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What is Axion?

Axion is an emerging global monetary system, designed to increase the purchasing power of the ecosystem participants.

Full description of Axion

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 yearover-year. Axion changes this oligarchy dynamic by generating interest daily directly to the network participants through fixed inflation. Imagine if the interest from the Federal Reserve went directly into your savings account. This is what Axion offers through its Certificate of Deposit System.
  • Exchange symbol (?): AXN
  • Cryptocurrency type (?): Cryptocurrency (?)

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 Source: NOMICS