AXLE Coin
AXLE is an open source crypto-currency focused on fast private transactions with low transaction fees & environmental footprint. It utilizes a custom Proof of Stake protocol for securing its network and uses an innovative variable seesaw reward mechanism that dynamically balances 90% of its block reward size between masternodes and staking nodes and 10% dedicated for budget proposals. The goal of AXLE is to achieve a decentralized sustainable crypto-currency with near instant full-time private transactions, fair governance and community intelligence.
- Anonymized transactions using the Zerocoin Protocol.
- Fast transactions featuring guaranteed zero confirmation transactions, we call it SwiftX.
- Decentralized blockchain voting utilizing Masternode technology to form a DAO. The blockchain will distribute monthly treasury funds based on successful proposals submitted by the community and voted on by the DAO.
AXLE Coin is dedicated to Titanium Axle, a brave knight of 60 level, a founder, and a leader of Syrtis War Stalkers clan.
Syrtis War Stalkers clan
Syrtis War Stalkers clan's logo
Titanium Axle in Ignis desert
AXLE wallet's screenshot
More information at syrtiswarstalkers.blogspot.com, an official site of Syrtis War Stalkers (SWS) clan @ Syrtis realm @ Haven world @ Champions of Regnum MMO game.
Coin Specs
| Algo | Quark |
| Block Time | 60 Seconds |
| Difficulty Retargeting | Every Block |
| Max Coin Supply (PoW Phase) | 43,199,500 AXLE |
| Max Coin Supply (PoS Phase) | Infinite |
| Premine | 60,000 AXLE* |
*60,000 AXLE premine will be burned in block #279917.
Reward Distribution
| Genesis Block | |||
|---|---|---|---|
| Block Height | Reward Amount | Notes | |
| 1 | 60,000 AXLE | Initial Pre-mine, burnt in block #279917 | |
PoW Rewards Breakdown
| Block Height | Masternodes | Miner | Budget |
|---|---|---|---|
| 2-43200 | 20% (50 AXLE) | 80% (200 AXLE) | N/A |
| 43201-151200 | 20% (50 AXLE) | 70% (200 AXLE) | 10% (25 AXLE) |
| 151201-259200 | 45% (22.5 AXLE) | 45% (22.5 AXLE) | 10% (5 AXLE) |
PoS Rewards Breakdown
| Phase | Block Height | Reward | Masternodes & Stakers | Budget |
|---|---|---|---|---|
| Phase 1 | 259201-302399 | 50 AXLE | 90% (45 AXLE) | 10% (5 AXLE) |
| Phase 2 | 302400-345599 | 45 AXLE | 90% (40.5 AXLE) | 10% (4.5 AXLE) |
| Phase 3 | 345600-388799 | 40 AXLE | 90% (36 AXLE) | 10% (4 AXLE) |
| Phase 4 | 388800-431999 | 35 AXLE | 90% (31.5 AXLE) | 10% (3.5 AXLE) |
| Phase 5 | 432000-475199 | 30 AXLE | 90% (27 AXLE) | 10% (3 AXLE) |
| Phase 6 | 475200-518399 | 25 AXLE | 90% (22.5 AXLE) | 10% (2.5 AXLE) |
| Phase 7 | 518400-561599 | 20 AXLE | 90% (18 AXLE) | 10% (2 AXLE) |
| Phase 8 | 561600-604799 | 15 AXLE | 90% (13.5 AXLE) | 10% (1.5 AXLE) |
| Phase 9 | 604800-647999 | 10 AXLE | 90% (9 AXLE) | 10% (1 AXLE) |
| Phase X | 648000-Infinite | 5 AXLE | 90% (4.5 AXLE) | 10% (0.5 AXLE) |