What is AXS token? AXS stands for Axie Infinity Shard. It is an ERC-20 token built on the Ethereum Blockchain and has a maximum supply of 270,000,000 AXS coins. In fact, AXS was created to be used on Axie Infinity’s platform.
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AXS is the governance token of the Axie Infinity play-to-earn NFT game . 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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The main token, Axie Infinity Shards (AXS), can be bought and sold on exchanges like Coinbase . You need some AXS to play the game, but you can also trade AXS like Bitcoin or Dogecoin or any other major crypto.
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Axie Infinity (AXS) – 5 crypto tokens that experts say should be on your radar | The Economic Times.11 Oca 2022
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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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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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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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