TechFlow news, Axie Infinity has released an announcement updating its token policy as follows:
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The SLP supply cap is now set at 44 billion tokens.
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For every 10 SLP burned, 2 SLP will be minted into the Repurchase and Stability Fund. The Stability Fund has already been injected with 60,000 USDC.
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The deflationary target for SLP has been set at 2%.
Previous report, Axie Infinity released its 2023 recap and 2024 outlook, stating that in 2024 it will redouble efforts to integrate AXP and evolution utility into dozens of Axie experiences. Meanwhile, it will experiment with changes to SLP distribution and supply dynamics.
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