AXM Coin
Learn about AXM Coin - its role in Axiome Chain, how supply, burning, staking, and token utilities work in the ecosystem.

The AXM coin performs several key functions within the Axiome ecosystem:
Represents ownership share of the Community Pool income.
Serves as the base asset in liquidity pools on Axiome Swap.
Acts as the base asset on Axiome Pump, used for all new token presales.
Functions as the margin collateral when trading on Axiome Futures.
Used to pay network fees.
AXM staking is the core element of the DPoS consensus to support the operation of Axiome Chain.
Important links
Buy / Sell AXM:
P2P-bot (for users from Russia and Belarus)
Issuance
The maximum supply is 1,000,000,000 AXM.
New coin issuance occurs only through AXM delegation rewards. The reward rate for mining new AXM ranges from 1% to 20% per month, depending on the global ratio of all delegated AXM to all mined AXM, according to the floating rate mechanism designed to control the pace of issuance based on market conditions.
Burning AXM
To keep Axiome’s tokenomics healthy, in addition to the floating rate mechanism, four burning mechanisms were developed:
1. Burning partnership rewards (when status is insufficient)
If your status in the partnership program does not allow you to receive rewards from lower-level invitees, those rewards will be burned.
2. Burning upon undelegation (always)
With every undelegation of AXM, you pay a 10% fee on the amount being undelegated, which is subject to instant burning 30 days after the undelegation is initiated.
3. Burning network fees (always)
All AXM-related transactions incur network fees. Of each fee, 30% is burned, and the remainder is distributed as delegation rewards (the share of network fees).
4. Buyback-and-burn from Axiome Futures profits
Every week, 10% of the trading fees collected on Axiome Futures will be used to buy back AXM and burn it immediately.
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