The interest rate increases if fewer people stake AXS tokens, and has since reduced to 226% a year as of this writing.Īxie Infinity popularized a mechanic called “play to earn”, whereby players could earn AXS tokens and valuable NFTs by winning battles, completing quests and trading NFTs.Īlthough it now costs well over $1,000 to buy enough critters just to start playing the game, Axie Infinity is popular in emerging economies, where flipping the right NFTs can pay the rent and then some. Axie Infinity Staking Earn Axie Infinity (AXS) Staking Rewards. Have your Axie Infinity work for you instead of just letting it sit there.
Staking axie infinity how to#
So far, holders have staked $1.17 billion in AXS. How To Stake Axie Infinity (AXS) Do you want to earn Axie Infinity Staking Rewards by Staking AXS Earning interest on your Axie Infinity is easy and we will go over the steps for you to take to do so. Sales of the NFTs themselves are up 50% in the past day, although they declined by 10% in the past week, according to data from CryptoSlam. You can also buy, sell, breed, and trade Axie's with others in the marketplace. Besides collecting and raising, you can make a team consisting of 3 Axie's to battle in arena or adventure. The price for a single AXS token peaked at $119.92 at about 1AM today. Axie Infinity is a game inspired by Pokmon, similarly you can collect and raise fantasy creatures called Axie, on the Ronin Platform bridged with Ethereum.
The right-and-up rise started at about 3 AM UTC yesterday and continued until this morning. Learn more about staking here and stake your $AXS here /9q1qfmtDmH How much can I earn by staking Axie Infinity If you stake 1,000 worth of AXS at a rate of 94.6 during 12 months, You will have 1,946. You can claim and re-stake rewards once per 24 hours! It's a great way to get an idea of the potential rewards available from staking Axie Infinity.
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