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Axie Infinity: Plans to destroy 10 million SLP from Stability Fund reserves

Axie Infinity: Plans to destroy 10 million SLP from Stability Fund reserves

2024/04/11 15:13

Axie Infinity announced the March SLP Stability Fund fund information update, which showed that the SLP supply increased by 60,291,509 pieces in March, the USDC balance of the Stability Fund was 55,000 pieces, the SLP balance was 9,773,028 pieces, and the net destruction amount was 59,194,118 pieces. Axie Infinity also announced its next steps, including purchasing 5,000 USDC worth of SLP tokens at the current price and destroying 10 million SLP from Stability Fund reserves.

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