PANews|Oct 29, 2026 15:59
[Axis Robotics Denies Selling of AXIS Tokens from Team or Investors] Axis Robotics issued a statement regarding the AXIS sell-off that occurred on October 28-29. Axis Robotics emphasized that no tokens belonging to the team or investors were sold. The core team and investors' allocations (along with all other locked shares, representing 83.5% of the total supply) remain in a vesting contract co-managed with Binance. The tokens sold originated from the initial circulating supply portion of the published tokenomics model, specifically from the "ecosystem" allocation. Since many ecosystem participants are not native cryptocurrency users, their allocations were delivered through a single over-the-counter (OTC) counterparty; the written agreement between the two parties included lock-up clauses.
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