What kind of currency is AXS coin? Introduction to the official website, circulation and trading platform of AXS coins

As a governance token, AXS empowers holders to influence the direction of the Axie Infinity game and its broader ecosystem through voting on governance proposals.

Oct 30, 2024 at 03:29 pm

AXS Coin: A Deep Dive into the Token Behind Axie Infinity

1. Overview of AXS Coin

AXS coin is the native cryptocurrency of Axie Infinity, a popular play-to-earn blockchain game. It serves as a governance token, allowing holders to participate in decision-making for the Axie Infinity ecosystem through voting on proposals. Additionally, AXS can be used for staking, earning rewards for contributing to the network's liquidity and security.

2. Official Website

The official website for AXS coin is:

https://axieinfinity.com/axs

3. Circulation and Tokenomics

As of February 2023, the circulating supply of AXS coin is approximately 61 million, with a maximum supply of 270 million. The distribution of AXS tokens is as follows:

Play-to-Earn Rewards: 46%
Axie Infinity Team: 8.8%
Early Supporters: 7%
Advisors and Investors: 2%
Playable NFTs: 23.2%
Future Ecosystem Funds: 13%

4. Trading Platforms

AXS coin can be traded on a number of cryptocurrency exchanges, including:

OKX
Binance
Coinbase
Huobi
KuCoin

5. Conclusion

AXS coin is an important part of the Axie Infinity ecosystem, facilitating governance, staking, and play-to-earn mechanics. It is widely traded on major cryptocurrency exchanges and has a well-defined tokenomics model.

Disclaimer:info@kdj.com

The information provided is not trading advice. kdj.com does not assume any responsibility for any investments made based on the information provided in this article. Cryptocurrencies are highly volatile and it is highly recommended that you invest with caution after thorough research！

If you believe that the content used on this website infringes your copyright, please contact us immediately (info@kdj.com) and we will delete it promptly.

Fear & Greed Index

Trade Now

Biggest Gainers

ARDR

$0.1154

33.21%

Trade Now
TRUMP

$12.4054

31.38%

Trade Now
ZBCN

$0.0...09506

23.63%

Trade Now
TST

$0.0842

21.02%

Trade Now
SKI

$0.0611

20.24%

Trade Now
B3

$0.0047

18.84%

Trade Now

Latest Crypto News

Russia Attacks Bitcoin Mining Operations Again: More Restrictions Coming
2025-04-24 17:30:12
Johor police cripple bitcoin-mining syndicate, causing TNB losses exceeding RM1.28 million
2025-04-24 17:30:12
Solana (SOL) Price Surged by 5% and Hit $150.22
2025-04-24 17:25:13
ING is teaming up with crypto firms to launch a euro-backed stablecoin.
2025-04-24 17:25:13
Bitcoin vs Ethereum in 2025: Two Cryptos, Two Different Jobs
2025-04-24 17:20:12
Pi Network Surprises the Market with a 5% Price Surge as It Launches Migration to Mainnet
2025-04-24 17:20:12

Related knowledge

What is Ethereum’s Slashing mechanism and how to punish malicious behavior?

Feb 20,2025 at 03:08am

Key PointsOverview of slashingDifferent types of slashing in EthereumIncentives and consequences of slashingIdentifying and reporting slashed validatorsOngoing discussions and potential improvementsEthereum's Slashing Mechanism: Punishing Malicious BehaviorEthereum's slashing mechanism is an essential tool for ensuring network security and punishing mal...

What is the verifier node of Ethereum and how to become a verifier?

Feb 19,2025 at 06:00pm

The Verifier Node of Ethereum: A Comprehensive GuideKey Points:What is a Verifier Node?How to Become a Verifier NodeResponsibilities and Rewards of a Verifier NodeMinimum Requirements for Becoming a Verifier NodePotential Difficulties in Running a Verifier Node1. What is a Verifier Node?A Verifier Node is an independent entity on the Ethereum network th...

What is Ethereum’s staking, and how to participate and earn money?

Feb 19,2025 at 04:37pm

Key Points:Understanding Ethereum's Staking MechanismSteps to Participate in StakingBenefits and Rewards of StakingSecurity and Risk ConsiderationsTechnical Requirements and Hardware OptionsPotential Challenges and Troubleshooting TipsFAQs on Ethereum StakingWhat is Ethereum's Staking?Proof-of-Stake (PoS) is a consensus mechanism used in blockchain netw...

What is Ethereum’s DAO (Decentralized Autonomous Organization) and how does it work?

Feb 20,2025 at 03:12am

Key PointsDefinition and Structure of a DAOGovernance and Decision-Making in DAOsBenefits and Use Cases of DAOsChallenges and Limitations of DAOsWhat is Ethereum's DAO (Decentralized Autonomous Organization) and How Does It Work?Definition and Structure of a DAOA Decentralized Autonomous Organization (DAO) is an innovative governance and management fram...

What is Ethereum's multi-signature wallet and how to improve security?

Feb 20,2025 at 02:18pm

Key Points:Understanding the Concept of a Multi-Signature WalletBenefits and Drawbacks of Multisig WalletsRequirements for Setting Up a Multisig WalletStep-by-Step Guide to Generating a Multisig WalletImplementing Strategies for Enhanced Security1. Understanding the Concept of a Multi-Signature WalletA multi-signature (multisig) wallet in the Ethereum e...

What is Ethereum's oracle and how to provide data for smart contracts?

Feb 21,2025 at 01:30am

Key Points:Understanding the concept of oracles in EthereumExploring different types of oraclesDetailed guide on how to provide data for smart contractsAddressing potential challenges and considerationsWhat is Ethereum's Oracle?Oracles are crucial components in the Ethereum ecosystem, enabling smart contracts to access real-world data and off-chain even...