New ‘Axie Infinity’ Ethereum Gaming Token Will Be Airdropped to AXS Stakers

Summary

Axie Infinity will introduce a new in-game token called bonded AXS (bAXS), airdropping 100,000 bAXS to eligible wallets based on a snapshot from February 5. Eligibility requires staking at least 10 AXS, with allocation influenced by a user’s Axie Score and total staked AXS. bAXS is backed 1:1 by the original AXS token and will function similarly for breeding, evolving axies, and marketplace purchases. bAXS is intended to increase in-game economic activity and utility, especially with upcoming features like Terrariums, a land-based expansion where bAXS and AXS will be used for upgrades and items. Besides the airdrop, bAXS will also be distributed through gameplay in Terrariums. A second bAXS airdrop is planned but details are yet to be announced. The token’s launch follows recent volatility in AXS pricing. Axie Infinity operates on the Ronin network and plans further ecosystem growth with the upcoming MMO, Atia’s Legacy.