How staking AXS works?

The players can store the Axies in their cryptocurrency wallets, transfer them to other Ethereum addresses or trade them with other players via a blockchain-based marketplace. The reduction in AXS staking reward has resulted in the token losing 17% of its value over the past 24 hours.

Is AXS good for staking?

Yes, it is very safe to stake AXS. However, the value of AXS has been consistent over time, and there has been a steady growth in the number of players on the platform (also because, as of now, it is the very few play-to-earn crypto games available worldwide).

How do you get AXS reward in Axie Infinity?

AXS holders will be able to claim rewards if they stake their tokens, play the game, and participate in key governance votes. Players will also be able to earn $AXS when they play various games within the Axie Infinity Universe and through user generated content initiatives.

How do I claim AXS staking?

How many AXS is 1 SLP?

1 AXS = 3,705.82 SLP This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Where I can stake AXS?

As mentioned above, AXS tokens are running on both ERC-20, BSC (Binance Smart Chain), and Ron Networks. Staking is available only via the Ron Network. If your tokens are on the BSC network, you can deposit them into Binance and then withdraw via the other two networks.

How long will AXS staking last?

78,300,000 AXS – or 29% of the total supply will be unlocked via staking over 5.5 years. Staking rewards will start at a higher level to “incentive user growth”, before declining over time. Stakers will not be able to claim their rewards until after the escrow period of one year concludes.

How are AXS rewards calculated?

In Axie, your MMR determines the amount of SLP you could potentially earn. This means that if you win against an opponent with a higher MMR than you, you will earn more SLP. On the other hand, if you win against an opponent with lower MMR than you, you may earn less SLP than normal. 1,000 mAXS = 1 AXS.

Can you stake AXS on Binance?

Binance Staking Launches High-Yield Center: Stake & Earn Up to 104.62% APY. Fellow Binancians, Binance Staking officially launches the “High-Yield Center”. Stake your AXS, SHIB, VET, SOL, AVAX, NEAR, LUNA, ADA, MATIC and CAKE starting from 2022-02-17 02:00 AM (UTC) to earn up to 104.62% APY.

How many AXS is 300k top?

A total of 117,676 AXS will be given to the top 300,000 players.

How much is AXS in peso today?

Axie Infinity to Philippine Peso Data The AXS to PHP conversion rate today is ₱722.99 and has decreased by 4.37% in the last 24 hours.

How much is 711 AXS?

Axie Infinity’s price today is US$14.89, with a 24-hour trading volume of $92.53 M. AXS is +1.13% in the last 24 hours. It is currently -2.02% from its 7-day all-time high of $15.20, and 15.77% from its 7-day all-time low of $12.86. AXS has a circulating supply of 83.06 M AXS and a max supply of 270 M AXS.

Do you need to Restake AXS everyday?

If you restake your rewards it will add your rewards earned to your total staked AXS. This will recalculate your reward amount based on the new total. Claiming every day is the most optimal to take advantage of compounding interest.

When can you claim AXS stakes?

Now that you have successfully staked your AXS, wait for 24 hours to either claim or restake your reward. Claiming your reward will automatically be sent to your Ronin wallet.

How do I cash out my AXS in Binance?

Log in to your Binance account then, go to “Wallet” (found at the bottom part of the app) and verify if the SLP has been deposited. If deposited, you can convert your SLP to other cryptocurrencies like USDT and XRP by going to “Trade” and then select “Convert”.

How many SLP is a 900 MMR?

0-900 MMR = 1 SLP. 1000-1099 = 3 SLP. 1100-1299 = 5 SLP. 1300-1499 = 6 SLP.

Can I swap SLP to AXS?

You simply have to head to the Katana Interface on your browser (remember, the browser should have your Ronin Wallet setup). Here, you can do one of three things: Swap – this is where you trade your SLP and AXS to WETH, USDC, and later on, RON and WRON.

How much SLP can I earn per day?

There is a Daily Quest that resets daily where you can earn 50 SLP as a bonus. You can get this free SLP by winning 5 times in PVP and 10 times in PVE. In PVE, you can earn up to a maximum of 100 SLP per day. Meaning, realistically, you can earn 150 SLP per day at the minimum.

How much do you make staking AXS?

$13.79. Calculate how much you can earn by staking Axie Infinity. Results vary based on the staking amount, term, and type selected.

How do I stake AXS on my phone?

How do I convert AXS to MetaMask?

  1. Go to your Metamask wallet and ensure that you are using the Ethereum Mainnet.
  2. Select ‘Import Tokens’, and then search for AXS.
  3. Confirm the addition of AXS to your Metamask wallet.

How many AXS are there?

Like many other cryptocurrencies, the supply of Axie Infinity Shard (AXS) is limited, meaning that the software’s rules ensure that there will only ever be 270 million AXS tokens. AXS is an Ethereum governance token created for the Axie Infinity game.

What is the use of AXS in AXIE?

The Axie Infinity Shards (AXS) is the governance token of the Axie Infinity gaming universe. Players who hold AXS can vote on the direction of the game’s development, including support for updates and directing the usage of the game’s treasury.

How much do Axie Infinity players make?

A Google search tells you that Axie infinity players can make anywhere between 8$ and 40$ daily, averaging 24$ daily. On average, an Axie Infinity player will earn around 720$ monthly.

How do you get high MMR in Axie?

  1. ▼Check Your Enemy’s Cards.
  2. ▼Learn To Count Energy.
  3. ▼Know Damage Advantages.
  4. ▼Optimize Your Resources.
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