Why The Axion OTC Pool Is So Important

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Submitted By James McFadden — a.k.a Metal on Discord A member of the Axion Advisory Council Think of the OTC as Axion’s personal in-house bank, where the various fees paid by buyers and sellers on the open market pay, along with funds from the Axion Accelerator collects, all come together to create one big fund or as we like to say in Defi, pool…  Over time, as this fund builds up, Axion stakers will have an opportunity to swap their liquid ...

Sell Tax Percentages

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Greetings Axionauts, As per our latest announcement, one of the required steps for our 2022 vision was to bring in a 5% sell tax. This is now in place, meaning that 5% less liquidity leaves the pool with each sell, which of course helps to sustain the price.(https://axion.network/news/updates/our-vision-for-2022-and-beyond) The taxed AXN is then split into two, helping our tokenomics in a further two ways: -Half of the taxed AXN is instantl...
Axion vote confirms the move to Polygon Matic chain network

Axion community votes to move to Polygon

| Votes
With an incredible 810 votes submitted (making this the largest official Vote enacted in the Axion ecosystem thus far), an overwhelming majority of the Axion community cast their vote to migrate our entire project over to the Polygon network. With over 95% of the vote going to YES, this now officially secures Axion's move and gives the development team the go-ahead and community support to enact the migration. In addition, the preliminary re...
Axion dao vote community proposal

Should Axion migrate to Polygon?

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Gas fees have been suffocating the Axion project for many months now. Even with Axion v3, a completely new code framework exclusive to Axion, there still isn't enough of a reduction in the amount of code to combat the rising price of Ethereum and the higher GWEI required to run transactions on the network. With ETH 2.0 still a complete unknown, we know that the longer we sit and wait for things to get better, the longer it will take to create ...
Axion dao vote community proposal

How should Axion pay for the V3 Audit?

| Votes
The community must now vote on how to pay for the Axion v3 Audit. For more information about the Audit itself, including reasons for why an audit should be performed, please visit this page. There are multiple options and combinations of options to pay for this audit. The intent of this vote is to determine the community's most prominent option, though the ending result may be a combination of options. In this vote, you will choose the option...