What happens if you stake 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.

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Is it better to stake AXS?

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

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How can I stake AXS?

If this is your first time staking AXS, you will first have to connect your Ronin Wallet . To do this, click “Connect to Ronin Wallet.” To stake AXS, simply click “STAKE.” This will open a Ronin pop-up where you can write down how many tokens you’d like to stake.

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What is AXS staking?

AXS staking acts as an incentive for holding AXS and supporting the ecosystem . Stakers receive freshly issued AXS and will be able to signal their support for various proposals to improve Axie Infinity. AXS stakers will eventually direct usage of The Community Treasury.

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