Key Points
bAXS is LIVE! You can now use Bonded AXS to evolve axies, mint Runes and Charms, stake to earn AXS, and more. Remember: bAXS is an ERC20-C token with the same utility as AXS.
First bAXS airdrop is coming soon: Eligible wallets will receive bAXS from the 100,000 bAXS airdrop pool over the coming days. Check your allocation later this week at app.axieinfinity.com/profile/claim-tokens/.
One Home for AXS Staking: We’re sunsetting the legacy stake.axieinfinity.com page. Going forward, all AXS and bAXS staking activity will happen on App.Axie.
Lunacia, a new token has arisen: bAXS is LIVE! Bonded AXS is now usable across the Axie ecosystem. Use it to breed, ascend, evolve, forge, stake, and even mint Runes and Charms. If you can do it with AXS, you can do it with bAXS. Here’s what’s happening:
The bAXS token (Bonded AXS) is a variation of the AXS token. 1 bAXS = 1 AXS. However, you can only spend bAXS on things within Axie. That means no trading or transferring. This keeps more economic activity within the borders of our digital nation.
Remember: If you can do it with AXS, you can do it with bAXS. Here’s what that looks like:
Stake bAXS to earn AXS
Pay for axie breeding fees with bAXS
Pay for axie ascensions and evolutions with bAXS
Forge new materials with bAXS
Restore Atia’s Blessing streaks with bAXS
Mint Runes and Charms with bAXS
Buy a Codex Pass with bAXS
App.Axie will spend bAXS before AXS by default. For example, let’s say you want to ascend your axie for 10 bAXS/AXS. If you have 10 bAXS or more in your wallet, you’ll pay 10 bAXS. If you only have 1 bAXS, you’ll pay 10 AXS. However, if you have 5 bAXS and 5 AXS, you won’t be able to complete the transaction! In that case, we recommend converting your AXS to bAXS.
Note: You won’t be able to purchase axies with bAXS yet. We’ll launch that feature soon. For now, to buy assets on the marketplace, you’ll need to convert bAXS to AXS using your exchange rate on App.Axie before completing a purchase.
The bAXS exchange rate rewards devotion and encourages contribution to our digital nation. This is based on your Axie Score: The higher your score, the better your exchange rate when converting bAXS to AXS. Here’s how Axie Scores work:
pos2.ron wants to convert 100 bAXS to AXS. He’s a Mythkeeper. When he exchanges 100 bAXS, he will receive 82.5 AXS in return. The 17.5 AXS difference will go to the Axie Treasury. This encourages pos2.ron to use bAXS rather than trade it. It also strengthens the multimillion AXS Axie Treasury.
bAXS can be staked to earn AXS, with rewards calculated on a 1:1 basis with AXS. It also carries full governance weight, meaning staked bAXS provides the same voting power as staked AXS at a 1:1 ratio.
The first bAXS airdrop will happen in the next few days. After the airdrop is completed, you can visit app.axieinfinity.com/profile/claim-tokens/ to see your allocation.
As a reminder, wallets with at least 10 AXS staked were eligible for the 100,000 bAXS airdrop pool. Allocation was based on your Axie Score and staked AXS amount, using the snapshot taken on February 5. More details on the second bAXS airdrop will be shared at a later date.
Pro-tip: If you want to receive more bAXS in Airdrop 2, keep growing your Axie Score and stake AXS or the bAXS you receive from Airdrop 1. Your staked AXS/bAXS directly increases your total staking weight for the next snapshot.
As part of this transition, we are simplifying how AXS staking is managed.
The legacy AXS staking page at stake.axieinfinity.com will be deprecated. Going forward, all AXS and bAXS staking activity will be handled exclusively on App.Axie at https://app.axieinfinity.com/staking/.
This is not a new system, just a consolidation. By bringing staking into a single location, we reduce confusion, improve clarity, and make it easier to manage your assets in one place.
bAXS going live is not the finish line. It’s the foundation. Following this update, ecosystem rewards will soon shift to bAXS including:
This system unlocks new ways to reward participation, align incentives, and reinvest value back into the Axie ecosystem. As more features come online, including purchase support and future airdrops, bAXS will continue to expand in utility and impact.
For now, bAXS is live. The first airdrop is coming soon. The next phase of Axie’s token economy has officially begun.
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