Axelar Foundation
@AxelarFDN
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Supporting @axelar, the Web3 interoperability platform that is open, secure and scalable so developers can build once, run everywhere.
Decentralized
Joined May 2021
RT @elys_network: Gaining access to an entire ecosystem at once is one of the toughest missions. @Axelar helps teams scale beyond their ow….
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RT @axelar: “Cosmos was designed to be the Internet of Blockchains, and Axelar is extending that vision across every ecosystem in Web3 . "….
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RT @axelar: The Axelar community welcomes @Arrington_Cap and @ElectricCapital, plus 5 more funds in a $30M investment into Axelar Network.….
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Axelar Foundation is pleased to support @superstatefunds + the SIC. Secure interoperability is key to the adoption of tokenization in financial services and capital markets.
1/ 📢 Today, we're thrilled to welcome 15 members to the Superstate Industry Council (SIC), a group of leading institutions dedicated to shaping our product roadmap & driving the adoption of tokenization in traditional financial markets.
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RT @axelarnetwork: @AxelarFDN is looking to join 0x83271E76df1eF8f77487A88fc6aE1478280396bD and 0x3e277051019fDBF6A759ff847D197FE657Ca74fe….
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Tempcheck + request for comments on a Foundation proposal to further reduce inflation per external chain:
community.axelar.network
To continue incentivizing validators and potentially support more chains before the Amplifier services are live, we propose reducing network inflation to 0.2% AXL per external chain. These parameters...
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Update: the proposal passed. Inflationary rewards for EVM chain connections are now 0.3% per chain.
Now live: the on-chain governance proposal to decrease Axelar network inflation per EVM chain to 0.3% (the final leg) ⤵️. More on how & why this helps Ethereum & Axelar scale:. Voting closes in ~3d, at ~5:30pm UTC, Dec 8.
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Now live: the on-chain governance proposal to decrease Axelar network inflation per EVM chain to 0.3% (the final leg) ⤵️. More on how & why this helps Ethereum & Axelar scale:. Voting closes in ~3d, at ~5:30pm UTC, Dec 8.
community.axelar.network
Preparing Axelar network’s technical infrastructure for an explosion in new-chain connections: short-term [reducing inflation], medium-term [external validation via AVM], and long-term [light clients...
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Update: Four new Axelar network governance proposals have passed. Axelar now has: .👉 Reduced inflation for EVM connections (supporting L2 scaling). 👉 New parameters for governance proposals. 👉 Improved connection to @0xMantle. 🦾.
The following four on-chain governance proposals are open on Axelar network. Voting closes in ~12h, after 12am UTC, Nov 4. Update inflation rate for maintaining EVM chains Update Mantle EVM chain confirmation height 🧵👇.
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Update minimum deposit for governance proposals Increase voting period for governance proposals ###.
mintscan.io
[Cosmos Explorer for 63+ Blockchains]
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The following four on-chain governance proposals are open on Axelar network. Voting closes in ~12h, after 12am UTC, Nov 4. Update inflation rate for maintaining EVM chains Update Mantle EVM chain confirmation height 🧵👇.
mintscan.io
[Cosmos Explorer for 63+ Blockchains]
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As Web3 scales to thousands of chains, how to preserve interoperability? Axelar Foundation proposes new AXL tokenomics to enable decentralized security + permissionless programmability across a coming L2 expansion. Please read + comment ⤵️.
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Following a governance vote, Axelar’s active validator set has increased to 75.
axelarscan.io
Axelarscan lets you explore and search for metrics and activities taking place on Axelar Network, including transactions, addresses, validators, etc.
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Axelar Foundation is currently undergoing internal token management. As a result, you can expect to see unbonding of some AXL delegations and subsequent redelegation over the coming weeks.
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The proposal to expand the validator set and update inflation has passed. You can view the details here👇.
mintscan.io
[Cosmos Explorer for 63+ Blockchains]
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🗣️ Axelar community!. A governance vote to expand the validator set and update inflation is currently in progress. Read the full proposal and comment 👇. Track voting & vote (Users can overwrite validator proposals, if needed.) 👇.
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The Axelar Foundation Genesis Delegation Program:
medium.com
The Axelar Foundation delegates mainnet stake to certain validator teams. Here we describe one program under which the Foundation will…
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Read the full details in the token economics post from Axelar Foundation: 6/6.
medium.com
The Token Economics for the Axelar Network have been updated. For current information, please visit this page.
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The stacked area chart here shows projected $AXL total supply over time. It also assumes all tokens are staked and earning 15% APY, with token holders running their own validators. 5/6
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