# Axiome

> Axiome is a DeFi ecosystem built on Axiome Chain, using AXM coin, featuring revenue-sharing, community engagement, and anti-hyperinflation mechanisms.

- Canonical URL: https://iq.wiki/wiki/axiome
- Categories: Projects & Protocols
- Tags: DeFi, Infrastructure
- Created: 2024-08-08T14:46:01.469Z
- Last updated: 2024-08-08T14:46:01.469Z
- Source: IQ.wiki — the world's largest blockchain and crypto encyclopedia (https://iq.wiki)

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**Axiome** is a [DeFi](https://iq.wiki/wiki/defi) ecosystem built on its own L1 solution, Axiome Chain, and powered by its native coin, AXM. [\[1\]](#cite-id-7h2ydgyd91)[\[2\]](#cite-id-bpn5w3u8ve8)  
  
  
# Overview  
  
The Axiome platform is designed to host various interconnected projects that not only share their revenues with AXM [stakers](https://iq.wiki/wiki/staking) in the form of [stablecoins](https://iq.wiki/wiki/stablecoin) or their native coins but also enhance community engagement and platform growth. [\[4\]](#cite-id-2tj60m2dn6m)  
  
To manage economic incentives and ensure sustainability, Axiome uses a unique floating reward mechanism and intensive [burning](https://iq.wiki/wiki/token-burn) mechanisms, which together help prevent hyperinflation and maintain the coin’s value. [\[1\]](#cite-id-7h2ydgyd91)  
  
The ecosystem is bolstered by its community and a partnership program, which are essential for rapid development and adoption. [\[1\]](#cite-id-7h2ydgyd91)  
  
> "Our mission is to build a scalable ecosystem of modern DeFi solutions, allowing AXM holders to continuously increase their staking rewards" - mission statement[\[4\]](#cite-id-2tj60m2dn6m)  
  
## Core Value  
  
## Delegation rewards  
  
Holders can [mine](https://iq.wiki/wiki/mining) new AXM, earning up to 20% per month, and receive a share of network fees, incentivizing long-term holding, and stability within the ecosystem. [\[3\]](#cite-id-a85dsw63ev)  
  
## Tokenomics Stability  
  
Employs a floating reward rate for delegation and various [coin-burning](https://iq.wiki/wiki/token-burn) mechanisms to manage the supply and mitigate inflation risks. These features are critical for maintaining the long-term economic stability and appeal of AXM. [\[3\]](#cite-id-a85dsw63ev)  
  
## Project Integration & Ecosystem Growth  
  
Axiome Chain integrates projects with [smart contract](https://iq.wiki/wiki/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. [\[3\]](#cite-id-a85dsw63ev)  
  
## Scalability and Interoperability  
  
Axiome Chain is built on the Cosmos SDK, facilitating scalability and interoperability with other [blockchains](https://iq.wiki/wiki/blockchain) through the IBC (Inter-Blockchain Communication) protocol. This allows for coin migration and interaction between different DeFi ecosystems, enhancing the usability and reach of AXM. [\[3\]](#cite-id-a85dsw63ev)  
  
## 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. [\[3\]](#cite-id-a85dsw63ev)  
  
# AXM Coin  
  
The AXM coin is an integral 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 a stable method of income generation. [\[3\]](#cite-id-a85dsw63ev)[\[5\]](#cite-id-ckssli0eolk)  
  
## Tokenomics  
  
The maximum coin supply is 3,000,000,000 AXM and the initial supply is 17,000,000 of which:  
  
* The Company was allocated 5,000,000 AXM, delegated since the [mainnet](https://iq.wiki/wiki/mainnet) launch for further development and scaling of Axiome Chain's capabilities, as well as for marketing, events, collaborations, bonuses, etc.  
* ICO: 7,000,000 AXM, were sold in the first days of Axiome's launch at pre-launch prices.  
* Leadership bonuses: 5,000,000 AXM was delegated since the mainnet launch to a separate wallet exclusively for the payout of leadership bonuses. [\[6\]](#cite-id-96j1msj683)  
  
# Team  
  
* Alex Scheck - CEO  
* Evgeny Sakirkin - CTO  
* Willi Kellich - CFO  
* Yusuf Bilgic - Non-Executive Director (NED)  
* Charles Belford - Chief Risk and Trading Officer (CRTO)[\[1\]](#cite-id-7h2ydgyd91)  
  
  
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