{"id":507577,"date":"2022-10-24T17:00:49","date_gmt":"2022-10-24T17:00:49","guid":{"rendered":"https:\/\/uniquehot.com\/?p=507577"},"modified":"2024-06-11T08:06:52","modified_gmt":"2024-06-11T08:06:52","slug":"185-million-worth-of-axs-tokens-set-to-be-unlocked-time-to-get-out-of-axie-infinity","status":"publish","type":"post","link":"https:\/\/uniquehot.com\/news\/185-million-worth-of-axs-tokens-set-to-be-unlocked-time-to-get-out-of-axie-infinity\/","title":{"rendered":"$185 Million Worth Of AXS Tokens Set To Be Unlocked, Time To Get Out Of Axie Infinity?"},"content":{"rendered":"
Axie Infinity (AXS) is the leading play-to-earn ecosystem in the crypto space and has continued to maintain this title since its release. Its native cryptocurrency, AXS, has seen its price take a hit in the market since the bear market began alongside other digital assets in the space. However, it seems that the decline in the price of AXS is not at its end as more tokens are set to be released into circulation on Monday, 24 October.<\/p>\n
21.5 Million Tokens Are Coming<\/h2>\n
Just like a lot of other projects in the crypto space, Axie Infinity (AXS) also uses a vesting schedule where tokens are unlocked at specific times. This is in part to control the amount of supply of tokens in the market and to ensure the digital asset remains valuable.<\/p>\n