CandleFocus

Axie Infinity Brings Back Manager-Scholar Program with New Delegation System

Axie Infinity has experienced a resurgence in popularity with the introduction of its Axie Delegation system. In the first week alone, over 2,400 managers assigned 38,900 axies, with approximately 1,200 academics receiving an average of 30 axies each. The delegation function not only provides borrowing convenience but also marks the return of a key aspect of the game's approach, which could attract both players and investors. Axie Infinity's financial situation is also improving, with an 11.34% increase in overall AXS staked and the burning of over 43 million SLP tokens. The native token, AXS, is currently trading at $5.01 with a market cap of $763.97 million.

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