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FAQ

What is Axis?​

Axis is a permissionless infrastructure layer that enables developers to build auction-driven applications. These dApps combine various auction and token derivative modules to power specific use cases in a user-friendly interface.

What is the Origin dApp?​

Origin is a suite of tools within Axis designed for next-generation token launches. It includes EMP Auctions and Fixed-Price Auctions, along with features like Callbacks, Allowlists, Direct-to-Liquidity, and Vesting.

How do EMP Auctions work?​

EMP Auctions are a sealed-bid system where tokens are allocated to the highest bidders, with the clearing price set by the last successful bid. Participants bid their true price privately and securely, ensuring fair price discovery.

What are Fixed-Price Auctions?​

Fixed-Price Auctions allow participants to purchase tokens at a predetermined price on a first-come, first-served basis. This mechanism is often used as the initial phase in a multi-stage token launch.

What are Curators, and how do I become one?​

Curators vet and showcase token launches on Origin. Curation is permissionless at the contract level but currently gated for the dApp alpha release. If you are a founder, developer, DAO contributor, security expert, influencer, or have relevant expertise, you can apply to become a curator here.

How do Curator fees work?​

Curators set their fee percentage on-chain up to 10%, which is visible to auction owners before applying. They are paid in the token being auctioned, aligning their interests auction owners.

What is the Axis Referral Program?​

The referral program allows users to earn a share of the auction's quote tokens by promoting and directing traffic to specific auctions. Referral fees are currently set at 1% for EMP Auctions and are managed by the protocol Fee Manager.

How can I participate in a token launch?​

To participate, go to axis.finance and click “Launch App.” Connect your wallet, select a live Auction, and place a bid or purchase tokens.

How do Fixed-Price Auctions differ from EMP Auctions?​

Fixed-Price Auctions sell tokens at a set price on a first-come, first-served basis, while EMP Auctions use a sealed-bid system to allocate tokens to the highest bidders at a uniform clearing price.

What happens if my bid does not win in an EMP Auction?​

If your bid does not win, you can claim a refund after the auction ends. If a Direct-to-Liquidity Callback is implemented, you can purchase the token from the liquidity pool at a price similar to the clearing price.

How do Callbacks, Allowlists, and Vesting work in auctions?​

  • Callbacks: Automated actions triggered under specific conditions.
  • Allowlists: Restrict auction access to a predefined group of participants.
  • Vesting: Sets a schedule for token release, aligning long-term incentives.

How can I get help or support?​

For help or support, join the Axis community on Discord.