In a previous article, we introduced three tokenomic models for single-token blockchain games and their respective pros and cons.
In this article, we’ll go over dual-token projects, an innovation that came after single-token games, which is the most popular model today.
The dual-token model emerged in the first half of 2020 when Axie Infinity introduced SLP (Smooth Love Potion) to reduce selling pressure on AXS, the original game token of Axie Infinity.
Since then, almost all major titles have had a dual-token economy.
To understand how dual-token games work and why this model exists, we should look at how Axie rolled out SLP.
Before introducing SLP, Axie was a single-token GameFi, where players input USD and receive the game token, AXS. With tremendous user growth and money from many PE funds supporting the market, Axie successfully ran on just one token for over a year.
However, it was not difficult for Axie to realize how critical new users were for the projects. Once
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