Axie Infinity to Launch Two-Round bAXS Airdrop Backed 1:1 by AXS to Reward Players

Axie Infinity announced on Feb. 4 it will introduce the non-transferable token bAXS, backed 1:1 by AXS and designed to reduce inflationary rewards for genuine players. The game will conduct two rounds of bAXS airdrops based on users' Axie scores and AXS staked, with participants required to stake at least 10 AXS before 00:01 UTC on Feb. 5 to qualify for the first round's 100,000 bAXS pool. HTX data show AXS climbed from about $1 at the start of the year to $1.62, with an intraday high of $2.99.