bred previously.
Using SLP to invest
You can use SLP to invest in the Axie Infinity ecosystem, which has huge growth potential. You can store SLP in your wallet, or use it to buy AXS, another token used in the game.
AXS has more functions and benefits than SLP, such as providing ownership and governance rights to its holders.
How to Buy SLP Tokens on Bittime
You can buy and sell MANTA tokens in an easy and safe way via Bittime. Bittime is one of the best crypto applications in Indonesia which is officially registered with Bappbeti. SLP is available on Bittime with SLP IDR pairing .
To be able to buy MANTA/IDR tokens on Bittime, make sure you have registered and completed identity verification. Apart from that, also make sure that you have sufficient balance by depositing some funds into your wallet. For your information, the minimum purchase of Bittime assets is IDR 10,000. After that, you can make MANTA purchases in the application. More complete guide on how to buy SLP on Bittime
Monitor price chart movements of Manta Network (MANTA), Bitcoin (BTC), Ethereum (ETH), Solana (SOL) and other cryptos to find out today's crypto market trends in real-time on Bittime.
Read also:
What is TokenFi (TOKEN)? Floki Inu Project for Asset Tokenization
What is a Liquidity Provider Token (LP Token)?
What is the SPL Token Standard and Solana Token-2022
DISCLAIMER: This article is informational in nature and is not an offer or invitation to sell or buy any crypto assets. Trading crypto assets is a high-risk activity. Crypto asset prices are volatile, where prices can change significantly from time to time and Bittime is not responsible for changes in fluctuations in crypto asset exchange rates.
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