Last updated on July 9th, 2022
Axie Infinity Land Staking is Now LIVE!
Axie Infinity Landholders can now stake their Land and earn rewards to enhance ownership of AXS among landholders. While waiting for the key gameplay features being built out, this initiative can help to ensure that distribution of ownership of the Axie universe continues. According to the team, Landholders can upgrade and customize their territory to host shops, Chimera summoning beacons, produce resources, house NPC’s, and even act as access points for dungeons.
Key Points:
- Axie Infinity modeled out an emissions schedule for Land staking. Axie Infinity has allocated 337,500 AXS per month for this initiative.
- Rewards are 11,194.62 AXS per day and users will earn varying levels of native token AXS, depending on the size and rarity of their plot. Users can stake up to three land plots in one transaction.
- According to Sky Mavis, Land Staking is a temporary measure. These Land Staking rewards will transition to rewards through active gameplay once any type of gameplay for Land is released that can support token rewards.
Ways To Buy Land
1. Purchase Wrapped Ethereum (WETH) via Token Binder
a. Create a free account on Token Binder website https://app.tokenbinder.com/
- Enter your username, email address, insert phone number and set a strong password on your account.
b. Place order and start a trade
- Select “Buy” from the list of options.
- Select WETH from the list of cryptocurrencies
-Enter the amount you want to buy. - Choose the right wallet network (Wrapped Ethereum) and insert wallet address (Ronin wallet).
- Press
order has been made successfully. Our admin staff will contact you shortly.
c. KYC verification via Whatsapp
- By providing full name per NRIC, email address and wallet address.
- Bank Account of Token Binder will be provided after KYC has been verified.
d. Make Payment
- Make payment through your preferred Malaysia Online Banking.
- Provide the receipt of payment.
e. Purchase Wrapped Ethereum
- Will receive TXN (Transaction hash) receipt shortly.
- Game credit will be received at Ronin wallet in few minutes
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Now that you have your wallet loaded with WETH, you are ready to buy your land!
2. Go to Axie Infinity Land Marketplace
- Visit https://marketplace.axieinfinity.com/land/
- Login your account and connect your wallet.
- Browse the land you are interested in and click “Buy Now”.
- Taa-daa! You’re now the landholder.
Ways to Stake Your Land Plot
Axie Infinity had provide a tutorial to guide you through the steps of land plots staking👇
Here’s the step-by-step land staking guide:
1. Browse the Staking Dashboard
- First, visit the Land Staking Dashboard website.
2. Connect your wallet
- Unlock Ronin Wallet and confirm you have the correct address selected.
- Connect your Ronin Wallet
3. Approval for land staking
- After the wallet is connected, you will then be able to see the Land approval button. Please proceed with "Approve Land" to let the staking site interact with your Land.
- The Stake button will become visible once you have approved the land.
4. Stake your land plot
- Then, select which Land Plot that you wish to stake. Click on the Land that you wish to stake or you can click "Select All" if you want to stake all the Land plots that you have.
- When you have successfully staked the Land, the amount of Land on your Ronin Wallet will be deducted and you will be able to see them under "My Staked Land" on the Land staking dashboard.
Ways to Unstake Your Land Plot
1. Connect your wallet
- Unlock Ronin Wallet and confirm you have the correct address selected.
- Connect your Ronin Wallet and “Unstake”
2. Unstake your Land
- Select the Land that you wish to unstake or you can click "Select All" if you want to unstake all the Lands that you have.
- Once you have confirmed the transaction with confirmation, your staked Land will be updated and the amount of Land unstaked will be added to your Ronin Wallet.
Land Staking Reward
Ways To Claim Your Rewards
1. Connect your wallet
- Unlock Ronin Wallet and confirm you have the correct address selected.
- Connect your Ronin Wallet and “Claim” .
2. Claim Your Reward
- After you have clicked on the claim, you will need to confirm the transaction claim once again. Please read through the notification before proceeding with "Claim AXS now".
- Your staked rewards will be added to your Ronin Wallet after a few minutes.
Tips: You can go to https://explorer.roninchain.com/txs to verify your transaction on the blockchain.
Source: The Lunacian-Axie Infinity news + announcements
What are you waiting for ? Stake Your Land & Earn AXS! 😛
Kind Reminder:
Do not forget to do your own research before entering and committing to a project and, of course, invest only what you can afford to lose!
If you wish to purchase WETH, you can always go to TOKEN BINDER to buy WETH. You’re just few steps away to own your Land.
