What is the Axie Infinity image?
Where is the best place to stake Axie Infinity?
If you want to keep control of the keys of your Axie Infinity (AXS) while earning passive income, your best option is to earn 140% reward on ReHold.
Where is the best place to lend Axie Infinity?
Today, the best place to lend Axie Infinity (AXS) is on Nexo. And you can get an awesome rate of 28%.
How to store Axie Infinity safely?
When it comes to security, the safest way to keep your crypto is to buy a staking crypto hardware wallet (usually a USB ledger) or use a software wallet (Either a browser extension or a mobile app). Crypto wallets hold your private keys (which are the passwords that gives access to your cryptocurrencies).
Caution: All wallets do not offer staking features, so be sure to do your research before choosing one.
There are a number of AXS wallets that allows you to stake Axie Infinity and earn rewards. Here are some:For a full list of available wallets, check out our dedicated wallets page.
Where can you buy AXS?
”Staking AXS” or ”Stacking AXS”?
Those are 2 words that sound the same but have a very different meaning. ”Stacking AXS” means accumulating Axie Infinity in your crypto bag while ”Staking AXS” means putting your Axie Infinity to work in order to get rewards. This is the same for ”AXS Stacking”.
What is AXS staking?
AXS staking refers to the process of locking up AXS tokens in a wallet or on the Axie Infinity platform to earn rewards. This helps to secure the network and participate in the governance of the Axie Infinity ecosystem.
How can I stake my AXS tokens?
To stake your AXS tokens, you need to have a compatible wallet, such as MetaMask or Trust Wallet. Connect your wallet to the Axie Infinity platform or a staking pool, and follow the steps to deposit your AXS tokens for staking.
What are the benefits of staking AXS?
Staking AXS tokens allows you to earn passive income through staking rewards. Additionally, staking AXS enables you to participate in the governance of the Axie Infinity ecosystem, which means you can vote on proposals and influence the direction of the project.
Are there risks involved in AXS staking?
As with any investment, there are risks involved in staking AXS tokens. These risks may include fluctuations in the value of AXS, the potential for network issues, and the risk of smart contract vulnerabilities. It's essential to research and understand these risks before committing to staking your AXS tokens.
Can I unstake my AXS tokens?
Yes, you can unstake your AXS tokens at any time. However, there might be a specific waiting period (also known as an unbonding period) before you can access your tokens after unstaking them. This waiting period helps to maintain the network's security and stability.