Ethereum has been a fantastic foundation to built the Axion project. When Axion first started, interacting with Axion was incredibly cheap, allowing anyone to get into the Axion ecosystem. With the explosive growth in ETH, both in price and congestion of the network, it is now cost-prohibitive for nearly all transactions to be performed on the network. 

Even with Axion v3, a completely new code framework exclusive to Axion that eclipses every other staking token on the network, 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 a positive price movement and ROI for our community.

It's time for a change.

The future of AXION is here.

Time to say goodbye to high gas fees, and hello to the future.

New contract address: 0x839f1a22a59eaaf26c85958712ab32f80fea23d9

Learn how to buy here

Launch Features

  • Stake naming

    Now you can name your stakes, visible on the blockchain forever! Here's to "Favorite Axion Stake 02" living forever.

  • Stake splitting

    Now you can separate a stake into two separate stakes, setting the ratio that you want to split your stake into. Then you can early unstake or upgrade the split stake! Pretty handy for those who like stake laddering!

     

  • Use your wBTC divs in the Accelerator

    Now you can use your earned wBTC dividends straight in the Accelerator without needing to withdraw first. Put those divs to use and get AXN with a bonus and save on additional fees & transactions.

     

  • Accelerator bids are on the house.

    We're covering the costs for all new participants in the Accelerator, automatically. 

  • New Staking Portal Theming Engine

    Change the way you view the Staking Portal with new Visual-Class NFTs like the Supernova. It's all a part of Axion's upcoming NFT Ecosystem.

     

  • NFT Stakes & Limited Transfer

    Some time after launch, you will be able to mint your stake as an NFT, including a limited time-window to be able to transfer your stakes between wallets. The NFTs will have some exciting generative artwork, so stay tuned!

Why Migrate?

Ethereum has been a fantastic foundation to build the Axion project on. When Axion first started, interacting with Axion was incredibly cheap, allowing anyone to get into the Axion ecosystem. With the explosive growth in ETH, both in price and congestion of the network, it is now cost-prohibitive for nearly all transactions to be performed on the network. 

Even with Axion v3, a completely new code framework exclusive to Axion that eclipses every other staking token on the network, 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 a positive price movement and ROI for our community.

It's time for a change.

Enter Polygon.

The team has spent months discussing all the different viable chain options; BSC, Pulse, Cardano, Solana, Avalanche and many more. After thoroughly considering all the options, we’re finally ready to announce Axion’s future, launching on Polygon (previously known as Matic).

We will launch Axion v3 on the Polygon network, taking advantage of the power that the v3 code provides as the most secure and powerful staking contract on the market.

The world's best staking ecosystem, now easier than ever to participate.

Polygon Chain Benefits

  • Say goodbye to high gas fees.

    Current Accelerator bids on Ethereum cost over $100. On Polygon, it costs less than (or around) a single US penny. This means that anyone will be able to participate in the Accelerator and maximize their investment, with more money going towards buying AXN, and less in paying exorbitant fees.

  • Seamless migration.

    Because Polygon is a Layer-2 scaling solution made to bring mass adoption to the Ethereum network, it will be easy for all our users to make the transition. Polygon uses the same wallets, the same token names, and the same easy access to the network, simplifying the process for current and new users to interact with the Axion ecosystem. A comprehensive set of Axion tutorials and instructions will be made available during the migration to help bring our community to its new home.

  • Transaction costs on the house.

    When we migrate, all members of the Axion community will get enough $MATIC to perform over 50 transactions on the Polygon network. This will be enough to stake, unstake, bid, and buy. We will also be setting up a $MATIC "faucet" that will allow new users to the Axion ecosystem to get enough Matic to pay for their Accelerator bids all for free, paid by the Axion Foundation. So tell your friends, because bids are "on the house."

  • All stakes now on v3.

    When we launch on a new chain, all stakes will be automatically upgraded to Axion v3, meaning users who have been waiting to unstake their v1 stakes, or want to upgrade from v2 to v3, will not have to pay the costs to upgrade. This also means that the Axion Smart Contracts can remove all backwards capability, making the contracts even cheaper to execute and the codebase even more secure.

  • More growth opportunities.

    With a move to Polygon, we will have the opportunities to grow as the network's largest staking ecosystem. As Polygon increases its userbase as a strong alternative to the Ethereum network, Axion's huge community and utility can be a perfect ecosystem for new users to be attracted to. It will take a lot less effort to trend on Polygon's charts, giving Axion the ability to outshine and outperform compared to other more congested networks with similar projects. Axion is also in personal touch with the development team of Polygon, allowing for better support and opportunities to be connected to future Axion Launch partners.

  • Increased deflationary measures

    Axion has already built in the deflationary measurements with the Accelerator, having burned over 6 billion tokens and counting. With our launch on Polygon, we'll be able to add additional deflationary measurements to the token that can happen more often, allowing us to efficiently and continually combat the typical inflation that plagues many staking projects.

  • New NFT stake minting.

