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Axiome

Axiome is a ecosystem built on its own L1 solution, Axiome Chain, and powered by its native coin, AXM. [1][2]

Overview

The Axiome platform is designed to host various interconnected projects that not only share their revenues with AXM in the form of or their native coins but also enhance community engagement and platform growth. [4]

To manage economic incentives and ensure sustainability, Axiome uses a unique floating reward mechanism and intensive mechanisms, which together help prevent hyperinflation and maintain the coin’s value. [1]

The ecosystem is bolstered by its community and a partnership program, which are essential for rapid development and adoption. [1]

"Our mission is to build a scalable ecosystem of modern DeFi solutions, allowing AXM holders to continuously increase their staking rewards" - mission statement[4]

Core Value

Delegation rewards

Holders can 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]

Tokenomics Stability

Employs a floating reward rate for delegation and various 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]

Project Integration & Ecosystem Growth

Axiome Chain integrates projects with 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]

Scalability and Interoperability

Axiome Chain is built on the Cosmos SDK, facilitating scalability and interoperability with other 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]

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]

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][5]

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 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]

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]

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Axiome

Commit Info

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Edited On

August 8, 2024

Reason for edit:

New Wiki Created 🎉

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