Axie Infinity Shards

Axie Infinity Shards (AXS) is the governance token of the Axie Infinity ecosystem, a blockchain-based game that combines elements of digital pet breeding, battling, and trading, inspired by popular games like Pokémon. After migrating to a new contract in 2021, AXS serves as a critical component of the ecosystem, enabling players to participate in governance decisions, stake tokens to earn rewards, and interact with the game's economy. This new version of AXS is designed to support more advanced features, including improved security, scalability, and integration with the broader Axie Infinity platform and its expanding universe.

AXS is used for several key functions within the Axie Infinity ecosystem:

• Governance: AXS holders can vote on key decisions affecting the game's development and governance, allowing for a community-driven approach to the ecosystem's evolution.
• Staking: By staking AXS, players can earn rewards, which are distributed as a form of passive income in recognition of their contribution to the ecosystem's security and stability.
• Economy: AXS acts as a medium of exchange within the Axie marketplace, facilitating transactions, such as the purchase of Axies (the digital creatures within the game), land plots, and other in-game assets and services. It is also used to enter special events and access exclusive content.
• Play-to-Earn: Players can earn AXS through gameplay achievements, participating in battles, and contributing to the ecosystem, reinforcing the play-to-earn model that Axie Infinity promotes.