    Axion v3 enables NFT stakes, but the cost of minting NFTs is much more expensive on Ethereum network than on Matic. Now, all stakes can be minted as NFTs, allowing future tokenomic changes like an NFT Share Marketplace or share transfers to be performed cheaply and easily. Custom artwork for NFT Stakes can also be generated for unique flares!

  • Dynamic liquidity management.

    Launching on Polygon opens up new opportunities to dynamically manage the token's liquidity, increasing liquidity during volatile periods and reducing it during positive price movements. This creates more stability without inhibiting upwards price movement, though any specific price action is never guaranteed.

  • Launching with a fresh chart.

    Bringing AXN over to Polygon will generate a new chart. We will be able to promote and support upwards price movement, again recapturing the momentum of Axion's launch with positive buy pressure and new user FOMO. 

  • ...and more!

    The incredibly cheap cost of transactions on the Polygon network will allow us to build in wild new functionality and features to the Axion ecosystem that before have been prohibitive due to the increase in gas cost that the additional code would bring. We could double or triple the amount of code present in the Smart Contracts and still have incredibly cheap costs. The future is bright!


Migration FAQs

When will the migration happen?

The team is waiting for the Halborn Audit on the Axion v3 code to finish. Once that is done, the testing will begin on the Polygon network, along with creating all the comprehensive tutorials and updates to the knowledge base as well as kicking off all marketing efforts. With so much to do, the team has a lot to finish before launch!

That being said, the team expects to launch Axion on Polygon by the end of October.

What will we need to do before or after the migration to be able to access our tokens?

Nothing! All you will need to do is change your wallet network once we launch on Polygon, and the Axion Staking Portal will guide you through this process. It will be a total of 2 clicks to migrate over to Polygon!

All stakes and liquid AXN will be fully migrated for you, all you will need to do is add the Polygon network to your MetaMask. We will even be airdropping you some MATIC so you can make a bunch of stakes/unstakes and Accelerator buys completely on the house!

What happens to wBTC divs?

All bitcoin divs will safely transfer over to the new chain!

Do we have to withdraw VCA, Regular Auction bids before migration?

Unstaked auction bids won't be migrated. Either stake your bids before the move, or there will be a manual claim form after migration. The form will ask you to submit the wallet address with the unclaimed stakes, how long you want to stake, and then the team will create a stake on your behalf, associated with the same wallet address on the Polygon network.

Will other wallets other than MetaMask support the Polygon network?

Most wallets will support the Polygon Network, as long as it has an Add Network or Custom RPC option. If your wallet doesn't allow you to add custom networks, you can import your seed phrase or connect your hardware wallet to MetaMask or another wallet. This will affect less than 0.1% of the current userbase.

How will we buy AXN on Polygon?

Instead of using Uniswap, you will use Quickswap, which is the dominant exchange on the Polygon network. You will bring your Ethereum or accepted tokens over to the Polygon network using the official Polygon/Ethereum bridge and then buy on Quickswap or use the Accelerator for an additional bonus.

If someone is not currently registered for wBTC divs and are not receiving any yet, what will happen after migration? Will they be automatically registered?

Yes, all stakes will be automatically updated to v3 stakes, which are eligible for wBTC dividends.

Can I send my wBTC, wETH or MATIC to my CEX?

At the current moment, not all Centralized Exchanges (CEX) support the Polygon chain, meaning if you tried to send ETH from your Polygon address to your Coinbase account, the TX would fail and you would likely lose your crypto. Until more CEXs support the Polygon chain, you must first send your applicable tokens (like ETH or wBTC) via the official Polygon bridge to the Ethereum network, and then to your CEX.

What about my Axion Launch tokens (Vabble, Sekuritance, Direwolf)?

The Axion Vesting Engine that has already distributed Ethereum-based tokens will continue to exist on the Ethereum network. Therefore, all users who have vested tokens will continue to withdraw them by paying ETH fees on the Ethereum network. Any future Axion Launch tokens that launch on the Polygon channel will use the Polygon version of the Vesting Engine.

What about my Axion NFTs?

They will remain on the Ethereum network, and yes they will still have value and benefits in the future. The Staking Portal will automatically determine if your connected wallet contains a NFT on the Ethereum network or the Polygon network when determining your eligibility.

If you have an Axion NFT right now, we don’t want to remove them from OpenSea, even though OpenSea does work on Matic. This way users can continue to buy and sell Axion NFTs.

In the future, we may launch a NFT burning portal that will alow you to exchange your OG NFT on Ethereum for Matic. This won’t happen until after launch.

What is the "Axion Matic Faucet?"

Axion is providing a way for any user on the Polygon network to receive free $MATIC, enough for 50 transactions or more. This is an act of goodwill for the Polygon community and to introduce them to Axion. It will be made available soon.

What will the token pairing be?

Most likely, the pairing will remain ETH/AXN, though the team is looking at the possibility of a stablecoin / AXN pairing.

Anything I can do to help?

Share the news! Axion is going to be cheaper, easier, and more accessible than ever. Shill it with your community and help us get this project out to the masses!

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