AXS has lost more than 17% of its value in the past 24 hours after the team announced the reduction in monthly staking rewards. Axie Infinity Shard (AXS) has lost more than 37% of its value over the past three months and could be set for further losses soon.
Read moreIs it okay to stake AXS now?
Simply put, it’s best to stake AXS when its price is low, and then withdraw when the price is high . Of course, it will be in your best interest to always leave behind a fixed amount of AXS whenever possible in case the price continues to go up.20 Eki 2021
Read moreWhere can you stake AXS?
If you’ve already bought your Axie Infinity AXS tokens on the Binance exchange you can stake these on Binance Earn to earn up to 131.25%. With Binance Earn, you can currently lock your AXS tokens into a fixed 30-day term and earn 115.25% APY.3 Şub 2022
Read moreHow many AXS are needed for staking?
The Axie Infinity team announced the reduction of their monthly staking rewards from 2,000,000 AXS tokens to 1,560,000 . The team announced this in a Twitter post a few hours ago, stating that it is according to the schedule in its whitepaper.
Read moreHow do I stake an AXS coin?
Go to the AXS Staking dashboard, use the “stake” button , then select the desired AXS amount – press “stake” again, and approve the transaction via your Ronin wallet that pops up. Your AXS are now staked.14 Eki 2021
Read moreHow does staking work in AXS?
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.
Read moreHow long will AXS staking last?
78,300,000 AXS – or 29% of the total supply will be unlocked via staking over 5.5 years .2 Mar 2022
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