AXM Staking
Complete guide to staking AXM coin on Axiome Chain: detailed overview of reward types and risk management.

DPoS (Delegated Proof of Stake) delegation is a mechanism for securely transferring (locking) your AXM in a validator’s stake. This mechanism was developed for the following purposes:
Strengthening the stability of Axiome Chain. The more AXM is locked, the harder it is to influence consensus.
Mining new AXM.
Providing the community with an attractive source of rewards.
Reducing the circulation of free coins.
Types of rewards
There are three types of staking rewards:
1. Mining new AXM
The reward rate for mining new AXM ranges from 1% to 20% per month and is determined by a unique floating rate mechanism.
This mechanism monitors, block by block, the ratio of all delegated AXM to all mined AXM and sets the current reward rate depending on the value of that ratio.
0.3% of your reward is allocated to the validator. The validator’s fee has only a minor impact on your final reward, but it helps the validator maintain and improve their node, making Axiome Chain more stable.
2. Share of network fees
All transactions in Axiome Chain require a fee paid to validators for execution. 30% of the collected fees are burned, and the remaining amount is distributed as follows: 95% to the validator’s delegators and 5% to the validator itself for maintaining and improving its node.
Choose the most stable validators. If a validator misses block signing, it won’t generate delegation rewards for that block.
In the block explorer, pay attention to the Uptime indicator. The higher this indicator, the more stable the validator.
Delegate to multiple validators to minimize the risk of missing out on rewards.
3. Share of Community Pool income
With the development of the Axiome ecosystem, the Community Pool will become one of the most attractive ways of generating profit in the cryptocurrency market.
This solution is an exceptionally effective method of rewarding stakers with multiple liquid rewards at once.
The method of distributing the pool’s profit is extremely simple:
Just go to the block explorer.
Open the Community Pool section.
Connect your wallet.
Claim your accumulated rewards with a single click!
Risk Management
To minimize the risk of hyperinflation, in addition to the four types of burning, a mechanism was introduced that automatically sets the rate for mining new AXM based on the ratio of all delegated AXM to all mined AXM.
This mechanism allows the community to independently control the pace of mining.
A healthy ratio of delegated AXM to mined AXM is set at 95%. If the ratio always remains at 95% or higher, the rate will stay at the maximum (20% per month).
Formula for calculating the ratio:
Delegated / Mined * 100%.
>95%
20%/mo.
90% - 95%
17%/mo.
85% - 90%
14%/mo.
80% - 85%
10%/mo.
75% - 80%
8%/mo.
70% - 75%
5%/mo.
65% - 70%
2%/mo.
<65%
1%/mo.
The mechanism is fully autonomous and monitors the ratio with every new block in Axiome Chain (~5 seconds).
How to delegate AXM?
Step 1. In the Axiome Wallet mobile app, go to the “Staking” tab and open the “AXM Staking” section.

Step 2. Click the “Delegate” button.

Step 3. Choose a validator, specify the amount and click “Confirm.” Your AXM will be transferred from your wallet to the stake of the chosen validator.

Where do delegation rewards go?
All delegation rewards accumulate in the same section (AXM Staking) under the “Delegated” card. Click “Claim” to transfer rewards to your wallet.

How to undelegate AXM?
Step 1. Go to the “AXM Staking” section and click the “Undelegate” button.

Step 2. Select the validator and enter the amount for undelegation. Then click “Confirm.”

You can have a maximum of 7 active undelegations within a single validator.
How to cancel undelegation?
If you cancel an active undelegation before it is completed, your AXM will return to the validator’s stake, and the 10% burn will not occur.
Step 1. Find the transaction titled “Initiating Undelegation” in your AXM wallet’s transaction history.

Step 2. Click on this transaction and in the pop-up window, press the “Cancel” button.

Step 3. Refresh the page, find the same “Initiating Undelegation” transaction again, and make sure there is a red cross next to the amount, confirming that the undelegation was canceled and the AXM returned to the validator’s stake. You will also see a new transaction appear in your history: “Cancel Undelegation”.

When canceling undelegation, AXM return to the validator’s stake without the need to pay the 15% partnership fee again.
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