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Axie Infinity - Come on baby stake it one more time!

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Avatar for PVMihalache
Written by   1097
1 month ago
Topics: AXS, SLP, Axie Infinity, Ronin, NFT, ...

I started playing Axie Infinity last year, on the 8th of August 2021. I joined late and I missed the hype but at least I had fun! 

Well ... never say never ... specially when you can earn money! I didn't played Axie Infinity when it started and when the whole thing exploded, it was to late to join as the prices went crazy. I just added Axie Infinity to the list of missed opportunities. - PVM August 2021

The game kept going downhill, with the rewards being reduced constantly. The game updates made it more difficult for casual players, and the Ronin hack was the last straw for the unhappy community. 

Worrying about your ranking and trying to maintain above 800 was a thing but to totally remove the $SLP earnings in PVE is another kick in the nuts! By the end of the year we will either get balls of steel or stop playing!  - PVM February 2022 

I earned some SLP and didn't sold at high value, so was no point to sell at low value. The AXS token was still doing well, close to $50 per unit, and I decided to invest. Do you remember when 4500 SLP were over 263 USD? This game fell as hard as Pegaxy did! 

The AXS price was $140 when I started staking, and I am confident to say that we will never see this value ever again! I added the gains back in the pot, and raised the total staked AXS at 2.25. The AXS was already at a discounted price, down at $47 in few weeks.

I claimed my last stash of SLP, 3068 tokens, and swapped them for AXS. This claim was done after the last played game, when I gave up due to the stupid game changes. 

If 4500 SLP were 263 USD few months ago, 3000 SLP were swapped for 14 USD! It's crazy how volatile the crypto is, and why is important to take back the investment when you have the change. Why? Because you may never have this chance again!

Come'on Axie... stake it one more time! The APR at the end of July was still decent, at 69%, and I chose to restake the 0.53 AXS rewards. My staked stash is now 4 AXS, approximately 68 USD at the current token price. How long should I keep it staked? Is AXS still a good token to hold? Not sure but this is my goodbye to Axie! I want to say it was a good year but that will be a lie! 

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Written by   1097
1 month ago
Topics: AXS, SLP, Axie Infinity, Ronin, NFT, ...
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Comments

I was one of the scholars for axie last year. I also joined late and struggled to play in the 1st month. When I get the flow of the game and earn a higher SLP it started going down. So my manager decided to sell all his axies and invest in a new business.

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1 month ago

I am happy for your earnings. I wish you more.

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1 month ago

Ooo so nice continue it and all will be fine

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1 month ago

[spam]

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1 month ago

[spam]

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1 month ago

The crypto language is so dificult to understand. Sorry that in sound nonsense, because I am new (less than one month) old in crypto world and learning. I always get your article interesting and informative. I got at least an idea from your article... Thank you sir

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1 month ago

You will slowly learn new stuff

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1 month ago

I am so glad for you such motivation

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1 month ago

Is this still going on? I thought it's gone already 😅 .. Meanwhile, I haven't checked my pegaxies for a long time now..

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1 month ago

I don't play anymore... just have AXS staked on there and then will sell

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1 month ago

A lot of players still hoping on this one, and I hope some could get their ROI already.

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1 month ago

Will be hard as the game is hardly surviving

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1 month ago