The AXS coin (Axie Infinity Fragment) is relatively new to the Axie Infinity universe-released in November 2020. AXS holders will be able to use tokens for staking and voting and play games. These rewards come from community treasures, including items purchased in the game. However, as of January 2020, the community's warehouse and mortgage functions have not yet been implemented.
The total supply of AXS will be 270,000,000. Some tokens are allocated to the public sale, some are used in games to earn features, and some are allocated to Sky Mavis and the project’s consultants. The initial supply at the time of the IPO was less than 60 million. It is expected that the number of tokens released by 2026 will increase year by year.
- Project realization mechanism:
Axie Infinity is a huge interactive network, players can use the application to interact with the entire Axie Infinity universe.
- Scenario management:
AXS token holders will be allowed to stake their tokens to participate in platform governance voting. Token Staking: Users will be able to get weekly rewards by staking AXS tokens. Payment: Players can use AXS tokens to make various in-game payments.
- Token incentive mechanism:
Players get rewards by earning tokens for playing games, winning games in PvP and adventure modes, and earning tokens through games. Developers can get rewards by earning tokens, and punters can get rewards by earning tokens. The rich growth of the characters has attracted a large number of players who are keen to train and take risks.
- Token function:
Governance: AXS token holders will be allowed to pledge their tokens to participate in platform governance voting.
Token Staking: Users will be able to get weekly rewards by staking AXS tokens.
Payment: Players can use AXS tokens to make various in-game payments.
The official website stated that the reason for adjusting the token economy is that the output of SLP is not proportional to the minting. From the statistical chart, it can be seen that the red part of the token output (mint) is much higher than the yellow part of the token burn (burned). Officials also mentioned that robots abuse the PvE mode to complete most levels.
Technical analysis
