AXIA Technology

An inclusive blockchain protocol with favorable hyper-deflationary tokenomics.

Interoperability

The architecture of the AXIA Network implements true interoperability, resulting in easy innovation and transactional scalability. The blockchain enhances interoperability through its intrinsic design that facilitates the capability for an AllyChain to operate between Solidity-based ERC smart contracts and other blockchains based on EVM (Ethereum Virtual Machine), while communicating with the AXIA CoreChain simultaneously.

Scalable and User Friendly

AXIA is built using a modular and scalable design. The performance and security is fine-tuned to enable developers to build decentralized applications (dApps) with ease. Along with the support for EVM, there is also the ability to utilize and create smart contracts in a simpler, faster and low transaction fee framework to build dApps upon.

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Proof-of-Participation Consensus

Validators

Validators stake AXIA Coin to help secure the AXIA Network by validating its transaction proofs. They generate rewards in AXIA Coin for each block published while also gaining the added benefit of the hyper-deflationary tokenomics.

Nominators

Nominators stake AXIA Coin and help secure the AXIA Network by selecting trustworthy Validators. The process of nominating Validators can be done through AXIA applications.

Supported Features

AXIA applications support all operations related to AXIA Coin, as well as other popular cryptocurrencies. In addition, AXIA applications also serve as the portals through which users can participate in staking.

Transaction History

AXIA applications provide access to all transaction histories, activity logs, balances and various privacy and security features.

Network Architecture

CoreChain

The native chain of the network that imparts security and other features to AllyChains.

AllyChains

Application-specific blockchains with their own native tokens that always remain connected to the CoreChain.

Hyper-Deflationary Tokenomics

An integral part of the design of AXIA is its unique hyper-deflationary monetary system. AXIA Coin establishes a preferred digital currency through these unique tokenomics. The Total Supply is constantly decreasing due to network participation, staking and activity, which creates scarcity of the network coin.

Coin Burning

The reduction of Total Supply is automatically triggered through any form of participation, activity, staking and a variety of other activities across the AXIA Network and ecosystem. The Total Supply will be decreased by an equivalent amount of AXIA Coins if any of these trigger events take place.

All the transaction fees accrued within the ecosystem and across the network are burned to further reduce the Total Supply in a consistent manner. This enables the potential for the AXIA Network to constantly deliver benefits to AXIA Coin users and ultimately provides them with a preferred digital currency as compared to alternatives.

Stable Gas Prices

The unique algorithm developed by AXIA ensures that the gas price for transactions is predictable and low as they can be inversely proportional to any expansion or growth in usage of the AXIA Network.

Collective Security and Privacy

The innovative design of the AXIA CoreChain, SwapChain, AXChain and AllyChains allow pooling of security from one to the others. The higher level of security removes concerns of common security threats or attacks so that developers can simply focus on building their products and communities with complete peace of mind.

Easy to Upgrade, Trusted Governance

AXIA is governed with an inclusive, innovative and transparent governance model that permits on-chain voting. This allows AXIA Coin users to participate in the governance of the AXIA Network, including decisions related to potential upgrades and updates without the need for forking.

AllyChains have their own governance models, allowing for complete independence.

Proof-of-Participation (PoP) Consensus

AXIA uses Proof-of-Participation (PoP) as its blockchain consensus algorithm to enable a more inclusive network that allows for a greater level of participation in decentralization, network maintenance and security.

The hybrid design of combining a limited number of Validators with an essentially unlimited number of Nominators creates the most inclusive blockchain network to-date.

AXIA has simplified the means for people around the world to participate in blockchain technology by ensuring anyone with access to a mobile phone or other electronic device can become a Nominator in the network and begin generating unprecedented rewards.