Axie Infinity (AXS) In its statement today, it launched the land staking rewards to encourage users who own land in the game to increase their AXS assets.
The company’s decision comes after the AXS community complained that owning land in the game was not good enough and not profitable.
In addition, with the new application, both the number of players and AXS since the last Ronin attack. altcoin Developers will try to give life water for the game, which has decreased in price.
Axie Infinity aims to distribute 337,500 AXS tokens each month for its land staking rewards initiative. Thanks to the plots in the game, users build bases, collect resources and develop strategies to compete with other players.
Axie Infinity Aims to Boost Falling AXS Price and Number of Players
According to the official statement, land staking rewards have been launched for users to have more ownership and influence in the game.
AXS’s staking rewards per plot will vary by plot type. While the Genesis type plot will give the highest prize with 32.70, the Savanna type plot will rank the lowest with 0.08. However, Forest, Pole and Mystic type plots will give a reward of 0.26, 0.74 and 1.64, respectively.
According to the company’s statement, the developers have completed the design and user experience development stages for land staking operations. In addition, the development of smart contracts for land staking was initiated in collaboration with smart contracts developer Owl.
With the postponement of the update on the plots in the game to December 2022, Axie Infinity users started to sell their Axie and their plots on the marketplace. This put some kind of pressure on the developers.
*Not investment advice.