AXM

Axiome price 
AXM

$0.3943  

0.61% (1d)

Axiome to USD Chart

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Axiome statistics
Market cap
 

0.00%

$8,059,494
#3009
Volume (24h)
 

12.73%

$416,051
#1474
Volume/Market cap (24h)
 
5.16%
Self-reported circulating supply
 
20,441,000 AXM
0.68%
Total supply
 
3,000,000,000 AXM
Max. supply
 
3,000,000,000 AXM
Fully diluted market cap
 
$1,182,842,459
AXM to USD Converter
AXM
USD
Price performance
24h 
Low
$0.386
High
$0.4
All-time high
May 07, 2024 (13 days ago)
$0.5177
-23.83%
All-time low
May 08, 2024 (11 days ago)
$0.3301
+19.45%
See historical data
Popularity
In watchlists283x
8418th / 10.0K
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About Axiome

Axiome is a DeFi ecosystem centered around its Layer1 blockchain, Axiome Chain, and its native coin, AXM. The platform is designed to host various interconnected projects that not only share their revenues with AXM stakers in the form of stablecoins or their native coins but also enhance community engagement and platform growth. To manage economic incentives and ensure sustainability, Axiome uses a unique floating reward mechanism and intensive burning mechanisms, which together help prevent hyperinflation and maintain the coin’s value. The ecosystem is bolstered by a strong community and an attractive partnership program, which are essential for rapid development and adoption. Plans are in place to continuously integrate new projects into the Axiome network, further expanding its reach and capabilities.

Core Value

• Delegation rewards: Holders can mine new AXM, earning up to 20% per month, and receive a share of network fees, incentivizing long-term holding and stability within the ecosystem.

• Tokenomics Stability: Employs a floating reward rate for delegation and various coin burning mechanisms to manage the supply and mitigate inflation risks. These features are critical for maintaining the long-term economic stability and appeal of AXM.

• Project Integration & Ecosystem Growth: Axiome Chain champions seamless integration of projects with smart contract capabilities, enhancing the ecosystem through strong community ties and shared revenue models. This strategy bolsters the ecosystem's evolution, elevating AXM's utility as it steers continuous innovation and adoption of new projects.

• Scalability and Interoperability: Axiome Chain is built on the Cosmos SDK, facilitating scalability and interoperability with other blockchains through the IBC (Inter-Blockchain Communication) protocol. This allows for seamless coin migration and interaction between different DeFi ecosystems, enhancing the usability and reach of AXM

Validator Incentives: The ecosystem rewards validators for their role in maintaining network integrity and security. Validators earn fees from mining new coins and a percentage of network fees, incentivizing optimal performance and reliability of the blockchain network