<h2 class="wp-block-heading"><strong>What is Axie Infinity?</strong></h2><p>Axie Infinity a universe filled with collectible creatures called Axies. Axie aims to create a player-owned economy where players have complete ownership of their digital assets and can buy, sell, and trade them just like physical trading cards and collectibles. It also aims to create a social network and earning platform powered by the strong community and opportunity to truly own resources earned within the games. The token that powers Axie Infinity is AXS and it is exclusively used for trading, staking, in-game utilities, and governance votes on the network. This tutorial will show you how to stake your AXS tokens on the Ronin network.</p><h2 class="wp-block-heading"><strong>Prerequisites</strong></h2><h3 class="wp-block-heading"><strong>Where to buy AXS</strong></h3><p>You can get AXS tokens at a cryptocurrency exchange, at a DEX, or within select wallets. You should always do your own research when selecting a reputable cryptocurrency exchange. For best security, it is not recommended to leave your tokens on an exchange, but transfer them to your non-custodial or cold/hardware wallet after procuring them.</p><h3 class="wp-block-heading"><strong>Axie Infinity wallets</strong></h3><p>AXS has a variety of non-custodial wallets for you to choose from. We recommend that you use a hardware wallet such as Ledger to store the tokens. For staking, we suggest using the Ronin wallet. Compatible wallets include:</p><ul><li><a target="_blank" rel="noopener noreferrer" href="https://chrome.google.com/webstore/detail/ronin-wallet/fnjhmkhhmkbjkkabndcnnogagogbneec?hl=en">Ronin wallet</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://trustwallet.com/">Trust wallet</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://atomicwallet.io/">Atomic wallet</a></li><li><a target="_blank" rel="noopener noreferrer" href="https://www.myetherwallet.com/">MyEther wallet</a></li></ul><h3 class="wp-block-heading"><strong>How to connect Axie Infinity (AXS) to Ronin</strong></h3><p>When setting up your Ronin wallet, it will automatically create an AXS account for you.</p><figure class="wp-block-image"><p><img src="https://lh5.googleusercontent.com/H6_QjisRj9ls4apjjlpAV7L9LAI_nH8VlzPbi4vcRNURX9fFXSVm_PbydlOYOpzVlT7xMTciBJjuONZB7SdMgxx1xbGgOCTmpWXOT4fNBn2BneXRVIIO5vS0wDwM21tOf0f6VDeHTqcrXCCeuwcrdT4" alt="How to Stake Axie Infinity (AXS)" decoding="async"></p><figcaption class="wp-element-caption">How to Stake Axie Infinity (AXS)</figcaption></figure><h3 class="wp-block-heading"><strong>Important things to note</strong></h3><p>We’ve shown the mnemonic phrase for teaching in this tutorial. In reality, do NOT show anyone your mnemonic phrases! Store them well as you can use them to restore your wallet.&nbsp;</p><h2 class="wp-block-heading"><strong>How Staking Rewards for Axie Infinity (AXS) are Generated</strong></h2><p>Learn how rewards are generated in the FAQ section titled ‘How are the rewards generated’’ <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/earn/axie-infinity/">here</a>.</p><h2 class="wp-block-heading"><strong>How to stake Axie Infinity (AXS)</strong></h2><h3 class="wp-block-heading"><strong>Step 1: Make sure you have a Ronin wallet</strong></h3><p>Stake your AXS tokens using Ronin wallet or Trust wallet amongst others. We will use the Ronin wallet in this staking tutorial.</p><p>As a popular wallet in the Axie Infinity ecosystem, Ronin offers users the ability to stake tokens, access blockchain apps, and manage multiple tokens in one wallet. Simply connect your Ledger to Ronin wallet or use Ronin wallet directly to stake AXS. Install the <a target="_blank" rel="noopener noreferrer" href="https://chrome.google.com/webstore/detail/ronin-wallet/fnjhmkhhmkbjkkabndcnnogagogbneec?hl=en">Ronin wallet browser extension</a> or download the Ronin wallet <a target="_blank" rel="noopener noreferrer" href="https://wallet.roninchain.com/">here</a>. Deposit your tokens into this wallet before continuing onto step 2.</p><h3 class="wp-block-heading"><strong>Step 2: Go to the Axie Infinity staking portal and start staking</strong></h3><p>After entering your wallet, start staking by following the steps below:</p><ul><li>On the staking dashboard, click on ‘<strong>Approve AXS</strong>’ and then ‘<strong>Confirm</strong>’</li><li>Click on ‘<strong>Stake</strong>’</li><li>Enter the amount of AXS tokens you would like to stake, press ‘<strong>Stake</strong>’</li><li>Press ‘<strong>Confirm</strong>’ to finalize the transaction</li></ul><figure class="wp-block-image"><p><img src="https://lh6.googleusercontent.com/D8vcE-EA2h4Juui3g7PYYMR0kFV9_wT_VGgvsQCcG16C9185B4_9R-bI83jqcJXzRaQEaDBUh8NSkRnbnMA-Bd8h2gs1cM48Zk7VvLXQLYrWns_tX7wKTsf8qHb-BJ5WQkLUvt9F0bCjhQfGo5SsiU4" alt="How to Stake Axie Infinity (AXS)" decoding="async"></p><figcaption class="wp-element-caption">How to Stake Axie Infinity (AXS)</figcaption></figure><p>We recommend you to leave at least 0.01 RON tokens for gas fees. This cost will vary depending on the network activity on Ronin network.