) sidechain Ronin Network. Its purpose includes paying for transactions on Ronin, staking and participating in community proposals.
According to its developers, Ronin has over 250,000 unique daily active addresses. When ranked by the number of weekly active users, Katana, Ronin's decentralized exchange , is the No. 2 largest DEX. In addition, the blockchain surpassed $5 billion in deposited value, with 15% of all nonfungible token transactions occurring on the network in 2021. In total, there have been over 2 million Ronin wallet downloads.
But hopes for a smooth launch were offset by complaints from a number of Axie Infinity players. In Axie Infinity, users are rewarded with an asset called Smooth Love Potion for completing tasks. Top users can earn about 1,400 SLPs per day playing Axie Infinity, or 680 SLPs if. As a result of the crypto bear market, SLP has dropped from $0.36 in May down to $0.01 in recent weeks.
So hype for your new coin? But non of the devs care about the status of slp lol. Always saying about the Very long journey? So slp will remain downtrend until your pocket is full of your investors money?
Source: News Formal (newsformal.com)
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