Axie Infinity, a popular blockchain-based game, has launched a groundbreaking initiative to boost player involvement in its decision-making processes. Introducing the Axie Governance Portal and the innovative Axie Score system allows players to use their $AXS tokens to vote on key game development proposals, directly influencing the game’s future.
Understanding the Axie Score
At the heart of this new governance model is the Axie Score, which quantifies a player’s contributions to the game community. Factors contributing to the Axie Score include in-game performance, engagement with the community, contributions to the game’s Treasury, and ownership of Axie NFTs. This multifaceted scoring system aims to recognize and empower active community members by enhancing their voting power in critical decision-making processes.
Voting Mechanisms and Initial Proposals
Players must stake their $AXS tokens to participate in voting, linking their Ronin Wallets to the platform. The governance model applies a quadratic voting system to balance influence, preventing domination by major token holders and ensuring a democratic voting environment. The first proposal under this new system, known as AIP-001, proposes an advanced mechanism for delegating Axie assets and is scheduled for a vote between May 20 and May 27.
Sky Mavis, the developer behind Axie Infinity, has emphasized the importance of community feedback in refining the Axie Score and the overall governance framework. The initial launch is seen as a foundational step towards a more inclusive and engaging governance structure. The development team, along with the inaugural committee of the Axie Infinity Town Builders, continues to work on enhancing the mechanisms based on community input.