</p><p>Congratulations! You have now staked your AXS tokens and will start earning those juicy staking rewards.&nbsp;</p><h3 class="wp-block-heading"><strong>Step 3: Track staking portfolio</strong></h3><ul><li>Track your AXS staking rewards on the staking dashboard.</li><li>Monitor governance <a target="_blank" rel="noopener noreferrer" href="https://discord.com/channels/410537146672349205/1063169406974312508">proposals</a> on Axie Infinity that may impact the staking mechanism.</li><li>Track the current and historical reward rates and staking ratio of Axie Infinity by visiting the <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/earn/axie-infinity/">AXS asset page</a>. To make better staking decisions, it’s essential to understand these relevant data points. To learn how these data points could impact your staking rewards, please read more in the FAQ section named “How are the rewards generated” on the <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/earn/axie-infinity/">AXS asset page</a>.</li></ul><figure class="wp-block-image"><p><img src="https://lh3.googleusercontent.com/O6BTjFauipFtZvUdUeMiJh1rMkO4BzrR48GbLKWpa7O-8WGOb41XUzFHA9-ydtueR4bK2da38nsApfXTgSXW8vcl468sEMlbdUm_Ox51mfDqkoOCUnHX1F7IyWYz1kp38twqVkVZvB62OG2LcEVbyGI" alt="How to Stake Axie Infinity (AXS)" decoding="async"></p><figcaption class="wp-element-caption">AXS staking data</figcaption></figure><h3 class="wp-block-heading"><strong>Step 4: How to Unstake AXS</strong></h3><p>To unstake your AXS tokens, follow the steps below:&nbsp;</p><ul><li>On the staking interface, click on ‘<strong>Unstake</strong>’</li><li>Enter the amount of tokens you would like to unstake</li><li>Press ‘<strong>Confirm</strong>’</li></ul><figure class="wp-block-image"><p><img src="https://lh5.googleusercontent.com/9LioxtWjXa7T0wZ3XeQWFP37zytlPppzqMzQvA4iAVbPYDHSqfUx_Bkc_lB8RXmz7CinxBRmdhUghXZHCanmBTcJoU7qLQZ8mTute1NiAMzKbolHusiGBZCpJu4osIWacBq1nygU3cN0yBPZ3T9U_hI" alt="" decoding="async"></p></figure><h2 class="wp-block-heading"><strong>Maximizing Staked AXS</strong></h2><p>Now that you have staked your AXS, you have 4 options which can be used to change your position. These options appear on the <a target="_blank" rel="noopener noreferrer" href="https://stake.axieinfinity.com/">AXS Staking Portal</a>. The options are:</p><ul><li>Stake more</li><li>Claim reward</li><li>Restake reward</li><li>Unstake</li></ul><h3 class="wp-block-heading"><strong>Stake more</strong></h3><p>You can stake more AXS tokens by repeating Step 2 shown above.</p><h3 class="wp-block-heading"><strong>Claim reward</strong></h3><p>You can claim rewards by clicking on ‘Claim’ on the staking interface.&nbsp;</p><h3 class="wp-block-heading"><strong>Restake reward</strong></h3><p>By restaking, you are claiming your rewards and staking them again. However, note that every time you claim rewards (Claim or Restaking), you’ll need to wait 24 hours before you can do another claim or restake. By using our <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/calculator/?asset=axie-infinity">AXS staking calculator</a>, you can calculate the optimal re-stake frequency for your amount of AXS.</p><h3 class="wp-block-heading"><strong>Unstake</strong></h3><p>You can unstake your positions by following Step 4 shown above.</p><h2 class="wp-block-heading"><strong>Conclusion</strong></h2><p>Staking is essential to gaming protocols like Axie Infinity and comes with many benefits for investors and the network:</p><ul><li>Investors earn yield from token emissions and/or transaction fees</li><li>Stakers become eligible for airdrops as many protocols prioritize granting these benefits to them</li><li>Staking helps to secure the protocol</li><li>Stakers can participate in governance, as many protocols allocate governance rights based on the amount of tokens staked</li></ul><p>Congratulations! You are now not only getting the most out of your investment with compounded returns. YOU are also (in-)directly contributing to the the security of Axie Infinity and thus contributing to the long-term success of your investment! Axie Infinity needs active stakers like you to become successful long-term.&nbsp;</p><p>Now share the tutorial with your friends so they can get to start staking as well!</p><p>Lastly, don’t forget to check out the <a target="_blank" rel="noopener noreferrer" href="https://www.stakingrewards.com/earn/axie-infinity/">Axie Infinity (AXS) asset page </a>for more insights into staking AXS, and drop us a <a href="mailto:content@stakingrewards.com">message</a> if you found this tutorial useful. Happy staking!</p>

How to Stake Axie Infinity (AXS)

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