Axie Infinity is making a significant shift with its reward system this year. AXS rewards will be converted into an in-app token called bAXS. What makes this interesting? The token serves dual purposes—you can spend it within the Axie core ecosystem and stake it for returns. But here's where it gets creative: they're weaving in Axie reputation scoring directly into the token selling mechanics. The Axie score becomes a key factor in how and when you can offload your bAXS. It's a clever way to tie player reputation to token economics, potentially reducing dumping pressure while incentivizing long-term engagement.
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StakoorNeverSleeps
· 7h ago
Nah, this reputation scoring system tied to the coin selling mechanism, to put it simply, is just to prevent retail investors from dumping the market. Smart is smart, but it feels a bit like a trick.
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CryptoPhoenix
· 7h ago
I finally understand that this reputation binding mechanism is the real way to repair the mindset[LOL]
Crossing cycles, it depends on system design for redemption... Not allowing people to arbitrarily dump the market, this move is indeed quite clever
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BoredApeResistance
· 7h ago
NGL, this reputation-based token selling mechanism is a bit harsh... It not only prevents market crashes but also locks in users, quite a clever move.
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ColdWalletGuardian
· 7h ago
Hmm... Binding reputation to the coin selling mechanism is indeed a clever move, just to prevent people from rushing to dump the coins.
Axie Infinity is making a significant shift with its reward system this year. AXS rewards will be converted into an in-app token called bAXS. What makes this interesting? The token serves dual purposes—you can spend it within the Axie core ecosystem and stake it for returns. But here's where it gets creative: they're weaving in Axie reputation scoring directly into the token selling mechanics. The Axie score becomes a key factor in how and when you can offload your bAXS. It's a clever way to tie player reputation to token economics, potentially reducing dumping pressure while incentivizing long-term engagement.