What is AXS in Axie Infinity?

Genel

AXS is the governance token of Axie Infinity. A governance token is a type of token that allows its holders to vote on proposals that will determine the future of a protocol. AXS holders can use their tokens to choose which upgrades they want for the Axie ecosystem.

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What determines the price of an Axie?

Genel

However, not all Axies are equal: Their value is determined by a combination of rarity and utility . The overall Axie population can be distinguished according to different classes of rarity or scarcity. Contrary to the inflationary supply of Axies in general, ‘Origin Axies’ are strictly limited in supply (to ca. 4000).

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What is a AXS coin?

Genel

About Axie Infinity. AXS is an Ethereum token that powers Axie Infinity, a blockchain-based game where players can battle, collect, and build a digital kingdom for their pets . AXS holders can claim rewards for staking their tokens, playing the game, and participating in key governance votes.

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How do I get an AXS token?

Genel

Players will also be able to earn $AXS when they play various games within the Axie Infinity Universe and through user generated content initiatives . Players will be able to lock up their tokens to receive newly created AXS. Stakers will also be required to vote and play to claim rewards.

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How does AXS token work?

Genel

AXS is the governance token of Axie Infinity. It is thought of as the glue to connect all members in the Axie Infinity Universe . Users can earn AXS by playing Axie Infinity. AXS holders are able to claim rewards by staking, playing the game, or participating in governance activities.

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