The overall APR for staking AXS is variable

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zihadhosenjm40
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Joined: Sat Dec 21, 2024 3:31 am

The overall APR for staking AXS is variable

Post by zihadhosenjm40 »

The overall APR for staking AXS is variable, meaning it will change over time. It india whatsapp number data due to different aspects of the game, sentiment about the game and so on.

Staking requires the AXS are on this Blockchain rather than the Ethereum Main Network or Binance Smart Chain.

If you acquire your AXS on one of the other Blockchains you can bridge the AXS tokens to the Ronin Blockchain. Axie Infinity is built on the Ronin Blockchain so the tokens for the game are also on the Ronin Blockchain.

The tokens are available on other blockchains however to use SLP and AXS with the Axie Infinity ecosystem the tokens must be on the Ronin Blockchain. If they are purchased on other blockchains they can be bridged to Ronin to work with the Axie ecosystem for gameplay and breeding. To further expand there is also a Ronin token that can be bought and sold along the other cryptocurrencies.

The actual staking process itself is pretty easy. The easiest arrangement is to work with native AXS tokens on the Ron network. In this scenario you’ll visit the AXS Staking Dashboard in your web browser and connect it to your Ronnin wallet. Set the amount of AXS you want to stake and click the button to begin the staking process.
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