SLP Rewards Disabled in Axie Infinity Origins to Curb Bot Farming

Axie Infinity Origins has disabled SLP (Smooth Love Potion) rewards to combat bot farming and reduce excessive token emissions according to recent reports. The move is part of a broader strategy to stabilize tokenomics and address inflationary pressures, with the introduction of bAXS as a new app token for staking, spending, and earning as detailed in the announcement. The AXS token has surged over 30% in early January 2025, reflecting investor confidence in the platform's updated strategy according to market data.

Axie Infinity Origins removed SLP rewards to address the issue of bot farming, which has contributed to inflationary pressures in the platform's economy. This decision aims to curb the high volume of token emissions and stabilize the overall economic model. The removal of SLP is expected to reduce the reliance on short-term incentives and encourage more sustainable engagement from players as reported.

The introduction of bAXS is a key element of this strategy. Tied to individual user accounts, bAXS allows for staking, spending, and earning activities that are expected to drive deeper player participation and a more balanced ecosystem according to the platform's update.

In addition to the SLP changes, Axie Infinity has authorized the staking of 2,829 ETH from the community treasury to generate yield and optimize asset management. This governance proposal is part of the broader effort to ensure the long-term sustainability of the platform and reduce sell pressure on AXS as outlined in the proposal.

What impact did the removal of SLP have on the AXS token price?

The AXS token experienced a notable price rebound, rising over 30% in early January 2025. This reflects investor confidence in the platform's strategic direction and its focus on long-term sustainability according to analysis. Despite the broader GameFi market experiencing a 2% decline during the same period, Axie Infinity outperformed many of its peers as market data shows.

How does bAXS contribute to sustainable engagement in Axie Infinity?

bAXS is designed to replace SLP as a tool for fostering sustainable player engagement. Tied to individual user accounts, it allows for staking, spending, and earning activities. This is expected to drive deeper participation and a more balanced economic model according to the platform's documentation.

What are the broader implications for the GameFi sector?

The GameFi market has shown signs of cooling after a strong start to January. Axie Infinity's strategic reforms highlight the importance of sustainable economic models in the space as industry analysis indicates. Despite regulatory challenges and volatility, institutional interest in Axie Infinity remains strong, indicating a continued focus on long-term value creation according to recent reports.