Axie Infinity Shards (AXS) are the glue that binds all Axie community members together.
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.
Through staking, players can lock up their AXS tokens to receive newly issued AXS tokens as rewards for their long term alignment.
AXS is accepted as currency within the Axie NFT marketplace. AXS may also be used to determine eligibility for participation in certain sales/auctions conducted by the Axie team.
The Community Treasury receives fees generated from activities such as trading on the Axie marketplace and breeding new Axies. This treasury will be governed by AXS stakers once the network has become sufficiently decentralized.
AXS staking acts as an incentive for holding AXS and supporting the ecosystem. Stakers receive freshly issued AXS and will be able to signal their support for various proposals to improve Axie Infinity. AXS stakers will eventually direct usage of The Community Treasury.
