March SLP Stability Fund Update

In March, there was more SLP emitted than usual as a result of the Axie Classic SLP Chest experiment. However, annualized deflation remained positive at 0.5% due to various SLP burn mechanisms including Runes and Charms Crafting, Metamorph and Breeding.

Final Stats for March 📊

・Net SLP Burnt: -2,317,386

・SLP On-Chain: 41.1B

・Annualized Deflation: 0.5%

Actions Taken ⚒

・According to the latest policy, no actions were necessary.

Stability Fund Holdings

・SLP: 9,773,028

・USDC: 55,000

#USDCÂ