Axion

JibJabWibWab wrote: »

The whole thing is based on staking.
Staking won't be a thing in 3 years, nevermind 15 fecking years...

Remind me, how long has 'staking' been around in traditional banking?

JibJabWibWab wrote: »

You have your life savings locked into Axion for 15 years so you're hardly objective...

Ha, hardly. I put about 4k into Axion which is now worth 16k just on token price alone. I'm getting liquid BTC free twice a week, every week. Soon to turn to 4 times a week, every week. I've already claimed over $1,000 of the free BTC in the last few weeks.

And nobody has anything locked in for 15 years technically. There will be a possibility to turn your stake into an NFT and sell it on in a couple of years time.

Research the project, you might like it more than some of the ****coins you're dipping into that are truely worthless.

Jackben75 wrote: »

crazy, not a chance this will take off

More expert analysis, thanks.

There's 97Bn tokens ($45M) already staked for 15 years. This represents over 30% of the total available supply.

There's 222Bn tokens($103M) staked for varying lengths of time (average stake length is 7 years). That represents over 83% of the total supply.

The 15 year stake is climbing significantly every single day.

People are claiming their free BTC, every single day.

You can follow all new stakes auction bids and BTC withdrawals right here: https://axion.today/activity

Someone just staked $194,000 for 6 months just 3 hours ago.

There is $10M in liquidity on Uniswap. There is healthy trading volume without using any centralized exchanges.

There is HUGE money going into this. There are people with multiples of 6 figure sums locked into this and earning yearly salaries every month.

And that's all without talking about token price. And it's still early. The project is live about 6 months, currently priced at .00046c and this will be .01c or close to it by year end.

Smart people think long term. Greedy people rush into pump and dumps.

Whelo79 wrote: »

A new partnership and launch pad initiative announced by Axion.

Free airdrop being done of the new partners token on 8th May for people who have 5555 (max stake) only.

Announcement here and details on how to register for the airdrop.

https://axion.network/skrtlaunch

Interestingly enough Sekuritance (Airdrop Token) company wise anyway seem to be based in Ireland.
Will you guys be buying any of the token?

dirk_dangler wrote: »

Month old company, sharing an address with 208 others, thats a pass from me.

Sekuritance Solutions Limited was set up on Monday the 29th of March 2021. Their current partial address is Dublin, and the company status is Normal. The company's current directors have been the director of 0 other Irish companies between them. This Irish company shares its Eircode with at least 208 other companies.
https://www.solocheck.ie/Irish-Company/Sekuritance-Solutions-Limited-691362
https://www.vision-net.ie/Company-Info/Sekuritance-Solutions-Limited-691362

Web site very basic, no real info.
https://www.sekuritance.com/
I going to think any Irish based crypto launching would have some type of presence here on Boards, a post or two, i did not notice any
https://www.sekuritance.com/team/
https://offshoreleaks.icij.org/nodes/56021950
Could mean nothing, someone else here can dig some more , i have no interest in it

Whats your point exactly? There are a huge amount of companies who register in Ireland for tax purposes. Let's not try pretend otherwise. And yeah I'm sure all Irish based companies (crypto or otherwise) are rushing to have a presence on boards, the center of global commerce

When Axion partnered with CNFI earlier this year CNFI were only a few months old. Stakers got to buy into the token launch at 7.5c. CNFI is now trading at $1.32, down from an ATH of $1.67.

The IEO launch is being done through Trust Swap. Trust Swap are are verified, secure and ethical company who wouldn't be carrying out IEO's/IPO's with any unvetted companies.

RodVelvet wrote: »

Interestingly enough Sekuritance (Airdrop Token) company wise anyway seem to be based in Ireland.
Will you guys be buying any of the token?

I will definitely be buying.

Buy in rate of 2.5c with a 20% bonus for having a max shares stake with Axion plus another 10% bonus for having the OG-5555 NFT.

I'll probably be only able to out in around $1.5k but with the 30% bonus I'll be getting 78,000 SKRT rather than 60,000 at an already discounted price.

People pay thousands of dollars to get in at these pre launch rates. You can get into this one for next to nothing and get a bonus 20%. You just need one max share stake with Axion.

Jackben75 wrote: »

Thread should be locked, whelo is constantly shilling this rubbish project misleading newbies. Enough is enough

Dont agree with this, this project is not interesting me, but why shut it down just because you are not interested in it?
Its their own money let people do as they wish with it, they might end up with the last laugh

Jackben75 wrote: »

actually, no, i helped whelo out back in the day 17! There is a vast difference between xrp and Axion, i have no interest in both. :pac: It is a rubbish project being constantly shilled by him, silly but fair enough, perhaps i am out of line on this one.

I'm not sure you actually understand the meaning of the world shill if you think that's what I'm doing.

I've simply provided some updates and answered questions (very loose use of the word questions, as many of the posts I've replied to are far from questions).

djan wrote: »

Have been following the project from a token price development perspective but now I'm trying to understand how Axion works.

I get that funds for the liquid BTC dividends are sourced from the auctions (ETH/BTC?) and then redistributed. What incentive is there to use them rather than buy on the market and what happens when these auctions stop attracting interest?

If you buy from the VCA auctions you instantly get 10% of your purchase back in WBTC directly deposited into you wallet, and you also get a 10% discount on your Axion compared to the Uniswap price.

'IF' pirchases through the auctions drop to zero (unlikely) you still get your minimum 8% APY on your staked tokens, which was the original premise of Axion before the VCA auctions came on board.

Huge update overall here for Axion in terms of the contract code and future development, but also mainly for anyone who was stuck with stakes they could not release due to high gas fees.

Axion V3 is announced for a Q2 launch which will reduce gas fees by over 80% across all contract interactions (staking, unstaking, bidding in the auctions etc).

https://axion.network/axionv3

https://twitter.com/axion_network/status/1393295249041145857

I'd done all the steps but got nothing. Did them again today as I think I'm still in the window before 15th.

Grumpypants wrote: »

I'd done all the steps but got nothing. Did them again today as I think I'm still in the window before 15th.

For the SKRT airdrop? The airdrop won't be done until mid June and then there is a 4 month vesting period.

Axion woke up up 42% any idea why

There is an NFT push happening as well, on top of the lower fees on polygon. Worth checking out if you can get a cheap one early. Air drop of nfts for early adopters too.

Anybody any thoughts on whether Axion is a dead duck at this stage?