Axie Infinity (@AxieInfinity): November SLP Stability Fund Update

November SLP Stability Fund Update In November, there were two factors that drove SLP burning beyond regular breeding: the Wings of Nightmare and the Origins S11 launch. First, the Wings of Nightmare introduced a new axie collection to Lunacia – Nightmare axies. These axies can Meta Morph up to 3 parts, which requires SLP burning. Second, the launch of Origins S11 brought back Rune and Charm crafting and gave players an incentive to Meta Morph, which further drove more SLP burning. October and November Stats Net SLP Burnt in October: 17,455,082 Net SLP Burnt in November: 17,552,977 SLP On-Chain: 41.2B Annualized Deflation: 0.57% Actions Taken No actions are necessary according to the latest policy Stability Fund Holdings SLP: 9,773,028 USDC: 55,000 USDC