#Staking axie infinity how to

Over the months and years to come, staking will ultimately enable community members to jointly make decisions on the future direction of Axie, including having a say on the uses of the Community Treasury. in the present opportunity, I want to share information related to Axie Infinitys NFT game, and its new Staking process that has arrived in its new. The Axie Infinity team further explained that “ These initial rewards are taken from a pool set aside to encourage you to lock up your AXS.

Reward distribution will start tomorrow, this is to ensure that our AXS holders in all time zones have a chance to stake before rewards are turned on.” Staking allows you to lock up your precious AXS to earn AXS rewards.

#Staking axie infinity how to

If you are new to the game and do not know how to stake or unstake in Axie Infinity then you are in right place. You can also buy, sell, breed, and trade Axie's with others in the marketplace. Staking in Axie Infinity is a way to trade your Axie Shards or AXS tokens and earn amazing rewards in the game. You just need to create an account, buy some AXS. Besides collecting and raising, you can make a team consisting of 3 Axie's to battle in arena or adventure. It is really easy to stake AXS (Axie Infinity) using CoinSpot, Australias 1 crypto platform for staking.

It stated, “ Today, we’re delighted to announce the launch of our AXS staking program! This is an important step towards our long-term goal of genuine co-ownership of Axie Infinity with community members that contribute meaningfully to our rapidly growing movement. 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. Axie Infinity, a perform-to-earn game primarily based on the Ethereum blockchain, has announced the launch of a staking system for its native token. The AXS Staking Guide is a detailed write up of AXS staking. Axie Infinity never needs your seed phrase for any reason. If you are at a website and it is asking for your secret recovery phrase it is a scam and not the real site. The play-to-earn gaming platform Axie Infinity just launched a staking program for one of its native tokens, Axie Infinity Shards (AXS).Īccording to a blogpost announcement released by the platform, holders of the AXS token can begin staking their digital assets and rewards will be activated in 24 hours. The staking dashboard never needs your secret recovery phrase.