Axie Infinity wallet

What is Axie Infinity (AXS)?

Most of what Axie Infinity is happens on Ronin, an Ethereum sidechain built by Sky Mavis, the studio behind the game. AXS itself started as an ERC-20 on Ethereum, and that Ethereum contract is still the canonical token; the AXS you see inside the game is the same token carried over the Ronin bridge. Its job is governance: holders vote on how the game universe and its community treasury are run. It also has an in-game role, since breeding Axies costs AXS together with SLP, the separate in-game currency. Staking is a Ronin-side mechanic: AXS gets locked in a contract there, so a balance sitting on Ethereum or BNB Smart Chain is unstaked by definition and moves freely.

That gives a holder three places the same ticker can live. The Ethereum version pays gas in ETH. The BNB Smart Chain version is a pegged copy, paid for in BNB, and it is a different contract, not the original. The Ronin version is what the game reads, with gas paid in RON. Moving AXS from a wallet into the game means sending the Ethereum token to the bridge contract, not to a Ronin address directly, and coming back out works the same way in reverse.

Supported networks in Tangem (2): Ethereum, BNB Smart Chain. In the app an Ethereum AXS and a BNB Smart Chain AXS are two separate lines, each with its own gas coin next to it, and every outgoing transfer is signed from one specific line. Which network the tokens leave on is a choice you make when you send, not something to reconstruct afterwards. For a token that has three homes and gets moved between them only now and then, that visible line is the detail that matters most.