- #AXIE INFINITY SHARD HOW TO#
- #AXIE INFINITY SHARD INSTALL#
- #AXIE INFINITY SHARD OFFLINE#
- #AXIE INFINITY SHARD FREE#
#AXIE INFINITY SHARD HOW TO#
How to Connect Your Trezor to Ronin Wallet? Your new wallet has a public address, and this is where you will need to send your AXS coins to.
#AXIE INFINITY SHARD OFFLINE#
Back them up offline read here for further private key security tips. Remember, anyone with these words can gain access to your coins. You will be prompted to choose a password, and most importantly, you will receive your 12-word paraphrase on the next screen. Once installation is complete, open your extension and set up a new wallet (you can also restore a wallet in case you already have one). Security tip: to avoid fake apps, use the above links and always make sure the app has a reasonable number of downloads, in this case, Ronin’s chrome extension currently has more than 2 million downloads. Ronin Wallet by Axie.Īs mentioned above, double-check you’re installing the correct extension by clicking the appropriate links. Ronin is the official Axie Infinity wallet, and just like MetaMask, it is available as a browser extension for both Google Chrome and Mozilla Firefox. To unstake, simply use the red Unstake button, which is located under the Stake button. If you wish, you can claim your rewards or restake them.You can use the staking dashboard to see your rewards live, as well as the current APY which is changing over time. Go to the AXS Staking dashboard, use the “stake” button, then select the desired AXS amount – press “stake” again, and approve the transaction via your Ronin wallet that pops up.If your AXS are on the ERC-20 network (wallet address starts with “0x”), then you can use the Ronin bridge option to swap them into Ron Network’s AXS.Binance supports this option, but please note: when withdrawing from Binance to RON, choose the RON network and insert your Ronin address after replacing the ronin: prefix with 0x, and always withdraw a small test amount. If you withdraw from an exchange, make sure you select the Ron network. Please note: Ronin is running on the Ron network, so you must transfer only via this network (and not from any other ERC-20 or BSC wallets). Your Ronin wallet address should be in the following format: “Ronin:xxxxxx” Transfer your AXS tokens to your Ronin wallet.
#AXIE INFINITY SHARD FREE#
Otherwise, you won’t be able to proceed and you’ll receive the following error message while trying to send funds: “You’ve Used Your Today Free Transactions in Ronin Wallet.” You will then need to verify an email address and create a password. Tip: Trezor is integrated with the Ronin wallet, it’s advisable to have one if possible.
#AXIE INFINITY SHARD INSTALL#
Install the Axie dedicated wallet, which is the Ronin wallet extension for Google Chrome and Mozilla Firefox.If not, you can buy them on crypto exchanges such as Binance. Make sure you’re holding any AXS tokens.On the other hand, when there is risk there should be a remarkable reward or a high APY in other words. There’s a non-zero chance of failure which can lead to funds being lost. Second, when you stake, you’re temporarily not in control of your funds – they are being handled by a smart contract or by the entity behind the project. Things change quickly – be prepared for it.
Remember that if you send your money to the wrong address or become a victim to a phishing scam – your coins will be lost and you won’t be able to retrieve them.Īlso, in regards to staking itself, there are risks to consider as well: Right off the bat, as with anything crypto-related, volatility is a factor to keep in mind. Yes, sometimes the transaction fees will be higher than the amount sent, but this is an extra step to protect your funds. A good idea here is to send a small amount (dust) before sending the rest of your coins. To avoid any losses, you must make sure to double-check the URLs you enter, as well as any wallet addresses you’re depositing coins to.
Security first! In crypto, you’re your own bank. However, as more AXS got staked, the APY decreased and is currently at around 190%. In the case of Axie Infinity, what drew investors in was the high returns. In this guide, we take a look at one of the features in particular – staking AXS.Īxie launched its staking program at the end of September 2021.įor those of you who’re unfamiliar, staking in the crypto world means locking in your tokens in exchange for interest. This is a relatively new model of gaming that has been commonly referred to as ‘play to earn.’ĪXS, or Axie Infinity Shards, represent the governance token of the Axie Universe and holders will be able to claim rewards by staking, playing the game, and participating in certain governance votes. The biggest difference between traditional games and Axie is that the blockchain-based economic design is used to reward Axie’s players for their contributions to the ecosystem. Users are able to collect, battle, raise, and build the kingdoms their virtual pets deserve. Axie Infinity brings forward a universe that’s expired by Pokémon where players can earn tokens through contributions to the ecosystem and skilled gameplay.
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