Axie Infinity has announced important updates regarding the burning of Smooth Love Potion (SLP) in September. They disclosed that the Meta Morph method, which includes Class Morphing for Mystic and Agamogenesis Axies, has aided in the burning process. Additional SLP burning was achieved through Rune and Charm crafting for Origins during the competitive Season 10 Epic and Mystic Eras. These updates are part of Axie Infinity's efforts to lower SLP supply and strengthen the ecosystem. The net SLP burn in September was 43,328,509, bringing the overall on-chain SLP supply to 41.23 billion. Axie Infinity's long-term plan includes burn occurrences to balance SLP supply and demand. The Meta Morph mechanism alone has burned 15.1 million SLP over the past two months. The present systems are considered sufficient to sustain the deflationary tendency. The Stability Fund assets of USDC 55,000 and 9,773,328 SLP are well-positioned to assist the financial stability of the ecosystem. Axie Infinity has also made improvements to in-game features and mechanics to enhance user experience. Despite these developments, the in-game token AXS has experienced a decline in value.
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