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	<title>axelar network careers Archives - Coin Engineer</title>
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		<title>What is Axelar (AXL) ?</title>
		<link>https://coinengineer.net/blog/what-is-axelar-axl/</link>
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		<dc:creator><![CDATA[Yunus Taşlı]]></dc:creator>
		<pubDate>Wed, 27 Sep 2023 11:24:53 +0000</pubDate>
				<category><![CDATA[Altcoin Projects]]></category>
		<category><![CDATA[Project review]]></category>
		<category><![CDATA[axelar]]></category>
		<category><![CDATA[axelar network]]></category>
		<category><![CDATA[axelar network careers]]></category>
		<category><![CDATA[axelar network funding]]></category>
		<category><![CDATA[axelar network token]]></category>
		<category><![CDATA[AXL]]></category>
		<category><![CDATA[binance labs]]></category>
		<category><![CDATA[Coinbase Ventures]]></category>
		<category><![CDATA[dragonly capital]]></category>
		<category><![CDATA[pancakeswap]]></category>
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		<guid isPermaLink="false">https://coinengineer.io/blog/?p=4159</guid>

					<description><![CDATA[<p>In this article, we will be taking a closer look at the Axelar (AXL) project in a detailed manner. The local cryptocurrency of the Axelar project, the AXL Coin, also operates as a token that can be transacted on the Axelar network and used for transferring operations. What is Axelar (AXL)? AXL is the native</p>
<p>The post <a href="https://coinengineer.net/blog/what-is-axelar-axl/">What is Axelar (AXL) ?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
]]></description>
										<content:encoded><![CDATA[<p>In this article, we will be taking a closer look at the <strong>Axelar</strong> (<strong>AXL</strong>) project in a detailed manner. The local cryptocurrency of the <strong>Axelar</strong> project, the <strong>AXL Coin</strong>, also operates as a token that can be transacted on the Axelar network and used for transferring operations.</p>
<h3><strong>What is Axelar (AXL)?</strong></h3>
<p>AXL is the native currency of the <strong>Axelar</strong> blockchain economy.Additionally the project provides a decentralized network and tools that help developers of decentralized applications to establish seamless inter-chain communication through protocol bundles, tools, and APIs.</p>
<p>Axelar consists of three core components &#8211; a decentralized network, also a software development kit for protocols and APIs, and a series of gateway smart contracts for inter-chain connectivity.</p>
<h3><strong>What are the fundamental features of Axelar?</strong></h3>
<p><strong>NFT Marketplace:</strong></p>
<p>Individuals can gain access to our AXL NFT platform. Also this provides an opportunity to create digital art and allows art lovers to create their NFTs from our platform.</p>
<p><strong>Rewards:</strong></p>
<p><span style="color: #555555;">AXL owners can stake their tokens in Staking Pools to receive rewards and transaction fees from others. Additionally s</span><span style="color: #555555;">taking indirectly serves to support the system</span></p>
<p><strong>Decentralized Exchange</strong></p>
<div class="MuiBox-root css-131sfyn">
<div class="css-tmh7mn">
<div class="MuiBox-root css-0">There is a DEX aggregator that offers the best prices in DEX transactions.</div>
<p><strong>Borrow &amp; Loan</strong></p>
<p>AXL will establish a decentralized money market platform to connect lenders and borrowers in an efficient and secure manner using the speed, automation, and also security of Blockchain, also it will reward.</p>
<p><strong>IDO Launch Platform</strong></p>
<p>AXL Pad will offer crypto projects the ability to initiate and also distribute tokens through an IDO.</p>
<p><strong>Buyback and Burn</strong></p>
<p>A portion of the transaction fees, along with IDO fees will be used for $AXL and $AXLs buybacks and burning.</p>
<hr />
<blockquote><p>You might like: <a href="https://coinengineer.net/blog/us-department-of-justice-carried-out-100-million-dollar-operation/"><strong>US Department of Justice Carried Out $100 Million Operation</strong></a></p></blockquote>
<hr />
<h3><strong>AXL</strong><b> Ecosystem </b></h3>
<p>There are many tokens such as DeFi, Wallet, and NFT tokens in the Axelar ecosystem.</p>
<p><img fetchpriority="high" decoding="async" class=" wp-image-4197 aligncenter" src="https://coinengineer.net/blog/wp-content/uploads/2023/09/What-is-Axelar-AXL-300x183.png" alt="What is Axelar (AXL) " width="791" height="482" srcset="https://coinengineer.net/blog/wp-content/uploads/2023/09/What-is-Axelar-AXL-300x183.png 300w, https://coinengineer.net/blog/wp-content/uploads/2023/09/What-is-Axelar-AXL-768x469.png 768w, https://coinengineer.net/blog/wp-content/uploads/2023/09/What-is-Axelar-AXL.png 1024w" sizes="(max-width: 791px) 100vw, 791px" /></p>
<p>&nbsp;</p>
