Another good news came from Axie Infinity, which rose by 30% today. The platform, the most popular blockchain game, will establish a new decentralized exchange.
This initiative, which will combine the gaming world and the decentralized financial market, will also provide great convenience for gamers to sell their AXS.
According to The Block’s report, this news was only shared in an interview with The Scoop.
The DEX (decentralized exchange) to be established is expected to help users continue to play.
Currently, users had to remove their tokens from the platform to trade. It is aimed to remove some difficulties in the new system.
The DEX will be built on Ronin, an Ethereum-linked sidechain created specifically for Axie Infinity.
“People want to buy and use their tokens from the same place without having to constantly use a bridge,” AXS growth leader Jeff Zirlin told The Block. said.
Axie Infinity is a game built on the blockchain that allows users to buy, sell and produce creatures called “axies”.
After the ConsenSys-backed project hit 1.7 million active users in August, there has been some pullback in interest. Weekly volume is currently around $130 million.