Axie Infinity's governance token AXS has gained traction as one of the Web3 gaming space's key assets. The project recently rolled out bAXS, an innovative bound token mechanism that marks a significant evolution in its tokenomics. This non-transferable token maintains a 1:1 backing ratio with AXS while being permanently linked to individual user wallets. The design strategy specifically targets reward inflation concerns, offering a more sustainable approach to maintaining token value and ecosystem health. For gaming enthusiasts exploring governance participation, this dual-token structure presents a fresh angle on balancing accessibility with long-term protocol sustainability.

AXS-12,89%
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GateUser-9ad11037vip
· 10h ago
ngl bAXS this design is a bit sneaky, locking the wallet so you can't sell arbitrarily
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GateUser-cff9c776vip
· 10h ago
Honestly, the bAXS binding mechanism is like giving AXS "insurance," but none of you have noticed a problem—the design of permanently binding the wallet essentially restricts the freedom of liquidity.
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LiquidatedNotStirredvip
· 10h ago
ngl bAXS's binding mechanism is quite clever; finally, someone thought of suppressing inflation.
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OnchainDetectiveBingvip
· 10h ago
This bAXS design is quite interesting, but can locking wallets really solve the inflation problem?
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0xTherapistvip
· 10h ago
ngl bAXS's design is quite clever; finally, someone is taking the inflation issue seriously.
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