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Axie Infinity

AXS

About

Axie Infinity is one of the most popular blockchain games allowing you to breed your own Axies.

$1,672,152,908

$462,733,742

20.91%

30d

+0%

N/A

Reward Options
Risk
Complexity
Reward
Adj. Reward
Minimum
Lock Up
Avg. Fee
Participating
Stake AXS
Risk
stable
Complexity
easy
Reward
83.6%
Minimum
-
Lock Up
-
Participating
100%
Adj. Reward
56.28%
Avg. Fee
-
Lend AXS
Risk
moderate
Complexity
easy
Reward
34%
Minimum
-
Lock Up
-
Participating
-
Adj. Reward
34%
Avg. Fee
-
USD
AXS

Advanced calculator

Revenue over time (USD / week)

Total Reward Rate

0%

or 0% annualized

Est. Monthly Earning

$0

0 AXS

Est. Yearly Earning

$0

0 AXS

FAQ's

  • What is Axie Infitity?
  • Axie Infinity is a blockchain-based trading and battling game that is partially owned and operated by its players.

    Inspired by popular games like Pokémon and Tamagotchi, Axie Infinity allows players to collect, breed, raise, battle and trade token-based creatures known as Axies.

    These Axies can take various forms, and there are more than 500 different body parts available, including aquatic, beast, bird, bug, plant and reptile parts. Parts from each type class come in four different rarity scales: common, rare, ultra rare and legendary — and Axies can have any combination of body parts, making them highly variable and often rare and unique.

    Each Axie is a non-fungible token (NFT) with different attributes and strengths and can be entered into 3v3 battles, with the winning team earning more experience (exp) points that are used to level up an Axie’s stats or evolve their body parts. These Axies can be bred together to produce new and unique offspring, which can be used or sold on the Axie marketplace.

  • What is AXS?
  • AXS is the governance token for the Axie Infinity game.

    You can earn AXS tokens by playing with your Axies every day, and breeding them to create new and exciting Axies.

    AXS are used to participate in key governance votes and will give holders a say in how funds in the Axie Community Treasury are spent.

  • How can I get AXS?
  • Not only can you buy AXS on exchanges, you can also earn it for free through game play:

    • Competing in PVP battles to win leaderboard prizes.

    • Breeding Axies and selling them on the marketplace.

    • Collecting and speculating on rare Axies such as Mystics and Origins.

    • Farming for the love potions that are needed to breed Axies. These can be sold on exchanges such as Uniswap and Binance.

    • Starting in 2021 players can earn a governance token, AXS, which represents a real slice of the game universe as it has governance rights and fee sharing built into it. Since players can earn this token by playing, a Ready Player one type quest emerges where players can actually earn part of the universe. However, these quests are not winner takes all and rewards each player based on their effort and skill.

  • Who is the team behind Axie Infinity?
  • Axie Infinity was created in 2018 by Sky Mavis — a technology-focused game developer with a team primarily based in Vietnam. It was co-founded by Trung Nguyen and Aleksander Larsen.

    Trung Nguyen is the current CEO of the platform. Nguyen graduated with a BS in computer software engineering, and worked as a software engineer at Anduin Transactions prior to founding Axie Infinity.

    Former competitive gamer Aleksander Larsen is also credited as a co-founder and COO of the platform. Larsen has been working in blockchain gaming since 2017. He previously worked as the executive security officer for the Norwegian Government Security Organization and still sits as Secretary of the Board of Directors at the Blockchain Game Alliance.

    In total, the Axie Infinity team consists of 25 full-time employees — many of whom have experience with game development.

  • What is AXS staking?
  • Staking is a way to reward community members for having a long term mindset and locking up their AXS tokens. By staking your AXS you’ll be able to earn AXS rewards when you lock up your tokens through the staking dashboard. In the future, staking AXS will give you voting rights and a say over the use of the Community Treasury which now holds over a billion dollars in tokens.

  • How do I stake AXS?
  • Before staking AXS, you have to bridge the tokens from Ethereum to the Ronin Sidechain, which is utilised by Axie Infinity.

    You can then stake AXS on their official dashboard with a single transaction being made.

    Keep checking StakingRewards for up to date news on all things staking related.

  • How much can I make staking AXS?
  • We cannot yet give an estimate, however, we know that 29% of the total AXS supply (78,300,000 AXS) will be given to stakers over the course of 65 months.

    These rewards will be proportionally distributed between all stakers.

  • What do I have to do after staking AXS?
  • After setting up your staking for AXS, please make sure to come back regularly to claim/restake rewards for the compounding effect.

    How often you should restake depends on the total amount you are staking.

  • What is next for AXS staking?
  • In the future, Axie may upgrade their staking system to give better rewards to those that have measurably added value to the Axie ecosystem prior to claiming. There is still much research and experimentation to be done in this aspect of governance.

    The stakers who are not players or interested in participating in governance could be able to delegate their required “work” to other parties.

    This might lead to a future where guilds or corporations with massive amounts of AXS will need to look for talented players who can ensure a high enough Axie score to collect weekly yield.