Axie Infinity: Plans to destroy 10 million SLP from the Stability Fund reserve
Axie Infinity has announced updates on its March SLP Stability Fund, which shows an increase of 60,291,509 SLP in supply for March. The Stability Fund has a USDC balance of 55,000 and an SLP balance of 9,773,028, with a net destruction of 59,194,118 SLP. Axie Infinity has also announced its next plans, which include purchasing 5,000 USDC worth of SLP tokens at current prices and burning 10 million SLP from the Stability Fund reserve.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
UAE and Saudi Arabia Lead Global AI Adoption, Outpacing 87% Worldwide Average
Bitcoin Surges to New All-Time High as Crypto All-Stars Presale Hits $20M
MicroStrategy Buys $1.5B in Bitcoin, Raising BTC Holdings at 439K
The company's BTC holdings are now worth over $46.7 billion at current prices
Bitcoin Hit a New ATH Above $107K, as BTC ETFs Recorded 13 Consecutive Inflow Days
Since November 27, BTC ETFs recorded almost $6 billion in inflows, amidst rising institutional interest
Trending news
MoreCrypto prices
More
