What is the total supply of AXS tokens?
BÜŞRA KARANDec 24, 2021 · 3 years ago3 answers
Can you please provide information on the total supply of AXS tokens?
3 answers
- Dec 24, 2021 · 3 years agoThe total supply of AXS tokens is 270 million. AXS is the native cryptocurrency of the Axie Infinity platform, which is a blockchain-based game that allows players to collect, breed, and battle virtual creatures called Axies. The total supply of AXS tokens was determined during the initial token distribution and will not increase over time. This limited supply adds scarcity and value to the tokens.
- Dec 24, 2021 · 3 years agoAXS tokens have a total supply of 270 million. These tokens are used within the Axie Infinity ecosystem for various purposes, such as governance, staking, and in-game transactions. The total supply is fixed and will not change, ensuring the scarcity and value of the tokens over time.
- Dec 24, 2021 · 3 years agoThe total supply of AXS tokens is 270 million. As a decentralized cryptocurrency, AXS tokens are not controlled by any central authority or organization. The supply was determined during the token creation process and is fixed. This limited supply ensures that the value of AXS tokens can potentially increase over time, based on market demand and adoption of the Axie Infinity platform.
Related Tags
Hot Questions
- 90
How can I protect my digital assets from hackers?
- 89
What is the future of blockchain technology?
- 82
Are there any special tax rules for crypto investors?
- 67
How can I buy Bitcoin with a credit card?
- 55
What are the best practices for reporting cryptocurrency on my taxes?
- 52
How does cryptocurrency affect my tax return?
- 51
How can I minimize my tax liability when dealing with cryptocurrencies?
- 42
What are the best digital currencies to invest in right now?