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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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  • Blockchain
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  • Guides
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    A Step-by-Step Guide for Risk-Takers

    A Step-by-Step Guide for Risk-Takers

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    What is Spot Trading in Crypto? A Beginner’s Guide to How It Works

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    How It Works and What to Watch Out For

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    Crypto Risk Management Strategies for Trading (2025)

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    What is Dollar-Cost Averaging (DCA) in Crypto? A Beginner’s Guide

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    What Is Liquid Staking? How It Works & Why It Matters in Crypto

    A Full Comparison of Layer 2 Solutions

    What are Rollups in Crypto? ZK Rollups and Optimistic Rollups Explained

  • Analysis
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    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

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    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

    Dogecoin Bull run

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    Benjamin Cowen Warns Majority of Altcoins Will Never See New All-Time Highs Again Amid ‘Serious Declines’

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    SEC Chair Gary Gensler Standing in the Way of Bitcoin ETFs, Says ARK Invest’s Cathie Wood

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

  • Coin Marketcaps
  • Home
  • Crypto
    • Bitcoin
    • Ethereum
    • Altcoins
    • DeFi
  • Web 3
    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    Intellivix Targets Global AI Surveillance Market with ‘False Alarm Elimination’ Gen AMS

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The Future of Gambling: How Casino Sites Are Leveraging Web3

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

    The most potentially profitable investment method in 2025 is through PairMiner crypto cloud mining, earning passive income daily.

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Somnia Launches Playground App to Empower Metaverse Creators

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    CryptoPunks Dominate Top Weekly NFT Sales amid Overall Market Sales Volume Surges 34.19% to $133.66 Million

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    Volume Plunges While Transactions Soar

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    Snoop Dogg’s Telegram NFT Drop Sold Out in Half an Hour

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

    Snoop Dogg’s TON NFT Launch Could Signal New Narrative for NFT Market

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    Why a ‘Mobile-First’ Mentality Drove OpenSea’s Latest Acquisition

    Boxed Memecoins as Collectible Toys

    Boxed Memecoins as Collectible Toys

    Hype fades as NFT platforms lose users

    Hype fades as NFT platforms lose users

    OpenSea Revolutionizes Mobile Trading with Rally Wallet Acquisition

    OpenSea Revolutionizes Mobile Trading with Rally Wallet Acquisition

    Donald Trump Had Said, ‘The US Government Will Not Sell Cryptocurrency From Now On,’ But Something Strange Is Going On — Onchain Data Shows…

    Donald Trump Had Said, ‘The US Government Will Not Sell Cryptocurrency From Now On,’ But Something Strange Is Going On — Onchain Data Shows…

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    GaFin Joins Efforts with Helium Wars to Redefine the Future of Web3 Gaming

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    Crypto games are struggling in 2025, but big brands aren’t giving up

    Taking Back Identity: How MocaChain Decentralizes Digital Power

    Taking Back Identity: How MocaChain Decentralizes Digital Power

    ‘League of Kingdoms’ Expands Into ‘Arena-Z’ as New Games and Tokens Emerge

    ‘League of Kingdoms’ Expands Into ‘Arena-Z’ as New Games and Tokens Emerge

    R-Games and LoveBit Unite to Power ESG-Driven Web3 Gaming

    R-Games and LoveBit Unite to Power ESG-Driven Web3 Gaming

    Elon Musk’s xAI Launches Waifu Companions for Grok

    Elon Musk’s xAI Launches Waifu Companions for Grok

    Web3 Meets the Stadium: The Rise of Competitive Ownership

    Web3 Meets the Stadium: The Rise of Competitive Ownership

    Can Snoop Dogg’s Telegram Drop Revive a Slumping NFT Market?

    Can Snoop Dogg’s Telegram Drop Revive a Slumping NFT Market?

    ‘Off the Grid’ Token Hits Solana, More Games Shut Down

    ‘Off the Grid’ Token Hits Solana, More Games Shut Down

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    A Step-by-Step Guide for Risk-Takers

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    What Is Liquid Staking? How It Works & Why It Matters in Crypto

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    What are Rollups in Crypto? ZK Rollups and Optimistic Rollups Explained

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Home Gaming

Axie Infinity Burns 15.1M SLP with Meta Morphing in Origins

October 4, 2024
in Gaming
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Axie Infinity Burns 15.1M SLP with Meta Morphing in Origins
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  • Meta Morphing in Axie Infinity has led to 15.1 million SLP being burned in just two months.
  • Axie Infinity’s Meta Morph feature enhances Axies by making cards more powerful or adaptable to the game’s meta.

Axie Infinity has made headlines for burning 15.1 million Smooth Love Potions (SLP) tokens in just two months. This SLP burn directly relates to the emergence of a new in-game feature called Meta Morph, which has changed the way collectible Axies are utilized in the Origin mode of the game.

READ ALSO

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Crypto games are struggling in 2025, but big brands aren’t giving up

The demand for SLP has skyrocketed as more and more players—known as Lunacians—embrace this trait, leading to hitherto unheard of token burns.

15.1M SLP Burned in 2 Months as Collectible Axies Meta Morph in Origins

October 2nd, Lunacia

Early this morning, the smell of smoke tickled @jihoz_axie’s nose.

“Did I overcook my egg whites again?” he wondered.

However, further inspection revealed the correct source of the… pic.twitter.com/vK3mUOPImg

— Axie Infinity (@AxieInfinity) October 2, 2024

Data Insights Reveal Surging Meta Morphing Activity and Rising SLP Burns

Axie Infinity’s data team has been attentively observing the scenario over the previous two months, trying to understand the fast developments. Their analysis indicates that 3,805 Axies in all have experienced Meta Morphing over this time, greatly influencing SLP’s high burn rate.

Source: Axie Infinity on X

This tendency shows no slowing down, hence some members of the society joke that Lunacians could soon have to wear masks in the arena to handle the severity of the Meta Morphing fights.

See also  Axie Infinity Launches User-Friendly Adoption Center for Gamers

Axie Infinity debuted Meta Morph in August and soon became well-known because of the fresh value and use it gives collecting Axies, according to CNF.

Axies can morph their cards with Meta Morph, which either increases their power or adaptability to the shifting meta of every season. Encouragement of players to rethink their tactics and maximize their Axies for success has given Axie Infinity’s gameplay fresh vitality.

Beside that, as we previously noted, Axie Infinity has also been diligently improving the player experience by including Chainlink Data Streams into their distributed apps (dApps). While decentralizing the execution of many in-game operations, this integration offers real-time, verified market data for the native coin, AXS.

Faster and more dependable processes, like a lowered cooldown for Fortune Slips to 24 hours, help players now increase their earning potential. Furthermore, changes to the Bounty Board have been made so that players may monitor their development and benefits more easily.

Meanwhile, the game’s native token, AXS, has had a tough ride on the market. AXS is trading at $4.47 at the time of writing, down 4.11% over the last 24 hours.

Tags: 15.1MAxieBurnsInfinityMetaMorphingOriginsSLP

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