This is over 50,000,000 USD worth of tokens and represents their commitment to making sure that Axie becomes a community-owned game. Today, they will distribute 800,000 AXS to these missionaries that helped form the bedrock of their digital nation. Last year, we announced that at some point in the future, they would recognize approximately 10,000 of their founding community members with a gift of AXS tokens.
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While they have many strong opinions about how to do this effectively, they’ll be watching this unfold for inspiration as they think about how to orchestrate a revolution using the token and community design. They believe that the next round of building in crypto will be centered around social coordination and governance tooling. The governance of decentralized communities is still in a very early stage and they will be taking note of promising experiments that use tokens to empower the users and builders of the future.
Over time, along with their community, they will upgrade it in line with their principles of co-ownership and co-creation. This is a minimum viable staking dashboard. There are currently around 58 M AXS tokens circulating, with the rest of the supply to be released over time through staking, gameplay rewards, and ecosystem reward structures.Īs thousands of new players are now joining our community each week, it becomes important to begin releasing these tokens over time so that everyone in the community has opportunities to hold a piece of the Axie universe. They will not touch the total supply but will smoothen and perhaps lengthen the emission schedule.Īs a refresher, the max supply of AXS tokens is set at 270 M. They are currently working on updating their staking math with Delphi Digital based on new data and findings from across the industry. This is 64,516 AXS per day and 2.24 AXS per block (there are ~28,800 blocks in a day). During the first month of staking, they will distribute 2,000,000 AXS.
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