Axion Upgrades SuperCharge Daily Auctions, 250 Billion Over 5 Years, 1 Billion Big Pay Days! And More!
The Axion Ecosystem has been successfully upgraded!
1. The auction pool has been upgraded so that 250 Billion is spread over five years instead of only one.
2. 250 Million AXN has been added into today’s auction
3. 1 Billion AXN has been sent to the BigPayDay pool
4. Auto-Stake from auction has been increased to 60 days
5. Hex Freeclaim is now limited to 10B AXN, or 30 days, whichever comes first.
6. Uniswap discount rate has been changed from a 10% discount to “at-par”
To rewatch the recorded upgrade livestream: https://youtu.be/sI73uCsQQIE
The BIG Impact of these Updates!
What this upgrade does is dramatically reduce the speed of AXN inflation, reduce auction arbitrage, increase the size of Axion BigPayDay immediately, and decouple Axion from Hex as soon as possible.
This upgrade benefits the positive price action tokenomics of Axion dramatically, and sets us up for a much more sustainable future.
Next up, we have the proposal and vote for ‘Axion Venture Fund’, which will be distributing WBTC directly to stakers wallets.
In addition, the Axion Liquidity Amplifier is now underway, alongside setting up methodical marketing initiatives.
Enter the Daily Auction for 10% Bonus!
Todays Auction is 250.5 Million Axion! Enter Today and Get a 10% Bonus: https://stake.axion.network/auction?ref=0x6b261c7ee2313bfb9f38fd76c95c87c32c8e2b4f
How to Enter Daily Auction: Link METAMASK to Site in link above, put ETH in the Auction (Input and click Send). At the end of the 24 hour auction you will Withdraw under My Bets (will appear if you enter the auction), and your axion won will be autostaked (Certificate of Deposit) for 60 days (see the Stake page). Stakes earn 8% inflation and Axion via Auction Market buyback (Great Returns!)
Cheers
Superman!
