Axie Infinity has recently announced the implementation of a Land staking feature in its gaming ecosystem following the reopening of its ETH-RON bridge. Users can now stake their Land and receive rewards, which, according to Sky Mavis, is progress toward attaining purposeful decentralisation as well as a step toward providing Land NFT holders in the game with a "engaging, beautiful, and rewarding" experience.
11,194.62 AXS will be made available for land staking each day, with the quantity of AXS given to each participant depending on the rarity of the staked land. Users may stake a total of three Land plots in a single transaction.
The company claims that the introduction of land staking expands the utility of the asset well beyond its initial description as merely a resource base for AXS (the game's governance token) capabilities. However, due to its complex structure, its initial technical endeavours demand intentional attention and development that can only be implemented gradually.
Sky Mavis has also placed a strong focus on the launch, stating that if any sort of Land gameplay is made available and simultaneously supports token incentives, Land staking rewards would then be given out via gameplay. The same holds true for Origin, AXS, and any other staking experiences in the future.
Overall, the game views the enhancement to the Land Experience as a method to reward individuals who have purchased Land plots by enabling them to grow their AXS ownership as a "temporary, gradual step toward Project K's release."
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