Greetings to all the readers of this great platform, especially to those who share daily information regarding the cryptomarket, in order to learn a little more about the projects within the #LeoFinance community, in the present opportunity, I want to share information related to Axie Infinity's NFT game, and its new Staking process that has arrived in its new update, seeking to save the project that has gone through difficult times.
 Screenshot taken at: Axieinfinity |
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It is a reality that the market in general has gone through bad times this year, especially the NFT games that have had a great impact on its economy and this impact has been in a negative way, the Axie Infinity NFT game, being the most stable and striking game as far as games with NFT features are concerned, was also affected in a big way, especially by the excessive genetion of the token called SLP, being the token that was generated when playing.
With time, as the platform was being updated, many new ideas arrived, such as the RON token, the stake process and many other things to improve the overall economy of the project, after that it could be seen that the economy was still highly affected by the impact of the market, in addition to the amount of tokens that already exist in the project and the lack of burning of the same.
The game in addition to having the characters that are played with called Axie, brought out another type of NFT that can be acquired of a higher value called Land, these are lands that generated benefits for owning them, which have a high value and a good benefit at the time but the market continued to be affected, currently have generated a new idea, called the Staking of the Land, being an idea that consists of the following actions:
There are 5 types of lands with different values, which at the time of performing the Staking, you will have a reward in AXS being the governance currency of the project, the more expensive the land the more AXS you are going to get for the staking of your Land, but the negative points follow, when taking into consideration the investment that is made with the benefit you generate can take many time even years to generate the return on investment in this process, considering that it can be somewhat inefficient it seems.
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Greetings @ chucho27
no doubt that these improvements to the economy of axie are very good to help players, even with the bear market that is currently, no doubt that hopefully Axie Infinity game can return to stay in time and Staking is an option.