Since the reward cut half, the market supply will decrease half until the next season/patch is announced. I'm still bearish at the long term (unless if the dev decided to push the price higher)
But developers also mentioned that:
"We may increase the amount of SLP required per breed in the future if burning and minting is still skewed towards oversupply of SLP."
There could be much more demand for SLP soon.
Syndra
⋅
@Azipopa, thanks for the additional info. Until that update is implemented, I think that the price should continue going down but at a slower rate. Also, people who are panic sell their Axies now are probably screwed if the dev increases the breeding cost haha