Everything You Need To Know About AXL

in #axl3 years ago (edited)

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A truly decentralized model will have various benefits that will be enjoyed as opposed to running a centralized system. What notable differences can be found between a centralized and a decentralized model of operation? A centralized exchange is a third party exchange that acts as a facilitator for transactions carried out between two parties on its platform. It actually improves convenience of trading because all activities are properly managed and controlled thus loss of funds during a transaction are minimal. Before a trade is initiated, the funds are held in an account before execution. A decentralized exchange on the other hand does not have a designated authority in charge. There is no single account that holds funds before market orders are executed. Rather, the platform itself acts as a mediator for matching orders directly on a peer-to-peer basis. Transactions are not kept in charge of a third party server and escrow costs and charges are eliminated.

The AXL Project Is Providing A Truly Decentralized System


The AXL ecosystem consists of two main tokens, $AXL, and the reward token, $AXLS. AXL is a decentralized system that is fast and easy to use, and it's backed by ETH. By using AXL, users will have access to unlimited AXL trading. The AXL ecosystem is characterized by its security, speed, and automation. The AXL team is composed of industry experts. Each has experience in platform development, global crypto markets, and the DEX market. Together, they have built a safe and secure DEX platform that will make the AXL Token more accessible to consumers. This platform is designed to make investment and consumption easier for both users and businesses in entertainment markets. In addition to this, AXL is aiming to cut down on unnecessary costs for the entertainment industry and to solve a number of issues within the industry.

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Trending Things About AXL


The Axl Token has made a lot of noise in the crypto world. It's a decentralized exchange that uses smart routing on the ETH Chain and Binance Smart Chain to help users exchange their coins. The network supports liquidity provision and IDO staking launches. The price of the token has dropped by -13.7% over the past 24 hours. The Axl token is traded on several exchanges including Binance, ETH Chain, and BSC.The Axl Token is an excellent digital asset to buy or sell. It has a large market cap and is widely accepted. The Axl Token is a digital asset with a scalable design. It has been designed to support a variety of crypto functions, including exchange and lending. The platform supports over 10,000 collectible characters, which can be traded on the NFT marketplace. It's a blockchain-based exchange for the future of cryptocurrency.

Why AXL Stands Out From The Crowd


It is compatible with the Ethereum and Binance Smart Chain, which means it supports multiple networks and supports trades on both. AXL is a great choice for users who want to invest in the decentralized exchange space, but it's not a perfect solution for everyone. As a result, AXL isn't a good option for those who have little or no experience with trading.The AXL token has a 100 billion supply. A portion of that amount will be available during the pre-sale. The pre-sale will offer an additional 25 billion AXL tokens. AXL is a good choice for beginners in the crypto-gaming world. There are many other ICOs, but AXL has the potential to be one of the best. When you're considering purchasing AXL, be sure to keep in mind that there's a lot of important information to consider.

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Some Trending Features Of AXL


Interoperability
Interoperability is the strong point of the AXL DEX. We will fully support multi chain smart contract protocol through poly network. Currently, we support the Ethereum chain and Binance smart chain. Users with crypto assets on these platforms can carry out their trades without needing to switch from one chain to the other hence reducing costs of operations drastically. An added advantage is that if the user feels a particular Blockchain is not efficient enough, cross chain support makes it easy for the individual to switch to a different Blockchain that may be faster or may have lower transaction fees. After the staking concludes and the minting of our NFT characters are done, development of the decentralized exchange will begin in earnest.
Secondary use cases: AXL tokens will be directly tradable on AXL DEX for other supported tokens while cross chain interoperability will allow AXL tokens to be exchanged for AXL tokens on another Blockchain speedily and with less costs.

Buybacks, Burning, and Burn Mechanisms: Burning AXL token would mean the destruction of an AXL token as a means of retaining valuation of the AXL token. Buyback and burn programs will help support growth and price stability of the token value and this will make it more attractive to investors. Buyback and burn methodology will also result in increased liquidity and reduced price volatility. This brings about a friendly trading ecosystem that will incentivize long term growth to the platform, token holders and help stabilize price of AXL token. DEX fees and interest accrued from the lend & borrow model will help us buyback AXL/AXLS tokens and burn them.

Tokenomics
AXL token will kick off with the pre-sale. During the presale, AXL will be sold for 0.00075/AXL. Details on token utilization will be highlighted below. Total supply of AXL tokens will be 100.000.000.000. The pre-sale price of AXL token will be maintained for the period of the IDO and the number of tokens available for the pre-sale will be equivalent to 25% of 100.000.000.000 tokens which would amount to 25.000.000.000 AXL tokens.
Further details are listed below:

  • Token Name: AXL INU
  • Token Ticker: AXL - Total token supply: 100.000.000.000
  • Total IDO supply: 25.000.000.000
  • Token pre-sale price: 0.00075/AXL

Website Link


Website: https://www.axltoken.com/
Twitter: https://twitter.com/axltoken
Reddit: https://www.reddit.com/r/AxlToken
Discord: https://discord.gg/axltoken
Telegram: https://t.me/AxlToken

Proof of Authentication

Bitcointalk Username: Outeriesself
BSC Wallet Address:0xabA6A87C8d910e6CCf09a4C7952a491dd10Ed8E8
Proof Of Authentication Link:
https://bitcointalk.org/index.php?topic=5373835.msg58938375#msg58938375

Hashtags: #axl #axlinu #dex #nft #idolaunchpad

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