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Axie Infinity Play To Earn!

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Axie Infinity Play To Earn!

Axie Infinity is a game universe filled with fascinating creatures, Axies, that players can collect as pets. Players aim to battle, breed, collect, raise, and build kingdoms for their Axies. The…

Learn how Axie Infinity economics work - What is AXS? What is SLP? How to breed Axies?

Source: https://www.ultcube88.com/es/axie-infinity-axs%E5%88%9B%E4%B8%8B143%E7%BE%8E%E5%85%83%E7%9A%84%E6%96%B0ath%EF%BC%8C%E4%BB%A5%E4%B8%8B%E6%98%AFmetaverse%E7%8B%82%E7%83%AD%E7%9A%84%E8%B5%B7%E5%9B%A0/

What is Axie Infinity?

Axie Infinity is a game universe filled with fascinating creatures, Axies, that players can collect as pets. Players aim to battle, breed, collect, raise, and build kingdoms for their Axies. The universe has a player-owned economy where players can truly own, buy, sell, and trade resources they earn in the game through skilled-gameplay and contributions to the ecosystem.

There are and will be many varied games experiences for Axies. Many of them will have players compete with each other using complex strategies and tactics to attain top rankings or be rewarded with coveted resources. Others will have them complete quests, defeat bosses, and unlock in-depth storylines.

What is AXS?

Axie Infinity Shards (AXS) are an erc-20 governance token for the Axie universe. Holders can shape the future of Axie Infinity by signaling their support for upgrades to the ecosystem and directing usage of a Community Treasury.

AXS Use Cases:

  • Staking - Players will be able to lock up their tokens to receive newly created AXS. Stakers will also be required to vote and play to claim rewards.
  • Payment - AXS will be accepted as currency within the Axie NFT marketplace. AXS may also be used to determine eligibility for participation in certain sales/auctions conducted by the Axie team.
  • Governance - In early 2021, the Community Treasury will go live and begin to receive revenues generated by Axie Infinity as well as a portion of staking rewards. This treasury will be governed by AXS stakers once the network has become sufficiently decentralized.

What is SLP?

Small Love Potion (SLP) tokens are earned by playing the battle or adventure mode of the Axie Infinity game. This digital asset serves as a reward for winning battles. SLP are ERC-20 tokens, and they can be used to breed new axies.

SLP Use Cases:

  • Breeding Axies

How to breed Axies?

To start breeding, player must have at least two axies that are not listed on the marketplace.

First, go to https://marketplace.axieinfinity.com/ (you will need to connect your Ronin wallet in order to perform any activity on the website)

Then, click on ‘My Account’ and select ‘Inventory

Click on the Axie that you wish to use for the breeding proccess

Click on ‘Breed

Select the second axie for the breeding proccess

Finally, click on ‘Let’s Breed!

Remember, you have to wait 5 days until your egg grows into ‘Real Axie’!

Information sources:

The information about the AXS and SLP tokens was taken from the Axie Infinity official website (https://axieinfinity.com)

What’s next for ChainStats?

We will make rankings on ‘Top Blockchain Games’ later this week, so stay tuned!

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