As of this Saturday, withdrawals for the Ronin network of AXS and SLP will open.
Binance announced today that it has now completed the Ronin network integration of Axie Infinity (AXS) and Smooth Love Potion (SLP) and has opened deposits for Ronin AXS and SLP tokens. Withdrawals for the Ronin
network will open from this Saturday, September 4, 2021 at 00:00 (UTC).
In addition to supporting deposits and withdrawals of Ronin AXS and SLP tokens, Binance
will continue to support deposits and withdrawals of ERC20 and BEP20 AXS & SLP tokens.
As many know, Axie Infinity is the trending crypto game, which is driving users in many countries, including the Philippines, Venezuela and Argentina crazy. In fact, yesterday we reported that Axie Infinity, which is based on the Play-To-Earn or play-to-win model, has generated a turnover of over USD $800 million in the last 30 days
About the terms
The online game, developed by Sky Mavis studio, allows players to generate revenue by buying, breeding and selling tokenized digital pets known as Axies. AXS and SLP
are the game’s cryptocurrencies, the former is the governance token and the latter is the one that allows you to create new digital pets, which are the ones that will compete to earn more coins.
For its part, Ronin is a sidechain linked to Ethereum
made specifically for this game.
, on the other hand, has reduced its price by 30% in the last month.
If you want to know more how Axies trades you can read the experience of a player who got in on a scholarship
Version of DiarioBitcoin
Image by Axie