LOGO_CRYPTO_SIGHT

What is Axienomics Finance (AXIN) token?

By Shannon Wilson | October 23, 2021

Axienomics is an elastic supply token designed with holders in mind, with an ever-increasing price. Holders are vastly rewarded as the smart contract is hardcoded to increase the price. Different than just a normal pegged token/stable coin rebases make price-elastic tokens into synthetic commodities with fluctuating values and supplies that gradually stabilize. Ultimately, rebases are designed to be tradable and potentially extremely profitable.

NFT Game Play to Earn

Axienomics is a DApp featuring collectible NFT battle cards. Forge your very own unique character and trade them on the marketplace. Build a grand character army and send it to battle. Win glory and become a samurai master!

What about Tokenomics

Axienomics is one of the first unique Rebase + Rewards AXS contracts with 15% tax.

15% tax is distributed accordingly :

5% Rewards Axie Infinity 

5% Marketing 

2% Buyback wallet 

3% Added to the Liquidity

Why are my Axienomic tokens decreasing?

An elastic supply (or rebase) token works in a way that the circulating supply expands or contracts due to changes in token price. This increase or decrease in supply works with a mechanism called re-basing. When a rebase occurs, the supply of the token is increased or decreased algorithmically, based on the current price of each token. In some ways, elastic supply tokens can be paralleled with stable coins. They aim to achieve a target price, and these re-base mechanics facilitate that. However, the key difference is that rebasing tokens aim to achieve it with a changing (elastic) supply. $AXIN differs by having an increasing peg price, an upcoming. Supply-elastic tokens work differently. As mentioned, the re-basing mechanism adjusts the token circulating supply periodically. Let’s say we have an elastic supply token that aims to achieve a value of 1 USD. If the price is above 1 USD, the re-base increases the current supply, reducing the value of each token. Conversely, if the price is below 1 USD, the re-base will decrease the supply, making each token worth more.

My $AXS Rewards are not showing up?

Make sure you’ve added The correct $AXS Contract address to your wallet. ( Binance-Peg Axie Infinity Token ) Contract Address: 0x715d400f88c167884bbcc41c5fea407ed4d2f8a0

​How and Where to Buy AXIN token?

 AXIN token is now live on the Binance mainnet. The token address for AXIN is 0x763aca17f03c221d16ba9191a66f75b78a403bcb. Be cautious not to purchase any other token with a smart contract different from this one (as this can be easily faked). We strongly advise you to be vigilant and stay safe throughout the launch. Don’t let the excitement get the best of you.

You will have to first buy one of the major cryptocurrencies, usually either Bitcoin (BTC), Ethereum (ETH), Tether (USDT), Binance (BNB)…

Source: Coin Introduction

Tags:

Comments