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 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.
Read moreWhat 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.
Read moreHow does AXS staking work?
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 moreCan you stake AXS on Binance us?
Binance.US will list Axie Infinity (AXS) and open trading on AXS/USD and AXS/USDT pairs on November 11, 2021 at 8am EST / 5am PST.
Read moreIs staking safe on Binance?
DeFi Staking On Binance DeFi staking can be risky , and for this reason, Binance vets their DeFi staking partners to minimize risks to their customers. However, while DeFi staking on Binance features high APYs, there is still risk involved as Binance is not responsible for any on-chain smart contract security issues.
Read moreIs staking on PancakeSwap safe?
Secure. PancakeSwap has proven to be very secure . For one, it’s a non-custodial DEX, meaning that the platform never holds your assets directly in large hot wallets. DEXs are much more secure than centralized exchanges for this reason.
Read more