Question 1

What is Axie Infinity Shards (AXS)?

Accepted Answer

Axie Infinity Shards (AXS) is the governance token of the Axie Infinity ecosystem, developed by Sky Mavis. Axie Infinity is a blockchain-based gaming ecosystem centred on digital creatures called Axies, which players can collect, breed and use across different games and experiences.

AXS is an ERC-20 token used for governance, staking and activities within the Axie ecosystem. In 2021, its Ethereum contract was upgraded to improve tracking by third-party data providers and provide compatibility with Ronin, the blockchain developed by Sky Mavis for Axie Infinity.

In 2026, Axie Infinity introduced Bonded AXS (bAXS), a non-transferable token backed 1:1 by AXS. AXS acts as the reserve asset for bAXS, which is used for a number of player rewards and activities within the Axie ecosystem.

Question 2

What is Axie Infinity Shards (AXS) used for?

Accepted Answer

AXS has several functions within the Axie Infinity ecosystem:

* **Governance:** Staked AXS contributes to a user's voting power in the Axie Governance Portal. Voting power can also depend on the user's Axie Score, which reflects certain forms of participation within the ecosystem.
* **Staking:** AXS holders can stake their tokens to receive AXS rewards. Staked AXS also contributes to voting power in ecosystem governance.
* **Ecosystem payments:** AXS can be used for activities including breeding Axies, ascension, evolution, forging and minting certain in-game items. It is also one of the tokens supported for purchases on the Axie marketplace.
* **Supporting bAXS:** AXS backs Bonded AXS on a 1:1 basis. bAXS is non-transferable and can be earned through Axie games and other ecosystem activities. It can be used for several functions within the ecosystem and can be converted to AXS, with the amount received affected by the user's Axie Score.

Player rewards that were previously distributed directly in AXS have increasingly moved to bAXS. This includes rewards from games and activities such as Axie Infinity: Origins, Axie Classic and Terrariums.

Question 3

Who created Axie Infinity Shards (AXS)?

Accepted Answer

Axie Infinity and its governance token, AXS, were created by Sky Mavis, a technology company focused on blockchain and gaming. The game was launched in 2018 by co-founders Trung Nguyen and Aleksander Larsen, with the aim of creating a blockchain-based game where players could own, trade and use digital assets across the Axie Infinity ecosystem.

Blockchain technology is used to give players ownership of in-game assets and to support governance through AXS. The token was later introduced to allow holders to participate in governance, stake AXS and interact with the ecosystem's economy. Sky Mavis also worked with Delphi Digital on the design of AXS, with the token model developed based on principles provided by the Sky Mavis team.

