Axion is always growing and developing. In the cryptocurrency world, this is the key to survival. You can easily determine the health and stability of a token based on its ability to innovate, develop, and react to market trends. The Axion team has been working constantly behind the scenes to identify problems, develop novel solutions, and implement those solutions in a way that will continue to propel Axion forward into the future.
That's why the entire Axion Development Team is excited to announce Axion v3, which will usher in a fundamentally new way of running the Axion token on the Ethereum network. Our devs started completely from scratch, rewriting Axion's Smart Contract code entirely from the ground up. This new code implements vast savings in computational requirements that eclipse every other staking token on the network, which means much cheaper fees, faster processing, and less hassle for all investors, new and old.
The best part is that Axion v3 will operate entirely on the current token, meaning that all liquid and staked AXN will remain entirely untouched. For all users, the only difference will be cheaper gas, quicker transactions, and the ability for the token to continue to grow and add new features without extra bloat.
These new changes are exciting, and the development team knows that everyone will be eagerly anticipating a launch date to take advantage of these incredible new features. The team also wants to do it right, as any mistake in the code could mean a catastrophic loss for all Axion holders. So the team pledges to do two things:
As such, there is currently no set launch date for Axion v3, though the development team plans on an early Q3 release window.
In the meantime, to support our community, Axion is pausing all late unstake penalties until the launch of Axion v3, and will resume late unstake penalties 30 days after Axion v3’s launch. If you do not unstake your matured stakes before the 30 day post-v3 window runs out, all penalties that would've been accumulated up to that point will be applied. So please, make sure you get your matured stakes withdrawn, and inform anyone you know that has a matured stake they need to withdraw.
A huge thank you to our Axion Community, who believes in this project so thoroughly that they’ve staked over 100BN Axion for 15 years. Axion truly is a #betterwaytocrypto.
With Axion, you can!