Axie Infinity Economy Proposal

Data Source: AxieWorld and CoinGecko
  • Breeding 3 Axies -> 1.8k*3=5.4k SLP burnt
  • Daily SLP earned -> 80 SLP minted (50 from PVE, 5 from PVP, 25 from quests)
  • Payback period -> 5.4k/80=67 days
  1. Increase the baby tax ~ increase breeding cost
  2. Decrease the daily salary ~ decrease average daily SLP earnings
  3. Stop paying the daily salary once a vampire reaches a certain age ~ have max energy limit per Axies
  4. Encourage vampires to have more babies ~ encourage guilds to buy more Axies
  5. Seek for alternative revenue channels ~ UGC content, land, non-monetary item sales
Source: DeFi Vader Model
Source: DeFi Vader Model
Source: DeFi Vader Model
Data Source: The Lunacian and CoinGecko
  1. Reduce daily SLP rewards for PVE and quests
  2. Reduce daily SLP rewards for PVP for higher MMR buckets and replace them with AXS rewards (similar to what Josh proposed)
  1. Axie Upgrading; players should be able to pay to upgrade their Axies (extend max energy limit, upgrade body parts/stats) by burning a)SLP or b)Axies.
  2. Non-Monetary Items and Loot Boxes; players should be able to purchase non-monetary NFTs that have no impact on winning a battle such as skins, cosmetics, wearables. Axie can either sell these items itself or could run an item marketplace similar to Decentraland that enables third party creators to post their own skins, cosmetics (by paying an application fee in SLP). Any non-monetary NFT transaction on the marketplace should be denominated in SLP and be burnt.
  3. Marketplace Fees; marketplace transactions are currently denominated in ETH. I propose that SLP should be used as the main currency of the marketplace and the marketplace fees generated in SLP should be burnt. Even though this has a minor impact on the SLP burnt, it will encourage more people to hold liquid SLP as it will be the main currency of the Axie Nation.
  1. Land and other games developed by Sky Mavis
  2. Games built on Ronin that use SLP as their in-game currency and are developed by 3rd part developers or players. In-app purchases and game entry fees should be charged in SLP and be burnt.

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Vader Research

Vader Research

Thesis-driven research firm dedicated to the long-term development of Web3 Gaming. Follow us on Twitter @DeFiVader

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