Axie Infinity (AXS)
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About AXS
Axie Infinity (AXS) is the native governance token of Axie Infinity, a popular blockchain-based game where players collect, breed, and battle fantasy creatures called Axies. Built on the Ethereum network and later migrated to the Ronin sidechain, Axie Infinity allows players to earn rewards in AXS and Smooth Love Potion (SLP) tokens through gameplay. AXS holders can participate in governance decisions regarding the future of the Axie Infinity ecosystem and stake their tokens for additional rewards. For real-time AXS prices, historical trends, and the latest updates, users can visit our Axie Infinity Markets page to stay informed about this pioneering play-to-earn game.
Fact Sheet
News
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Bitcoin ETFs experienced a substantial net outflow of $365 million, while ether ETFs saw a $13 million withdrawal, ending a four-day streak of inflows. Crypto ETFs Face Setbacks With $365 Million and $13 Million Outflows The notable capital movements on…
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Nansen Joins TRON as a Super Representative, Enhancing Blockchain Transparency and Governance
This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. PRESS RELEASE. Singapore – February 21, 2025 – Nansen, a leading blockchain analytics platform, is thrilled to announce its…
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DOGE to BTC? Proposal to Invest US Savings in Bitcoin Floated
The potential savings of the Department of Government Efficiency (DOGE), helmed by Elon Musk, could be used to purchase bitcoin, setting the basis for establishing a strategic bitcoin reserve in the U.S. Proposal: DOGE Savings Should Be Used to Purchase…
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Kasu Launches the Highest Risk-Adjusted Yields in RWA Private Credit
This is a paid promotional article. We encourage you to conduct your own due diligence before participating in any related transactions. PRESS RELEASE. Dubai, UAE, February 21, 2025 – Kasu, the most risk-optimised private credit platform in DeFi, is now…
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Russian Bitcoin Mining Ban Yielding Results in Siberia
The bitcoin mining ban imposed by Russian authorities has helped reduce the load on the Siberian power grid, thereby avoiding potential power rationing and restrictions necessary to preserve the region's outdated energy infrastructure. Ministry of Energy: Russian Bitcoin Mining Ban…
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Frequently Asked Questions about Axie Infinity
What is Axie Infinity (AXS)?
Axie Infinity (AXS) is the governance token for Axie Infinity, a blockchain-based game where players collect, breed, and battle digital pets called Axies. AXS allows players to participate in the game's governance and earn rewards.
How does Axie Infinity work?
Axie Infinity operates on the Ronin sidechain, where players buy, breed, and battle Axies. Players earn rewards in AXS and SLP tokens, which can be used for in-game activities or traded on various platforms.
What makes Axie Infinity unique?
Axie Infinity pioneered the play-to-earn model, allowing players to earn real-world value through gameplay. Its combination of collectibles, decentralized governance, and staking makes it a unique and immersive blockchain game.
Where can I buy and trade Axie Infinity (AXS)?
You can buy, sell, and trade Axie Infinity (AXS) on major exchanges. Our Axie Infinity Markets page provides live AXS prices, historical data, and insights to keep you up-to-date.
What are the benefits of using Axie Infinity?
Axie Infinity allows players to earn through play-to-earn mechanics, participate in game governance, and experience blockchain-based asset ownership, with unique digital pets and items.
How can I store my Axie Infinity tokens securely?
Store AXS in compatible wallets like Ronin Wallet, MetaMask, or Ledger, which support Ronin and Ethereum-based tokens for secure storage of Axie Infinity assets.
What is the role of AXS in the Axie Infinity ecosystem?
AXS serves as a governance and utility token within Axie Infinity, allowing holders to vote on ecosystem decisions, earn rewards, and participate in staking for additional incentives.
Is Axie Infinity a good investment?
Axie Infinity is widely recognized in the play-to-earn sector, attracting users interested in gaming and NFTs. As with any investment, market trends and individual strategies should be considered when evaluating AXS.