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The total amount of axs coins issued

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2024-05-08 12:26:21812browse

The total number of AXS coins issued is 270 million, generated through game activities, land pledges and AXS pledges. Uses include voting, land management, breeding fees, and mall purchases, and as the ecosystem grows, AXS coins have the potential to increase in value due to their scarcity.

The total amount of axs coins issued

Total AXS coin issuance

AXS, or Axie Infinity shards, are the shards of the popular blockchain game Axie Infinity Native governance token.

Total issuance amount:

The total issuance limit of AXS coins is 270 million.

Issuance mechanism:

New AXS coins are generated through the following methods in the game:

  • Player activities: Players can obtain AXS rewards when breeding, fighting and participating in activities in the game.
  • Land Staking: Players can earn AXS by staking land blocks (virtual land in Axie Infinity).
  • AXS Staking: AXS token holders can earn rewards by staking AXS.

Usage:

  • Voting rights: With a certain amount of AXS, players can vote on the Axie Infinity ecosystem Governance proposals are voted on.
  • Land Management: AXS is used to purchase and pledge land blocks in the game.
  • Reproduction cost: Reproducing Axie creatures requires AXS.
  • Mall Purchase: AXS can be used to purchase in-game items in the Axie Infinity Mall.

As the Axie Infinity ecosystem continues to develop, the total issuance of AXS coins is limited, making it a scarce digital asset with potential for value appreciation.

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