#	Instrument	Exchange	Benchmark Score	Price	24h Change	24h Volume	24h Trades	24h Open	24h High
1	AXS-USDT AXSUSDT	binance	AA	1.07USDT	2.69%	1,192,736.09AXS	12,318	1.04USDT	1.08USDT
2	AXS-USDT AXS_USDT	whitebit	BB	1.07USDT	2.58%	443,636.48AXS	17,370	1.04USDT	1.08USDT
3	AXS-USD AXS-USD	coinbase	AA	1.07USD	2.56%	363,749.26AXS	3,093	1.04USD	1.13USD
4	AXS-USDT AXS-USDT	okex	A	1.07USDT	2.73%	150,015.53AXS	4,401	1.04USDT	1.08USDT
5	AXS-USDT AXSUSDT	bybit	A	1.07USDT	2.89%	89,213.41AXS	2,086	1.04USDT	1.08USDT
6	AXS-TRY AXSTRY	binance	AA	53.00TRY	3.52%	80,144.25AXS	329	51.20TRY	53.30TRY
7	AXS-USD AXSUSD	kraken	AA	1.07USD	2.69%	40,968.71AXS	1,320	1.04USD	1.08USD
8	AXS-TRY AXS_TRY	whitebit	BB	52.83TRY	2.38%	36,278.59AXS	1,273	51.60TRY	53.27TRY
9	AXS-USDC AXSUSDC	binance	AA	1.07USDC	2.99%	28,211.40AXS	326	1.04USDC	1.08USDC
10	AXS-BTC AXS_BTC	whitebit	BB	0.0₄1262BTC	0.48%	25,202.42AXS	235	0.0₄1256BTC	0.0₄1288BTC
11	AXS-USDT AXS_USDT	gateio	A	1.07USDT	2.82%	22,627.77AXS	2,720	1.04USDT	1.08USDT
12	AXS-USDT AXSUSDT_SPBL	bitget	BB	1.07USDT	2.50%	21,925.07AXS	598	1.04USDT	1.08USDT
13	AXS-USDT AXS-USDT	kucoin	BB	1.07USDT	2.69%	14,940.41AXS	659	1.04USDT	1.08USDT
14	AXS-USDC AXS_USDC	whitebit	BB	1.07USDC	2.77%	14,942.30AXS	445	1.04USDC	1.07USDC
15	AXS-EUR AXSEUR	kraken	AA	0.9520EUR	3.03%	3,270.17AXS	27	0.9240EUR	0.9590EUR
16	AXS-EUR axseur	bitstamp	AA	0.9400EUR	1.57%	2,410.40AXS	22	0.9255EUR	0.9433EUR
17	AXS-USD AXSUSD	cexio	BB	1.06USD	6.20%	1,945.57AXS	4	0.9961USD	1.07USD
18	AXS-USDT AXSUSDT	cexio	BB	1.07USDT	8.05%	1,881.67AXS	4	0.9918USDT	1.07USDT
19	AXS-USD AXS_USD	cryptodotcom	AA	1.07USD	3.34%	2,269.50AXS	41	1.04USD	1.08USD
20	AXS-USDC AXS-USDC	okex	A	1.05USDC	0.34%	1,530.79AXS	6	1.05USDC	1.06USDC
21	AXS-USDT AXS_USDT	cryptodotcom	AA	1.08USDT	5.35%	926.30AXS	6	1.03USDT	1.08USDT
22	AXS-USD axsusd	bitstamp	AA	0.9913USD	0.00%	0AXS	0	0.9913USD	0.9913USD
23	AXS-EUR AXS-EUR	okex	A	0.9477EUR	2.41%	294.85AXS	28	0.9254EUR	0.9630EUR
24	AXS-TRY AXS-TRY	okex	A	52.36TRY	7.36%	45.23AXS	2	48.77TRY	52.36TRY
25	AXS-EUR AXSEUR	cexio	BB	0.9313EUR	4.77%	14.68AXS	1	0.8889EUR	0.9313EUR
26	AXS-USDT axsusdt	huobipro	C	1.06USDT	1.71%	2,545,563.83AXS	46,743	1.05USDT	1.07USDT
27	AXS-USDT axs_usdt	lbank	C	1.07USDT	2.58%	1,897,404.44AXS	85,668	1.04USDT	1.08USDT
28	AXS-KRW KRW-AXS	upbit	B	1,423.00KRW	2.45%	879,458.16AXS	2,526	1,389.00KRW	1,436.00KRW
29	AXS-USDT AXS_USDT	coinw	-	1.07USDT	2.69%	494,458.14AXS	2,996	1.04USDT	1.08USDT
30	AXS-USDT AXSUSDT	bitrue	D	1.07USDT	2.67%	357,736.01AXS	39,356	1.04USDT	1.08USDT
31	AXS-USDT axs_usdt	xtpub	-	1.07USDT	2.69%	333,958.68AXS	2,516	1.04USDT	1.08USDT
32	AXS-USDT AXS_USDT	bydfi	-	1.07USDT	2.69%	258,838.43AXS	2,464	1.04USDT	1.08USDT
33	AXS-USDT AXSUSDT	toobit	C	1.07USDT	2.69%	172,738.03AXS	6,531	1.04USDT	1.08USDT
34	AXS-USDT AXS-USDT	bigone	-	1.07USDT	2.60%	182,054.52AXS	4,715	1.04USDT	1.08USDT
35	AXS-USDT AXS_USDT	bitunix	C	1.07USDT	2.59%	86,781.27AXS	7,182	1.04USDT	1.08USDT
36	AXS-USDT AXSUSDT	mexc	C	1.07USDT	2.58%	81,238.31AXS	3,168	1.04USDT	1.08USDT
37	AXS-KRW AXS_KRW	bithumbkorea	-	1,414.00KRW	2.24%	73,111.11AXS	421	1,383.00KRW	1,428.00KRW
38	AXS-USDT AXSUSDT	hitbtc	E	1.06USDT	1.65%	63,643.21AXS	1,040	1.04USDT	1.07USDT
39	AXS-USDT AXS-USDT	bingx	D	1.07USDT	2.69%	53,749.08AXS	7,111	1.04USDT	1.08USDT
40	AXS-USDC AXSUSDC	mexc	C	1.07USDC	2.55%	52,084.33AXS	3,055	1.04USDC	1.07USDC
41	AXS-TRY AXSTRY	btcturk	E	52.73TRY	3.49%	44,248.73AXS	106	50.95TRY	53.00TRY
42	AXS-EUR AXS-EUR	bitvavo	B	0.9510EUR	3.32%	34,832.74AXS	200	0.9204EUR	0.9550EUR
43	AXS-USDT axs_usdt	digifinex	D	1.07USDT	2.53%	30,424.30AXS	2,967	1.04USDT	1.08USDT
44	AXS-JPY axs_jpy	bitbank	C	169.70JPY	4.11%	17,703.89AXS	116	163.00JPY	170.04JPY
45	AXS-USDT AXSUSDT	btcturk	E	1.05USDT	0.00%	9,825.56AXS	22	1.05USDT	1.07USDT
46	AXS-USDT AXS_USDT	cryptology	D	1.07USDT	2.53%	7,352.35AXS	297	1.04USDT	1.07USDT
47	AXS-AUD AXSAUD	coinjar	B	1.55AUD	4.45%	4,080.00AXS	15	1.48AUD	1.55AUD
48	AXS-EUR AXSEUR	bit2me	B	0.9520EUR	3.03%	3,270.17AXS	27	0.9240EUR	0.9590EUR
49	AXS-BRL AXS-BRL	mercadobtc	C	4.87BRL	-3.29%	1,613.22AXS	7	5.04BRL	5.30BRL
50	AXS-IDR axsidr	indodax	E	18,946.00IDR	0.92%	1,490.55AXS	25	18,773.00IDR	21,000.00IDR