- $AXE is a fork of $OHM and understands the market
AxeDAO is a decentralized reserve currency protocol based on the AXE token. Each AXE token is backed by a basket of assets (e.g. USDC, DAI) in the Axe treasury, giving it an intrinsic value that it cannot fall below. Axe also introduces unique economic and game-theoretic dynamics into the market through staking and bonding.
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