The mission of AXIS is to bring the rest of the cryptocurrency world to DeFi by building the first interoperable superchain with native, margin enabled, customizable synthetic DeFi assets with built-in risk mitigation. Simply put, a dedicated DeFi protocol with complete Wall Street functionality. With a two-level staking schema to provide flexibility for various risk preferences, up to 16x for highest trade profit level and a customizable risk profile, AXIS is the future of open finance.In simple terms, DeFi is a decentralized financial infrastructure built on a blockchain network. DeFi’s main cryptocurrency staking has been dominated by Ethereum, which are controlled by a network of computers, rather than centralized financial institutions. DeFi is set to take over the financial services industry, primarily because of itsglobal accessibility; no one can be denied service. They operate an open and decentralized marketplace; there are no third parties to oversee and implement withdrawal fees, identify verification, or sign ups. Moreover, DeFi does not issue credit checks. Synthetic assets are currently being traded on DeFi platforms. Synthetic assets require no capital to buy the underlying asset therefore they are less risky and diversify a portfolio. There are four main categories of synthetic assets – fiat currencies, commodities, cryptocurrencies, and inverse cryptocurrencies. The current global crypto market is valued at $210 Billion, while the estimated global crypto derivative market is expected to rise up to $1.2 Trillion.
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