Episode 3 of the Lunacian Lounge was a marathon session, featuring Jihoz, Jase, Shade, Cruise, and Pos2. The team unveiled a massive 2026 teaser video and deep-dived into the radical evolution of the Axie economy, the first-ever look at PvP, and the “sunsetting” of Homeland in favor of the new Terrariums system.
1. 2026: The Year of Big Swings
Jihoz set the tone for the year, acknowledging that 2025 was “too quiet.” In 2026, Sky Mavis is shifting to an aggressive, risk-taking stance to restore the economy and excitement around the brand.
Information Sharing: The team is returning to a model of more frequent updates and transparency.
Economic Restoration: The focus is on aligning human nature with system incentives.
Market Momentum: AXS recently saw a huge “short squeeze” in Korea, signaling renewed interest in the token’s upcoming utility.
2. Bonded AXS (bAXS) and the Airdrop
The team revealed the specific Exchange Rate for bAXS → AXS, tied directly to a player’s Axie Score Designations.
The bAXS Philosophy:
bAXS is non-tradable but can be spent 1:1 for all Axie Core related activity such as breeding, evolving, Codex purchases, and more.
Conversion: Players can convert bAXS to liquid AXS, but the Exchange Rate depends on their Axie Score designation.
The Airdrop: A snapshot will be taken on February 5th at 00:01 UTC. Wallets with at least 10 AXS stakedwill receive a portion of a 100,000 bAXS pool, distributed based on staking amount and Axie Score.
3. Atia’s Legacy: First Look at PvP
In a historic moment for the community, Jase and Jihoz faced off in the first-ever live PvP in Atia’s Legacy.
Controls: Desktop play uses a “mouse-to-turn, keyboard-for-abilities” style reminiscent of classic MMOs like World of Warcraft.
Combat Depth: The demo featured various abilities per player while controlling only one axie, instead of a squad axie.
Playtest 2: Targeted for mid-March, featuring a “Hardcore Mode” where failure means losing equipment and potentially risking Axies (tested internally first).
4. Terrariums: Bringing Land Home
In a major pivot, Jihoz and Shade announced that Axie Homeland will be sunset and replaced by Terrariums.
“Homeland ended up being not what we wanted it to be... we’re going to rip off the band-aid and replace it with the new Terrarium system.” — Jihoz
What are Terrariums?
Terrariums will be this new experience that is basically the long term foundation of axie core. It will be a persistent land based gameplay layer where axie lives, grow, generate vallue, and more importantly it’s where future system like mini games, risk-to-earn, expeditions, territory, accessories, land items, Atia’s legacy… all plugged into this foundational Terrarium’s layer.” — Shade
Yield Mechanics: Owners place Axies on their plots. The Axie’s quality (level, evolution, collectibles) determines the yield of bAXS and EXP.
Land Items: Decorative items will now have functional utility, augmenting the rewards of the plot.
Sunset Plan: Homeland rewards will roll over to Terrariums. The team is targeting the first half of 2026 for the MVP launch.
5. Codex Season 1: Songs of the Soil
The next stage of the Codex will launch alongside Playtest 2 of Atia’s Legacy to create a unified lore arc.
Theme: “Songs of the Soil,” focusing on the history of Pot Golems.
Lore-Driven: Lore will no longer be a background element but a “main lever” for ecosystem engagement.
Bounty Board: Rewards will fully switch to bAXS once Season 1 begins.
Community Q&A Highlights
Q: Can we buy Axies on the marketplace using bAXS?
Shade: Not initially. Early on, you’ll spend bAXS on Core features (Breed/Evolve/Stake). However, we are working on a solution to allow bAXS to be used as “money” on the marketplace later this year so players can convert gameplay efforts directly into collectibles.
Q: Will there be a gap between Homeland shutting down and Terrariums launching?
Shade: We are still figuring out the nitty-gritty. It’s possible there will be a small gap, but the rewards are guaranteed to transition. We are targeting the first half of this year for the Terrarium launch.
Q: What about scholars and guilds?
Jihoz: The “scholarship” system needs to evolve. Scholars will need to “graduate” into collectors to get the best bAXS exchange rates. We have to evolve or die, and that means moving toward a system that rewards long-term contribution over industrial farming.
Final Thoughts
The episode concluded with a look at the final frame of the teaser—a foreshadowing of the dark lore narrative to come. Jihoz praised the “bravery” of the community in facing these big changes and promised that more Atia’s Legacy Devlogs are on the way.
Next Step: Join the discussion in Discord! We’ll be releasing a full bAXS and Terrarium FAQ shortly to answer the technical questions raised during today’s session.