AXS (Axie Infinity Shard) is a native ERC20 governance of Axie Infinity NFT-based game. AXS tokens were launched in 2020, and Axie Infinity currently has more than one million active users from all around the world. Users can stake their AXS tokens and gain staking rewards. AXS is among the metaverse coins. Axie Infinity was hacked, and over $600 Million was stolen in march 2022.
With a total market cap of over $1.03 billion, Axie Infinity is the No. 54 cryptocurrency by market size. The currency symbol for Axie Infinity is AXS. There will only ever be 270 million Axie Infinity tokens issued. So far 115 million tokens (42.8% of the total supply) have been issued.
We found savings accounts offering up to 70% APY on Axie Infinity deposits and loans as low as 4.5% APR against Axie Infinity used as collateral. Check out our Axie Infinity staking yields table and Axie Infinity loan rates table for further details.
The technical price analysis for Axie Infinity below is undertaken automatically by Tradingview by looking at over 20 different technical chart indicators. You can see how many of these indicators were BUY, NEUTRAL or SELL at the bottom of the chart. The indicators will change depending on what time frame you are looking at. The analysis does not consider market sentiment or broader macro issues that may affect the price of Axie Infinity.
AYes Axie Infinity is an NFT. NFT is an abbreviation of Non-Fungible Token, which is a special type of cryptographic token which represents something unique such as a unique piece of property. Wikipedia.
QIs it possible to stake Axie Infinity to generate passive income?
QCan you get a Axie Infinity loan without collateral?
AAlmost all Axie Infinity loans require you to provide collateral of higher value than the value of the loan that you are tkaing it. The only exception to this is Axie Infinity flash loans which allow you to borrow uncollateralised Axie Infinity for a few seconds as part of a wider transaction. You will need advanced coding skills to take advantage of flahs loans. You can compare all Axie Infinity loans on the Axie Infinity Loans tab.
QWhich venture capital firms have invested in Axie Infinity?