The AXIA Network

An inclusive blockchain protocol with unparalleled hyper-deflationary tokenomics.

Interoperability

AXIA is designed to offer complete interoperability between both the AXIA CoreChain and AllyChains. Interoperability is not limited to digital assets as it also includes cross-chain interoperability for data sets. Data can be shared across different types of blockchains, including private, permissioned and public chains.

AXIA takes interoperability to the next level and enables much higher levels of adoption by elevating what is possible in terms of use cases on the blockchain now and into the future, especially among enterprise domains.

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.

AXIAtel shape background AXIAtel shape background AXIAtel shape background

Mobile Staking

Validators

Validators stake AXIA Coin to help secure the AXIA Network by validating its transaction proofs. They gain rewards in AXIA Coin for each block published while also gaining the added benefit of the currency's 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 the AXIA Wallet mobile app.

Supported Features

The AXIA Wallet mobile app supports all financial operations related to AXIA Coin, as well as other popular cryptocurrencies. In addition, the app is also the portal through which users can participate in staking.

Transaction History

The AXIA Wallet app provides access to all transaction histories, activity logs, balances and various privacy and security features.

AXIA CoreChain

The network's native chain that imparts security and other features to AllyChains.

AllyChains

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

Bridges

Enable interoperability by connecting the AXIA Network with other blockchains.

Proof-of-Participation Roles

Validators

These network participants help secure the AXIA Network by validating its transaction proofs. Validators are rewarded in AXIA Coin for each block published on the chain.

Nominators

These network participants stake AXIA Coin and help secure the AXIA Network by selecting trustworthy Validators and increasing the blockchain's overall levels of decentralization.

Collators

These important participants help maintain the AllyChains by running full nodes on the CoreChain and the appropriate AllyChain. They collect and execute transactions and share the proof of state transition with Validators responsible for authoring the block on the AllyChains.

Hyper-Deflationary Tokenomics

An integral part of the design of AXIA is its unique hyper-deflationary monetary policy. AXIA Coin establishes a better store of value through these unique tokenomics. The Total Supply is constantly decreasing due to network participation, staking and activity, which creates scarcity of the network coin. Meanwhile, the connected AXIA Treasury can increase in concert and deliver ongoing and growing value in a sustainable manner.

Coin Burning

The reduction of Total Supply is automatically triggered through any form participation, activity and staking and a variety of activities across the AXIA 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 fashion. This will ensure that the AXIA Network is constantly providing value to AXIA Coin holders and ultimately provide them with a superior store of value as compared to alternatives.

In the interest of network users, a specific algorithm has also been designed to balance total coin supply and network fees in order to provide more certainty to users along with a more stable, secure and scalable network.

Stable Gas Prices, Forever

The unique algorithm developed by AXIA ensures that the gas price for the transactions is predictable and low forever as they are inversely proportional to any potential increase in value of AXIA Coin.

AXIA Architecture: AllyChains

AllyChains are blockchains with their own native token. If developers want to build their own blockchains that are related to a specific application, industry or develop a general purpose chain, AllyChains provide them with all the necessary tools. Plus, this can be done without having to worry about security concerns or the hassle of setting up a blockchain from scratch.

AllyChain features:

  • Native token deployment
  • Highly scalable due to parallel transactions architecture
  • Self-governance
  • Fast and stable
  • Custom features specific to applications or use cases
  • Interoperable with other AllyChains and the CoreChain

Collective Security and Privacy

The innovative design of the AXIA CoreChain and AllyChains allow pooling of security from one to the others. The higher level of security removes concerns of common security threats like 51% attacks so that developers can simply focus on building their products and communities.

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 holders to participate in the governance of the AXIA Network, including decisions related to potential upgrades, dispute resolution, and more. It also allows for easy upgrades of the blockchain without the need for forking.

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

PoP: Proof-of-Participation Consensus

AXIA uses PoP (Proof-of-Participation) 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 device can become a Nominator in the network and begin earning unprecedented rewards.