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Why Axion Competition Docs

Why Axion Competition Docs



AXION


EASILY PROGRAMABLE, MODULAR L1 BLOCKCHAIN.




Learn More





BASE CONCEPT

Axion aims to create a developer-friendly environment that fosters innovation
and drives the growth of the blockchain ecosystem

Axion is a solution, that allows to execute multiple VM contracts to be executed
in paralell and in a more performant environment. Solana blockchain, a modern
layer-1 blockchain which is fast (2-3 second transaction finalization),
scalable, and carbon neutral. Axion use its performant VM to be used as main
driver for the chain. All native contracts of solana could be deployed as it is
on axion without any change but for languages of other VM, their needs a bit of
modification to adhere to AVM (Axion Virtual Machine) which in turn provides
execution in fast and safe environment.



SMART CONTRACT IN THE MOST POPULAR LANGUAGE.

We provide writing TypeScript contracts which is fastest growing language in
web2 ecosystem, so devs coming from web2 ecosystem can start developing
contracts in typescript.


THE MAIN ADVANTAGE OF THE AXION


 * PROBLEM
   
   HIGH FEES
   
   The Main Problem Of Ethereum is high gas fees with slow speed and reliance on
   centralised cloud services.


 * SOLUTION
   
   COMPATIBILITY
   
   Axion is a fully compatible Ethereum environment solution built on the Solana
   blockchain. The platform allows developers to deploy Ethereum dApps without
   undertaking any reconfiguration.


BUSINESS MODEL

Swap Fees On The Axion Platform Divided Into 4 Streams

01.

TRANSACTION FEES

Solana charges transaction fees for every operation performed on its blockchain.

02.

STAKING REWARDS

Solana earns revenue by charging fees or taking a percentage of the staking
rewards earned by validators.


03.

PARTNERSHIPS AND COLLABORATION

Partnerships and collaboration with developers may also contribute to Solana's
revenue, especially for tailored solutions and enterprise support.

04.

FEES

The platform may charge subscription fees, licensing fees, or usage fees for
access to advanced development tools, analytics, and other infrastructure
services.


AXION FEATURE

03.

DEVELOPER EMPOWERMENT

Axion prioritizes developer experience by allowing them to use their preferred
languages and providing a flexible environment for building decentralized
applications (dApps).



04.

SCALABILITY

Axion's modular architecture allows for efficient scaling to accommodate growth
and future needs.The potential for new dApps and use cases is expanded by
supporting multiple programming languages.



01.

MODULAR L1 BLOCKCHAIN

Axion is a self-contained blockchain, meaning it doesn't rely on other
blockchains to function. This allows for greater flexibility and scalability.



02.

BPF VM (BERKELEY PACKET FILTER VIRTUAL MACHINE)

This powerful virtual machine enables developers to write programs in familiar
languages like TypeScript and Solidity, expanding the pool of potential
developers and making it easier to build on Axion.



03.

DEVELOPER EMPOWERMENT

Axion prioritizes developer experience by allowing them to use their preferred
languages and providing a flexible environment for building decentralized
applications (dApps).



04.

SCALABILITY

Axion's modular architecture allows for efficient scaling to accommodate growth
and future needs.The potential for new dApps and use cases is expanded by
supporting multiple programming languages.



01.

MODULAR L1 BLOCKCHAIN

Axion is a self-contained blockchain, meaning it doesn't rely on other
blockchains to function. This allows for greater flexibility and scalability.



02.

BPF VM (BERKELEY PACKET FILTER VIRTUAL MACHINE)

This powerful virtual machine enables developers to write programs in familiar
languages like TypeScript and Solidity, expanding the pool of potential
developers and making it easier to build on Axion.


‹›

‹›



AXION TOKEN

 * REPRESENTING A VOTE IN THE AXION DAO FOR DECENTRALIZED COMMUNITY GOVERNANCE.

 * THE PAYMENT METHOD FOR USER TRANSACTIONS (TRANSFERS, DAPPS DEPLOYMENT,
   INTERACTION WITH DAPPS, ETC.) ON THE AXION PLATFORM, SIMILAR TO HOW ETH IS
   USED ON ETHEREUM

 * 1 AXION CAN BE DEVIDED IN TO 1 BILLION LAMPORTS LIKE SOLANA.

 * NO INFLATION OR DEFLATION RATES.

 * TRANSACTION FEES: 50% GO TO VALIDATORS AND 25% TO THE AXION DAO TREASURY, 25%
   IS BURNED

 * AXION IS AN SPL TOKEN ON SOLANA AND, AT THE SAME TIME, IS A NATIVE TOKEN ON
   THE AXION EVM (LIKE ETH ON ETHEREUM).

Testnet 1 Launch


TESTNET 1


WHITELIST

In honor of the launch of the testnet for Axion Network, we are launching a
competition on the testnet. Each participant in the competition will receive a
whitelist if they have completed the Zealy-competition and Gleam Sponsorship
Prizes. Participation in the testnet is completely free.

Participate

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