When you buy Axion you become an early adopter of what we believe is one of the crypto world's most innovative and rewarding currencies.
Axion is a token, that you can trade on exchanges and use on the Axion network. The basic idea of Axion is that you stake(deposit) it for a period of time, in exchange for interest, just like a traditional Certificate of Deposit(CD).
I firmly believe that this is the future. The founders have several times proved their innovative skills during the launch phase and post-launch. Keep reading for more information on why Axion could be your golden ticket.
The founder of Axion also announced that 1% of income from the Axion auctions will be donated to the Eden Reforestation program. So when buying from the Axion auction, you will not only invest in a brighter future for yourself, you also contribute to a brighter future for generations to come.
We at AxionGuide aim to make Axion understandable to newcomers and for experienced crypto investors.
Be aware that the information provided here is not to be considered as financial advice in any way. Continue reading for a complete tutorial on how to buy Axion and be sure you use the bonus links for 10 % extra tokens when buying your Axion tokens.
For price protection of Axion, there is a safety mechanism called Minimum Auction Bid(MAB). MAB will initially be calculated from the 7-day average price on UniSwap -10%.
This means that if there is a very small amount of ETH sent in, you get 10% below UniSwap price, and the tokens that are unsold will roll over to the next auction. By using my bonus, you will get 10% extra on top of that, and 20%, that's a great deal!
The big weekly auctions are the most likely to have the MAB kicking in because there is such a huge amount of AXN up for sale.
The tokens that are up for auction comes from unconverted Axion and penalties that are built into the Axion contract. You can read more about penalties in the Axion staking guide.