User Manual
User Manual
  • Introduction
  • Axiome Chain v2.0
  • Axiome Pay
  • 🚀First Steps
    • How to start?
    • How to download the app?
    • How to register an account?
    • How to log in?
    • What is a seed phrase?
  • 🪙AXM Coin
    • AXM Coin details
    • Wallet types
    • Delegation
    • Burning
    • How to transfer AXM to another address?
  • 👥Partnership Program
    • Partnership Program details
  • 💎Axiome Premium
    • Axiome Premium details
  • ⛓️Axiome Chain
    • Developer Links
    • Roadmap
  • Extra
    • Support and Contacts
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  1. AXM Coin

AXM Coin details

Last updated 4 months ago

The AXM coin is a key element of the Axiome ecosystem. It serves several important functions: payment of network fees within the Axiome Chain, providing access to all ecosystem solutions, and serving as an incredibly stable method of income generation for years to come.

Mining

The issuance of new coins occurs solely through the distribution of rewards for . The reward size for mining new AXM varies from 1 to 20% per month, depending on the global ratio of all delegated AXM to all mined AXM, according to the implemented . Its task is to control the mining rates depending on market conditions.

Mining new AXM occurs with the release of each new block (~5 seconds), so the rewards will grow extremely dynamically.

In addition to the floating rate mechanism, for burning AXM are implemented to reduce the risks of hyperinflation.

The maximum coin supply is 3,000,000,000 AXM.

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MEXC
Biconomy
CoinMarketCap
Coingecko
delegating
AXM
three mechanisms
Telegram channel
floating rate mechanism