This week marks a significant development for the Axie Infinity community as Sky Mavis co-founder Jihoz unveiled bAXS, a new token aimed at boosting player engagement and rewards within the popular gaming ecosystem. According to the official information, this initiative is expected to enhance the overall gaming experience for players.
Introduction of bAXS
The introduction of bAXS allows players to earn the token through various in-game activities, including battles and events. This new token can be staked for potential yields or utilized for in-game purchases, enhancing the overall gaming experience.
Variable Treasury Fee
A notable aspect of bAXS is the variable treasury fee applied when players decide to cash out, which is determined by their Axie Scores. This mechanism ties players' reputations to the benefits they receive, encouraging a more engaged and responsible community.
Launch and New Seasons
The launch of bAXS coincides with the start of new seasons in Axie Infinity, with players set to receive end-of-season payouts in bAXS for the first time. This initiative not only incentivizes gameplay but also aims to strengthen the connection between players and the evolving Axie ecosystem.
In a related development, Infinity Ground has launched its AIN staking service, providing users with a tiered reward structure for locking their tokens. This initiative complements the recent introduction of bAXS in Axie Infinity, enhancing user engagement across both platforms. For more details, see AIN staking.
