Axiome (AXM)

Axiome (AXM) is the sole cryptocurrency within the Axiome ecosystem, designed to facilitate payment for network fees and provide access to all ecosystem solutions. Axiome aims to establish a stable source of income for its users over the long term. Approximately 41.88 million AXM have been mined, amounting to 1.4% of the maximum supply, and the current market price is set at $0.15, corresponding to a market capitalization of $6.39 million.

The unique delegation mechanism in the Axiome network allows users to earn rewards for delegating their AXM coins. Participants can receive generous returns of up to 20% per month, with the reward rate depending on the proportion of delegated AXM to those already mined. Maintaining a delegate ratio of 95% or higher ensures that these returns remain at their maximum. This dynamic enables the community to collectively regulate their income while contributing to the overall stability of the Axiome Chain.

Axiome implements several burning mechanisms to mitigate the risk of hyperinflation and maintain the value of AXM. A 10% fee is applied and instantly burned during the un-delegation of AXM, while 30% of all network transaction fees are also subject to immediate burning. Additionally, unclaimed rewards from the partnership program are burned if the participant’s status does not qualify them for specific levels of earnings. These measures underscore Axiome’s commitment to creating a sustainable and efficient ecosystem.