Axs crypto

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Axie crypto

Top Story Listing How to short Axie Infinity (AXS) token? Additionally, providing liquidity to AXS pairs on decentralized exchanges can earn users trading fees and rewards. For example, the AXS/USDT, AXS/USDC and AXS/BUSD pairs on ReHold currently offer up to 160% APR on Duals, according to the protocol.

Product Overview

One of the growing trends in the crypto verse is blockchain gaming. The young and promising project that is ruling the gaming sector is Axie Infinity. The platform has its own native token AXS. This protocol came up with stunning functionality, where traders can earn through gaming. And well, It was a huge success! What is Axie Infinity Used for AXS is hosted on the Ethereum blockchain and has its own sidechain named Ronin to avoid creating congestion issues on the main blockchain. Its use case is built around the Axie Infinity game that Sky Mavis describes as an open-ended digital pet universe. Players earn AXS in the game and use it to acquire in-game assets, stake to participate in governance or sell in external markets. The AXS token economy was designed by cryptocurrency research firm Delphi Digital.

Axie crypto price

Learn how crypto interacts with the metaverse and why they are so intertwined. Axie Infinity Price AXS's market capitalization is roughly $8 billion, making it the 24th-largest crypto asset, as ranked by CoinGecko. During the course of a few days in early October, AXS doubled to a new all-time high of $155 as of Oct. 4, 2021. One day later, it fell 15%.