Axie Infinity will launch bAXS tokens backed 1:1 by AXS, with initial airdrops for qualifying stakers and Axie points holders to curb inflation in rewards.
Axie Infinity announced the launch of Bonded AXS (bAXS), a non-tradable token backed 1:1 by AXS, designed to maintain utility while reducing inflationary reward distribution. Two airdrops are planned from a 100,000 bAXS pool, with allocations based on Axie points and staked AXS. For the first round, eligibility requires staking at least 10 AXS by Feb. 5, 00:01 UTC. The initiative is part of broader ecosystem updates that also replace Axie Homeland with Terrariums, an MVP of which is scheduled for Q2 2026.