What is AXS?
Definition of Axie Infinity
Axie Infinity Shards (AXS) are the stuff that binds almost all Axie community users together.
AXS cases can claim benefits when they stake their own tokens, play the particular game, and take part in key governance votes. Players may also be able to generate $AXS when these people play various online games within the Axie Infinity Universe plus through user produced content initiatives.
To obtain newly minted AXS, players will be able to lock up their tokens. Stakers will also have to vote and play in order to receive prizes.
The Axie NFT marketplace will accept AXS as a form of payment. AXS can also be used to assess whether or not you are eligible to participate in Axie’s sales and auctions.
The Community Treasury will be operational in early 2021, and it will begin receiving revenue from Axie Infinity as well as a percentage of staking incentives. Once the network has grown sufficiently decentralised, AXS stakers will manage this treasury.
What’s the best way to get an Axie?
You can also breed Axie eggs to make new ones.
New users will be able to get started without having to purchase Axies up front in the future by obtaining non-transferable Axies with limited earning potential.