SLP / TetherUSLargo
Breeding Fees Update - Relevant Prices
Current Floor Axie Prices cost around 146.06 USD to breed which requires 2 AXS + 300 SLP
On this new update, they have changed the breeding fees from 2 AXS + 300 SLP to 1 AXS + 600 SLP
This will cause the floor axies prices to drop even more. Or is it? Let's assume the floor axies prices remain the same.
146.06 USD - 63.83 USD (1 AXS) = 82.23 USD.
So assuming the floor axies prices remain the same, 600 SLP will worth around 82.23 USD.
82.23 / 600 = 0.13705 USD
So the SLP prices must go more than 0.13705 USD to make sure the floor axies prices remain the same.
Otherwise, the axies prices will drop even if the SLP prices increased.
Players will lose their investment in axies because their value depreciated while they got their investment back through SLP. Still Breakeven. Let me know what do you think below.
On this new update, they have changed the breeding fees from 2 AXS + 300 SLP to 1 AXS + 600 SLP
This will cause the floor axies prices to drop even more. Or is it? Let's assume the floor axies prices remain the same.
146.06 USD - 63.83 USD (1 AXS) = 82.23 USD.
So assuming the floor axies prices remain the same, 600 SLP will worth around 82.23 USD.
82.23 / 600 = 0.13705 USD
So the SLP prices must go more than 0.13705 USD to make sure the floor axies prices remain the same.
Otherwise, the axies prices will drop even if the SLP prices increased.
Players will lose their investment in axies because their value depreciated while they got their investment back through SLP. Still Breakeven. Let me know what do you think below.
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