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The Accelerator is Axion’s newest product, which supersedes the original Auction system. The Accelerator operates under a whole new paradigm, taking the best of the Auction system but making it cheaper, faster, and far more simple to explain.
Yes - By buying in the Accelerator, you get a flat 5% discount compared to the market price (ApeSwap).
On top of that, you get an additional 1-15% more AXN based on staking duration, as long as there is enough bonus allowance remaining.
All is explained on the page when you enter how much you want to spend and how long you wish to stake for.
Yes, there is a minimum stake of 120 days required for all Accelerator purchases. You can stake up to 5555 days (15.2 years).
The longer you stake, the more shares you get. The more shares you have, the more wBTC rewards you will earn!
Axion offers a first-of-its-kind blockchain-powered venture fund alongside high-interest time-locked savings deposits which earn investors a high interest of 8% plus additional rewards. Stakers can earn up to 40% APY.
Using the staking platform, users can lock up their Axion in exchange for shares which will earn rewards over time. The staking contract temporarily burns AXN in return for shares. Shares in the Axion ecosystem are the most valuable asset as they determine the payouts drawn from reward, investment, and reward pools.
We currently only accept USDC stablecoin
Once the bonus allocation for the 24 hour period has been expended, new buyers will only get the 5% discount, but not the 1-15% bonus.
Users can wait until the next day when the accelerator resets (around 07:20 UTC) to buy with the bonus.
Axion's NFT Ecosystem allows users to turn their stakes into NFTs, featuring procedural galaxy artwork unique for every stake. In the future as the project matures, these stakes can be sold on an Axion NFT marketplace.