Axie Infinity Says It Will Support Ethereum Proof Of Stake

Twitter icon  •  Published 1年前  •  Hassan Maishera

The Axie Infinity team announced via Twitter on Tuesday that Axie Infinity and Ronin Bridge will support Ethereum Proof of Stake (ETHPoS) after the Ethereum Merge.

The Axie Infinity team announced via Twitter on Tuesday that Axie Infinity and Ronin Bridge will support Ethereum Proof of Stake (ETHPoS) after the Ethereum Merge. To ensure the integrity of the Ronin bridge, Axie Infinity will pause it 24 hours before the Merge and open it once we have validated support for the Merge. 

Furthermore, Ethereum Proof of Work (ETHPoW) will not be supported. As such, users are urged to withdraw their Ronin WETH to Ethereum before the Ronin bridge is paused if they want exposure to ETHPoW.

Axie Infinity is a Pokémon-inspired digital pet universe built on the Ethereum blockchain, where anyone can earn token rewards through skilled gameplay and contributions to the ecosystem.

AXS, the native token of the Axie Infinity ecosystem, is up by 8% today and currently trades at $13.07.

Author

Hassan Maishera

Hassan is a Nigeria-based financial content creator that has invested in many different blockchain projects, including Bitcoin, Ether, Stellar Lumens, Cardano, VeChain and Solana. He currently works as a financial markets and cryptocurrency writer and has contributed to a large number of the leading FX, stock and cryptocurrency blogs in the world.