Phemex, a cryptocurrency trading, and investment platform, is working hard to fulfill its purpose of building and supporting the metaverse. The full-service crypto exchange debuted in 2019 and has already amassed a slew of capabilities. Phemex has already approached 100 total spot and contract pair offers in a short period of time. The platform is now showing its continued support for the metaverse by listing the Axie Infinity-based coin SLP. Furthermore, Phemex is holding a Metaverse iteration of its successful Grab a Coin Campaign, where users may participate to earn SLP.
Phemex’s declaration to support SLP demonstrates the company’s long-standing interest in metaverse-based goods and platforms. SLP is an ERC-20 token that can be obtained by playing Axie Infinity and defeating other players in fights. It is capable of producing new Axies. Furthermore, SLP may be used to purchase and trade products outside of Axie Infinity, and it can be utilized as an incentive for Axie Infinity players who reach particular levels. Previously, SLP had to be won through in-game combat; however, Phemex’s improved accessibility of SLP will allow the Axie ecosystem to expand and evolve even more.
About Axie Infinity (AXS)
Axie Infinity, a wonderful P2E inspired by the Pokémon game series, allows players to earn $ETH by farming $SLP tokens. In this game, players may enjoy a fantastic PC/mobile game to one of the most futuristic and farmer-based models. Participants in the gaming project may earn money in a number of methods, namely smooth love portions (SLP), producing rare Axies, and staking AXS tokens. Players also like training Axies and then using them in battle.
Smooth Love Potion – SLP
It’s rare to find in-game money on exchanges like SLP. In some ways, it’s analogous to Nintendo deciding to assign monetary worth to the coins in Super Mario.
According to Nguyen, axes vary from other non-fungible tokens (NFT) in that they require nurturing to mature.
SLP is also famous for being one of the few in-game tokens included on Binance’s Innovation Zone. This trading category has been selected by the exchange for assets that are “expected to exhibit more volatility and offer a higher risk than other tokens.”
