AXS Crypto Game Token Just Launched Staking Program

Lovata Andrean

AXS Crypto Game Token Just Launched Staking Program
AXS Crypto Game Token Just Launched Staking Program

Rancakmedia.com – What is AXS coin? AXS crypto is one of the assets that is now popular. This token is part of Axie Infinity, a game for collecting nonfungible tokens (NFTs) based on the Ethereum network.

Axie Infinity is a trading and fighting game where players can collect, breed, grow, battle, and trade Axies, which are effectively NFTs of varying qualities and abilities.

AXS tokens, which are also traded on many crypto exchanges, represent a small part of the gaming industry. This token was released in 2018. AXS currency is already traded on Binance, Huobi Global, OKEx, and FTX, and Tokocrypto.

Some experts suggest, AXS may be set for a possible bullish surge in the coming days.

AXS Coin

In addition to purchasing them directly, players can also earn in-game achievements, such as topping the leaderboard or winning a tournament. They have just announced the implementation of a staking program for their native token, Axie Infinity Shards (AXS).

AXS currency holders can start staking their tokens, while incentives will be applied within 24 hours to guarantee all time zones can be staked beforehand.

“Staking is a method for us to reward our community members for taking a long-term stance and locking up their AXS tokens,” the Axie Infinity team said as part of the release.

The Axie Infinity community holds over 18 million AXS tokens worth over $1,4 billion at the time of writing. Quoted from cointelegraph, as many as 2 million AXS tokens will be issued in the first month of the staking program.

About 58 million of the 270 million AXS tokens are currently in circulation, and the remainder will be issued through staking, game rewards, and ecosystem reward structures.

Conclusion Regarding the AXS Crypto Token Game that Has Just Launched a Staking Program

Axie Infinity is a trading and fighting game where players can collect, breed, grow, battle and trade Axies. The Axie Infinity community holds over 18 million AXS tokens worth over $1,4 billion at the time of writing. Some experts suggest, AXS may be set for a possible bullish surge in the coming days.

Also Read

Share:

Lovata Andrean

Hi, I'm Lovata, I'm not Ai but I am a content writer for SEO, Technology, Finance, Travel, Cooking Recipes and others. I hope this can be useful for all my friends. Thanks