What is AXS (Axie Infinity Shards)?

AXS is the governance token of the Axie Infinity play-to-earn NFT game.

AXS (Axie Infinity Shard) is the latest cryptocurrency you can buy, sell, and store on the Coins wallet. Here are some of the main things you need to know about AXS:

AXS is the governance token of Axie Infinity

AXS is the governance token of the Axie Infinity play-to-earn NFT game. A governance token is a type of token that allows its holders to vote on proposals that will determine the future of a protocol. AXS holders can use their tokens to choose which upgrades they want for the Axie ecosystem.

Holders can stake their AXS tokens to earn rewards.

Staking is the process of locking up your cryptocurrency for a set amount of time to help secure the operations of a blockchain network. Those who decide to stake their AXS on the Ronin Network will receive newly created AXS tokens as a reward

The maximum supply for AXS is 270 million.

The maximum supply of AXS will never exceed 270 million. As of December 2021, there are over 61 million AXS currently in circulation.

Disclaimer: The value of cryptocurrencies is highly volatile and may go up and down at any time. Buying, selling, and/or holding cryptocurrencies carry a substantial risk and may not be suitable for everyone. Carefully consider your financial condition and risk appetite before making any cryptocurrency transaction.

Get your crypto journey started with Coins.ph

Coins.ph is regulated by the Bangko Sentral ng Pilipinas (BSP) and is the first-ever blockchain-based company in Asia to hold both Virtual Currency and Electronic Money Issuer licenses from a central bank.

Sign up for a Coins.ph account now to start trading OR download the Coins.ph app. Once you have verified your account, you can convert PHP into the cryptocurrencies of your choice.

Join the Coinmunity

Connect with like-minded crypto enthusiasts! Be the first to learn about our news and campaigns.

Join us on:

You've successfully subscribed to Coins Academy | Coins.ph
Great! Next, complete checkout to get full access to all premium content.
Error! Could not sign up. invalid link.
Welcome back! You've successfully signed in.
Error! Could not sign in. Please try again.
Success! Your account is fully activated, you now have access to all content.
Error! Stripe checkout failed.
Success! Your billing info is updated.
Error! Billing info update failed.