RON Surges as Axie Infinity Launches bAXS to Stabilize Tokenomics

Axie Infinity has launched a new token, bAXS, to combat inflation and bot farming by binding rewards to user accounts.

Ronin Network is improving security post-hack by increasing validator nodes and launching a $1 million bug bounty program.

GameFi projects such as Pixiland are transitioning from Web3 to Web2, citing regulatory uncertainty and resource constraints.

Axie Infinity's new token, bAXS, is designed to reduce the supply of AXS and stabilize the tokenomics of the game. By linking rewards to user accounts, the platform aims to discourage bot farming and encourage long-term participation. This transition is part of a broader effort to reduce reliance on SLP and improve the economic sustainability of the Axie Infinity ecosystem.

Ronin Network, the blockchain infrastructure supporting Axie Infinity, is taking steps to restore trust after a major hack. The network has increased its validator nodes from 9 to 11 and plans further increases. Additionally, a $1 million bug bounty program has been introduced to incentivize security researchers to identify and report vulnerabilities. The Ronin Bridge is expected to be redesigned and reopened by mid to late May 2026.

GameFi projects such as Pixiland are transitioning from Web3 to Web2, citing regulatory uncertainty and resource constraints.

The GameFi market has seen some shifts as projects adapt to evolving regulatory and market conditions. Pixiland, for instance, has decided to move away from Web3 features such as crypto payments and NFT minting. Instead, the project will convert existing tokens and NFTs into in-game currency and off-chain collectibles, respectively. This transition is driven by regulatory challenges and a need to optimize resource allocation.

How does bAXS impact Axie Infinity's tokenomics?

bAXS is intended to stabilize the supply of AXS by introducing a binding mechanism that ties rewards to user accounts. This is expected to reduce the inflationary pressure that previously contributed to sell pressure on AXS. Additionally, the token will be stakable and governable, encouraging user participation and reducing reliance on SLP as a primary reward mechanism. The success of bAXS depends on its adoption in staking and governance, which could lead to a more sustainable economic model for Axie Infinity.

What security improvements has Ronin Network implemented?

Following a $625 million hack in 2024, Ronin Network has taken several steps to enhance security. The network has increased its validator nodes from 9 to 11 and plans to increase this number further. Additionally, a $1 million bug bounty program has been launched to encourage security researchers to identify and report vulnerabilities. These measures aim to restore trust and ensure resilience against potential attacks. The Ronin Bridge is currently undergoing a redesign and is expected to be redesigned and reopened by mid to late May 2026.

What challenges are facing the GameFi market?

The GameFi market has faced several challenges, including regulatory uncertainty and market volatility. Projects like Pixiland have decided to shift from Web3 to Web2 to adapt to these conditions. This transition involves converting tokens and NFTs into in-game currency and off-chain collectibles, respectively. The decision was driven by the need to address regulatory concerns and optimize resource allocation. Overall, the market has seen a decline, with the total GameFi market capitalization falling to $9.35 billion. As the market continues to evolve, projects will need to balance innovation with regulatory compliance to remain competitive.