Axion’s Launch is Going to Make Crypto-Believers out of Mainstream Investors
This month, a new cryptocurrency project called the Axion Network will achieve a major milestone – it will see its mainnet launch and go public. The reason that’s so significant is that Axion represents a new breed of cryptocurrency. It’s not a utility token or an attempt at replacing fiat currencies. It’s an investment vehicle that’s aimed at one of the biggest untapped markets left in the crypto-world: mainstream income investors.
Not Just a Cryptocurrency
It aims to lure both crypto-investing veterans and traditional investors with a stable and reliable return rate that’s unheard of in all but the riskiest markets. It’s because Axion isn’t just a cryptocurrency. It’s a time-locked investment system that’s purpose-built to generate a stable inflationary curve and to fight volatility to protect investors’ principal and deliver a high ROI.
If you follow the cryptocurrency market, then you should know that its volatility is one of the major factors preventing most tokens from achieving any sort of mainstream acceptance. As it stands now, the only people who dare to delve into crypto-investing are either unafraid of losses (the very wealthy and the very brave) or the true believers who invest because they’re committed to what cryptocurrency represents. For mainstream investors though, the thought of getting wiped out in a sudden sell-off is enough to keep them away.
But now, Axion offers those investors an attractive new option. Think of it as the crypto-equivalent of a bank-issued certificate of deposit (CD). In exchange for a time-locked investment, owners of the Axion cryptocurrency receive a base return rate of 8%. With bank CDs hovering at an average 1% or lower return rate – that’s unheard of. And it’s just the beginning. Axion’s built to generate income well above that base rate.
Mechanisms Built Specifically to Curb Volatility
The high returns are a result of Axion’s innovative new approach to crypto wealth generation. It contains mechanisms built specifically to curb volatility while creating self-driven upward inflationary pressure on the price of Axion tokens. It achieves those ends by employing a high early and late unstake fee structure – much like a traditional CD’s early withdrawal penalty – to discourage unexpected token sales, and a clever daily auction system that turns the penalties collected into more value for everyone else.
It’s an approach that takes advantage of some of the cryptocurrency market’s major features. One is crypto’s unique ability to use smart contracts to automate and control market-making functions. That’s what allows Axion to auction off token penalties, and then use 80% of the daily proceeds to execute a token buyback from major exchanges on a schedule fine-tuned to produce price gains without introducing instability. And, the auction system produces all of the funding required to operate, maintain, and further develop the…