| General information | |
|---|---|
| Global rank: | 4980 |
| Name: |
Axion |
| Symbol: | AXN |
| Current coin price (SAR): | 0.000007 ﷼ |
| Last hour: | arrow_upward0.000000 % |
| Last 24 hours: | arrow_downward-14.45 % |
| Last 7 days: | -19.44 %trending_down |
| Capitalisation (SAR): | 0.000000 ﷼ |
| Volume 24h (SAR): | 15 979.32 ﷼ |
| Available supply: | 0.000000 AXN |
| Total coin supply: | -1 AXN |
| Start date: | 2020-12-17 |
Axion/Saudi Riyal (AXN/SAR) price chart
Axion/Saudi Riyal (AXN/SAR) capitalisation and volume charts
Axion is an emerging global monetary system, designed to increase the purchasing power of the ecosystem participants. This is unlike traditional monetary policy where mass-inflation is used to primarily fund corporate bailouts.
When new currency is added to the ecosystem, and a negligible amount of it goes to the people, the purchasing power of the population diminishes significantly year-over-year. Axion changes this oligarchy dynamic by generating interest daily directly to the network participants through fixed inflation.