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AXS and SLP See Continuous Growth for Weeks! Axie Infinity Introduces Aggressive Economic Model Reform

2026-01-23 00:45

BlockBeats News, January 23: Play-to-earn blockchain game Axie Infinity's ecosystem tokens AXS and SLP have been on a continuous rise for several weeks. During this period, AXS has surged over 247% in the past 30 days, reaching a market capitalization of $748 million; SLP has surged over 42% in the past 30 days, reaching a market capitalization of $38.48 million.


The core driver of this surge is the aggressive tokenomics reform introduced by Axie Infinity's developer Sky Mavis in early 2026:


· Starting from January 7, SLP emissions under the Origins mode were completely halted: This directly severed the "farm-and-dump" cycle of automated bot farming, significantly reducing the daily new supply of SLP (reducing inflationary pressure by over 30%), effectively alleviating long-term selling pressure;


· Introduction of bAXS (Bonded AXS, a non-transferable bonded token): Replacing the original freely tradable AXS game reward mechanism, the new token binds to player accounts and is only used for in-game consumption, staking, or governance. High-reputation players incur lower fees when selling, aiming to reward genuine players rather than short-term speculators, further creating an expected supply shortage and curbing bot proliferation.


These structural changes are seen as the most significant overhaul of the Axie Infinity economic model since its peak in 2021. The co-founder Jihoz emphasized that 2026 will adopt a "higher-risk" strategy, including upcoming content updates like Atia's Legacy MMO Beta, to revitalize player engagement and ecosystem sustainability.


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