The developer of blockchain game Axie Infinity, Sky Mavis, has announced an airdrop of a new token called bonded AXS (bAXS). The airdrop will distribute 100,000 bAXS tokens to wallets that staked at least 10 AXS based on a February 5 snapshot. The new token is backed 1:1 by the existing AXS token and is designed to incentivize spending within the game’s economy for activities like evolving creatures.
Sky Mavis, the developer behind Axie Infinity, will airdrop a new in-game token called bonded AXS (bAXS). The airdrop is based on a snapshot taken on February 5 and will distribute 100,000 bAXS tokens to eligible wallets.
Eligibility requires staking at least 10 AXS, worth approximately $16.90, with final allocations influenced by a player’s Axie Score and total staked amount. The new bAXS token is backed 1:1 by the existing AXS token and will function identically for core gameplay. It is specifically intended to encourage spending within the Axie economy for activities like evolving creature body parts.
Sky Mavis co-founder Jeffrey Zirlin explained the token’s utility, stating, “A majority of current AXS spending is via Axie core, the system that requires axie upgrades in power to come at the cost of additional AXS spend.” He added that upcoming features like part evolution and the new land game Terrariums are expected to increase demand for these upgrades.
A second bAXS airdrop is planned alongside the launch of Terrariums, a land-based game described as the foundation of Axie Core. The Terrariums launch is expected in the second quarter of 2026, following the initial token launch.
The AXS token’s price has been volatile, rising 57% over the last month to trade around $1.55. This recent activity follows a surge to nearly $2.92 in late January, though the token remains down 99% from its 2021 all-time high of $164.90. The game, built on the Ronin network, will also expand with a new MMO titled Axie Infinity: Atia’s Legacy.
