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Axion (AXN) is a decentralized finance (DeFi) application and network that aims to revolutionize traditional finance by providing high yields, cryptocurrency certificates of deposit (CDs), and blockchain-powered venture funds. The platform operates on mathematical principles, blockchain technology, and smart contracts on the Ethereum network. Axion seeks to overcome the challenges faced by traditional finance, such as low-interest rates, returns, and centralized governance, by establishing an ethical ecosystem for digital asset portfolio growth and a scalable passive income solution for all users.

Launched in November 2020, AXN is the native token of the Axion platform and operates on the ERC20 token standard on the Ethereum network. The AXN token is designed to enhance its ecosystem and participants' purchasing power, and the platform uses various methods for minting AXN tokens. The staking method allows users to stake their tokens for a maximum of 5,555 days, while the Axion auction contract operates with daily and weekly auctions, with additional rewards attributed to daily auctions from early and late stake penalties. The auction manager fills the big paydays and auction pools with tokens for over five years, and the SubBalances contract is used by the staking contract to hold stake session information, which is used to calculate the big payday rewards.

Axion aims to offer a blockchain-powered venture fund alongside high-interest time-locked stakes that allow users to earn high yields and additional funds. The platform seeks to establish an ethical ecosystem for digital asset portfolio growth and a scalable passive income solution for all users. Axion also aims to offer cryptocurrency certificates of deposit (CDs) and crypto smart contracts to address the challenges faced by traditional finance, such as antiquated banking practices and low-interest rates and returns.

Joel Gerlach serves as the core contributor to the Axion network and has been associated with Axion since May 2021. Axion successfully migrated from Ethereum to the Polygon network on October 19, 2021. With a total supply of 335 billion tokens, Axion has a strong focus on community-driven development and aims to revolutionize the traditional finance industry. The platform provides high yields, crypto CDs, and smart contracts to enhance its ecosystem and participants' purchasing power. With its innovative approach and strong community support, Axion aims to make significant contributions to the DeFi space and establish itself as a leading player in the market.

In summary, Axion (AXN) is a community-driven cryptocurrency that seeks to revolutionize traditional finance by providing high yields, cryptocurrency certificates of deposit (CDs), and blockchain-powered venture funds. The platform operates on mathematical principles, blockchain technology, and smart contracts on the Ethereum network. Axion has a strong focus on community-driven development and aims to establish an ethical ecosystem for digital asset portfolio growth and a scalable passive income solution for all users. With its innovative approach and strong community support, Axion is poised to make significant contributions to the DeFi space and establish itself as a leading player in the market.