Is AXS a coin or a token?

1. AXS is the governance token of Axie Infinity. 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.

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What is AXS coin used for?

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 much is an Axie in Philippines?

Just remember that the value of your Axie will greatly depend on its stats, ability, and even rarity. A number of the cheapest Axies in the market aren’t exactly cheap, with some fetching a price tag of around PHP 8,000+ . Breeding Axies requires SLPs, so you need to have enough resources to pursue such an endeavor.

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