Axie Infinity (AXS)
- Category: Metaverse
- Coin Launched: March, 2018
- Resources: White Paper
- Official Website: Axie Infinity
- Reddit: Axie Infinity
About Axie Infinity
AXS is the governance token for the Axie Infinity game. Token holders will be able to shape and vote for the direction of the game universe. This is unlike traditional games where all decisions are made by the game developers. AXS holders will be able to stake their tokens to earn more AXS and even vote for governance proposals.
AXIE INFINITY History / Information / Buying / Staking
AXIE INFINITY HISTORY
AXIE INFINITY started in 2017 and was developed by Stani Kulecho who wanted to change traditional finicial system with the potential of Ethereum. AXIE INFINITY was originally launched as ETHlend and the native token was lend, the intial coin offering raised 16.2 Million. Kulencho's vision was to create a platform to connect crypto borrowers and lenders, however due to the worsening financial sitation in 2018 Kulencho had to adjust and rebrand his project that became AXIE INFINITY.
HOW AXIE INFINITY WORKS
AXIE INFINITY is a protocol based on the ethereum blockchain that allows people to lend and borrow cryptocurrency on its decentralized platform. AXIE INFINITY has many different cryptocurrencies in their platform these cryptos can be borrowed for stable and variable interest rates or users can lend cryptocurrencies into liquidity pools and earn interest on deposits.
BENEFITS OF USING AXIE INFINITY
Some of the benefits of using Axie Infinity are:
PLAY TO EARN SYSTEM
AVAILABLE DESKTOP AND MOBILE
POTENTIAL TO EARN PASSIVE INCOME
MOST SUCCESSFUL NFT BASED GAME
CAN YOU STAKE AXIE INFINITY
You can stake AXS tokens on Binance Earn to earn up to 131.25%. With Binance Earn, you can currently lock your AXS tokens into a fixed 30-day term and earn 115.25% APY.
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