Axie Infinity (AXS) | Price Prediction | 160% APR
Axie Infinity is a blockchain-based game that allows players to collect, breed, raise, battle and trade Axies. Axies are token-based creatures that can be customized with over 500 different body parts, making each one unique. The game has seen a significant rise in popularity due to its unique features and the opportunity to earn passive income.
ReHold uses Chainlink to determine the price of AXS/USD, just as it does for other cryptocurrencies. Decentralization in AXS/USD price determination ensures that problems such as price manipulation, spikes, and slippages present in centralized exchange (CEX) products are avoided.
How to earn passive income on AXS
There are several ways to earn passive income on AXS, including staking and liquidity provision. Staking AXS allows holders to participate in the governance of the Axie Infinity ecosystem and earn rewards for their participation.
Additionally, providing liquidity to AXS pairs on decentralized exchanges can earn users trading fees and rewards. For example, the AXS/USDT, AXS/USDC and AXS/BUSD pairs on ReHold currently offer up to 160% APR on Duals, according to the protocol.
Axie Infinity (AXS) Price Prediction
Predicting the future price of AXS is challenging, as with any cryptocurrency. However, the growth and popularity of Axie Infinity have been significant, and there is reason to believe that the token's value will continue to increase.
As more users adopt Axie Infinity, demand for AXS may increase, leading to an increase in price. However, it's important to note that the crypto market is volatile, and there may be fluctuations in the price of AXS.
The value of AXS is primarily determined by supply and demand in the market. The token has utility in the governance of the Axie Infinity ecosystem, and as more users adopt the game and participate in governance, demand for AXS may increase.
Additionally, the growth of the ecosystem and popularity of the game may lead to increased demand for Axies and other tokens in the ecosystem, which could further drive up the value of AXS.
160% APR on AXS Duals
ReHold offers a unique DeFi earning solution for AXS holders. By utilizing the ReHold protocol at Dual Investments, users can earn up to 160% APR on AXS/USDT, AXS/USDC and AXS/BUSD pairs. This provides an easy way for users to earn passive income on their AXS holdings.
How to Earn 160% APR on Axie Infinity (AXS)
If you're interested in earning passive income on Axie Infinity, ReHold offers a unique DeFi earning solution. You can earn a 160% APR on pairs such as AXS/USDT, AXS/USDC, and AXS/BUSD using the innovative ReHold protocol at Dual Investments. Follow these six easy steps to try it out:
- Connect your wallet Open the ReHold App and connect your web3 wallet. You can choose any web3 wallet that supports BNB Chain, Polygon, Avalanche, Optimism, Arbitrum, and Fantom.
- Choose the Axie Infinity (AXS) Dual asset Select the dual that you need: AXS/USDT, AXS/USDC, or AXS/BUSD. You can start a dual investment with each token of the pair.
- Choose a staking period Select how many hours you want to lock your tokens. The longer the staking period, the higher the yield you will receive.
- Choose the start token Select the start token and the amount you want to invest. You can use the Axie Infinity (AXS) token or USDT, USDC, BUSD of the dual asset.
- Approve the token To start a dual investment, you need to allow smart contracts to use your tokens. It's required only once for a selected token.
- Start your Dual Click on “Start Now” to create your Axie Infinity (AXS) dual and receive your reward after the staking period. That's all! Your Dual is created, and at the end of the staking period, you can take your assets back to your wallet or open a new Dual.
Also, if you are interested in long-term investing, you can activate the auto-replay feature, and your dual will automatically start when the staking period ends. This will save you gas, simplify the passive income process, and increase your earnings.
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