<h3><strong>AXL Roadmap</strong><strong>?</strong></h3>
<p>As seen in the table below, Phases 1 and 2 are completed.</p>
<p><strong>Phase 1</strong></p>
<ul>
<li>Poly Network Bridge for BSC/ETH</li>
<li>AXL INU Pre-Sale</li>
<li>DEX Listing</li>
<li>CEX Listing</li>
<li>Certik Contracts Audit</li>
<li>Fairy Proof Audit</li>
<li>Development: Flexible Staking on Both Chains</li>
</ul>
<p><strong>Phase 2</strong></p>
<ul>
<li>Cex Listing</li>
<li>Soft Marketing</li>
<li>Dev: Both Chain Fixed Staking</li>
<li>Dev: Yield Farming both chain</li>
<li>Dev: LaunchPad</li>
</ul>
<p><strong>Phase 3</strong></p>
<ul>
<li>Mass Marketing Campaign</li>
<li>Finalizing our new Axl NFT collection</li>
<li>Launching 2 Exclusive Celebrities NFT collections</li>
<li>Dev: Launching INO Pad</li>
<li>Dev: Initiating Metaverse Art Production &amp; Development</li>
<li>Dev: Development of NFT marketplace</li>
<li>Dev: Launching NFT Staking Pools</li>
<li>Dev: Brand Awareness Marketing</li>
<li>Dev: More Exchanges Listing Partnerships</li>
</ul>
<p><strong>Phase 4</strong></p>
<ul>
<li>Development of 3-D AXL INU Characters</li>
<li>Advanced Development of AXL metaverse (e.g., Voice/Video Chat)</li>
<li>NFT Listing Enabled on Marketplace</li>
<li>NFT Design Contest</li>
</ul>
<p><strong>Phase 5</strong></p>
<ul>
<li>Launching 3-D Builder</li>
<li>Launching Play-to-Earn (P2E) inside the Metaverse</li>
<li>Launching Land Rental Marketplace</li>
<li>Aggressive Marketing and Brand Awareness</li>
<li>Collaborating with Partners for Advertising</li>
</ul>
<h3><strong>Tokenomics</strong></h3>
<ul>
<li>17% supply for the core team.</li>
<li>12% supply for company operations.</li>
<li>29.54% supply for AXL supporters.</li>
<li>5% supply for community sale.</li>
<li>35.96% supply for community programs.</li>
</ul>
<p><img decoding="async" class=" wp-image-4200 aligncenter" src="https://coinengineer.net/blog/wp-content/uploads/2023/09/What-is-Axelar-AXL-1-300x186.png" alt="What is Axelar (AXL) " width="838" height="519" srcset="https://coinengineer.net/blog/wp-content/uploads/2023/09/What-is-Axelar-AXL-1-300x186.png 300w, https://coinengineer.net/blog/wp-content/uploads/2023/09/What-is-Axelar-AXL-1.png 768w" sizes="(max-width: 838px) 100vw, 838px" /></p>
<h3><strong><span class="s1">Team </span></strong><strong>And Supporters</strong></h3>
<p>Axelar has an experienced team with members who have worked at top-tier institutions also like MIT, Google, and Consensys. Among the founders of the team are Georgios Vlachos and Sergey Gorbunov, former Algorand founders.</p>
<p>AXL has raised a total of $60 million in funding for the project.Companies such as <strong>Binance Labs</strong>, <strong>Coinbase Ventures</strong>, and <strong>DragonFly Capital</strong> back the project.</p>
<p><img decoding="async" class=" wp-image-4201 aligncenter" src="https://coinengineer.net/blog/wp-content/uploads/2023/09/axelar-investors-300x50.png" alt="What is Axelar (AXL) " width="894" height="149" srcset="https://coinengineer.net/blog/wp-content/uploads/2023/09/axelar-investors-300x50.png 300w, https://coinengineer.net/blog/wp-content/uploads/2023/09/axelar-investors-1024x172.png 1024w, https://coinengineer.net/blog/wp-content/uploads/2023/09/axelar-investors-768x129.png 768w, https://coinengineer.net/blog/wp-content/uploads/2023/09/axelar-investors.png 1377w" sizes="(max-width: 894px) 100vw, 894px" /></p>
<h3><strong>Market Data</strong></h3>
<p>With a Current Market Capitalization of $137,182,905 additionally a Current AXL Token Price of $0.3352, it&#8217;s important to note that the circulating supply of AXL Tokens, out of a total supply of 1,098,844,688, stands at 410,764,765, also accounting for approximately 37% of the total supply.</p>
<h3><strong>Where can you purchase the <span class="s1">AXL </span></strong><strong>Token?</strong></h3>
<div data-alignment="default">
<p>The <strong><span class="s1">AXL Token</span></strong> is currently listed on many major cryptocurrency exchanges. Also these exchanges include Gate.io, KuCoin, Kraken, and Bybit. You can purchase AXL tokens from these exchanges.</p>
<hr />
<p><em>You can freely share your thoughts and comments about the topic in the comment section. Additionally, don’t forget to follow us on our <a href="https://t.me/coinengineernews" target="_blank" rel="noreferrer noopener"><strong>Telegram</strong>  ,</a><a href="https://www.youtube.com/@CoinEngineer" target="_blank" rel="noreferrer noopener"><strong>YouTube</strong></a> and <a href="https://twitter.com/coinengineers"><strong>Twitter</strong></a> channels for the latest news and updates.</em></p>
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<p>The post <a href="https://coinengineer.net/blog/what-is-axelar-axl/">What is Axelar (AXL) ?</a> appeared first on <a href="https://coinengineer.net/blog">Coin Engineer</a>.</p>
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