Axie Infinity introduces Governance Portal and Axie Score System

User Avatar

Axie Infinity, the popular web3 game developed by Sky Mavis, recently launched the Axie Governance Portal and Axie Score, giving players a platform to directly participate in the game’s decision-making processes. By linking their Ronin wallets and staking $AXS tokens, players can now vote on key proposals that will shape the future of Axie Infinity.

The first proposal, AIP-001, focuses on enabling enhanced delegation of Axie assets via a hard fork on the Ronin network. This proposal also includes infrastructure improvements to allow for future upgrades without additional hard forks.

Voting for AIP-001 begins on May 20 at 7:00 UTC and closes on May 27. To participate, players must stake their $AXS tokens before a snapshot is taken on May 20 at 01:00 UTC.

Source: Axie Infinity

More contributions mean more voting power

Complementing the Governance Portal is the new Axie Score, a points system designed to reflect a player’s contributions to the Axie Infinity community. The first pre-release version is calculated based on four main categories:

  • In-game achievements: Reflects a player’s activity and performance in the game.
  • Contributions to the Treasury: Includes activities that generate revenue for the Axie Community Treasury, such as evolving Axie components and releasing Axies.
  • Community Contributions: Measure a player’s engagement and added value to the Axie community.
  • Axie NFT Holdings: Takes into account the diversity and number of Axie-related assets a player owns, including Axies, land, etc.

Each player’s Axie score influences their voting rights in the Governance Portal. The score will be updated in real time until the May 20 snapshot, at which point voting rights will be locked for the duration of the vote. At the end of the voting period, players can check in and view the final results.

See also  Parallel introduces new Planetfall expansion
Source: Axie Infinity

The Axie Infinity team aims to refine both the Axie Score and the Governance Portal based on community feedback. Players are encouraged to share their suggestions and participate in the Contributor Program to shape the future development of these tools.

For more details about Axie Governance Portal and Axie Score, interested participants are encouraged to visit the Axie Infinity blog.

Want more? Connect with NFT Plazas

Sign up for the weekly newsletter
Join our Telegram
follow us on twitter
Like us on Facebook
Follow us on Instagram

*All investment/financial opinions expressed by NFT Plazas are from the personal research and experience of our site moderators and are intended as educational materials only. Individuals are required to fully research any product before making any form of investment.



Source link

Share This Article
Leave a comment