Burn your Axies (for rewards)

First Axie Release event is live

While the SLP price remains under stress, Sky Mavis has made its first move to reduce the over-supply of Axie NFTs.

It’s launched its ‘Axie Release’ feature, which incentivizes players to release (effectively burn) unwanted Axies, gaining them special land-based NFTs in return.

Framed as an experiment, this first release is themed around the Chinese New …