SLP token policy update, the inflation target is set to 2%
Axie Infinity game has released an announcement updating its token policy, specifically as follows: The current supply cap of SLP is set at 44 billion. For every 10 SLPs destroyed, 2 SLPs will be minted for the buyback and stability fund. A total of 60,000 USDC has been injected into the stability fund. The deflationary target for SLP is set at 2%.
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