Axl Inu - build a fully decentralized exchange

in #defi3 years ago

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Hi everybody! How are you doing today? I am introducing an awesome project. Lots of people are joining this endeavor day by day. They are getting so many benefits by investing in this project. If you want to get benefits you must have to participate in this platform. So just join the project and have a bright future.


About the AXL project

AXL is a decentralized exchange that supports both Ethereum and Binance smart chains. Users with digital assets on either platform can trade without switching platforms. This reduces the operating costs. Users can also switch between blockchains.

The national currency of the AXL project is AXL. Lending and borrowing is supported, as is the provision of liquidity and increased productivity. Although it’s the platform’s native currency, $ Axls is also used as a reward token. For the sake of simplicity, cross-chain interoperability is allowed.


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Swap NFT for AXL


The AXL platform also allows users to use the in-house NFT platform to mint their own NFTs or purchase their favorite NFTs. The AXL Inu ecosystem offers up to 10,000 collectable characters, 20 ELONs and 80 ZOMBIES.

AXL will supply market makers with AXL tokens as liquidity. Market makers typically benefit from trading fees. Smart contracts can be used to lock assets in a liquidity pool for a predetermined period of time. Percentage of profits, transaction fees, or interest from lenders or governance tokens that can be shared.

Token holders can put their AXL on staking pools and earn rewards and trading fees. After the pre-sale, four staking pools will be accessible, evenly divided between the Ethereum and Binance smart chains.

A DEX aggregator helps you get the best prices for your trades. To get the best prices, traders’ trades are spread across multiple DEXs and pools of liquidity.

Because the system is decentralized, consumers benefit from speed, automation and security. In addition, various crypto projects will generate IDOs and distribute tokens via the AXL launchpad. Projects require AXL tokens, the natural currency of the ecosystem.

Ecosystem Axl Inu

AXL INU is being built as a Decentralized Exchange (DEX) on Ethereum Chain (ETH) and Binance Smart Chain (BSC) that will enable liquidity provision, profit farming, staking, IDO launch , NFT, lending and lending. Starting with the main ecosystem token, $ AXL and ending with $ AXL as a bonus…

The AXL initiative started with its own NFT, a unique digital art form that will be sold on NFT platforms. The term “non-fungible token” refers to a single unit of data maintained on a blockchain. They can be connected to goods that can be produced digitally, such as images, audio, video or other digital files, and provide public proof of ownership through identification. unique on the blockchain. AXL Inu will create 10,000 unique collectibles based on AXL INU. Each work of art will be unique and may be collected on the NFT platform it is listed on. Individuals can accumulate as many NFT artworks as they like. Each piece can also be kept and resold at a later date to increase its value.

In addition, the AXL project will provide a decentralized exchange through which transactions can be performed directly, eliminating the requirement for a central authority or third party to hold crypto assets. death. The AXL DEX will use smart chain routing, which will support both Ethereum and Binance Smart Chains.

With these considerations in mind, users can easily transfer their cryptocurrencies between different chains quickly and at an even cheaper price.

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Problem

Cryptocurrency is actively developing. New projects are appearing almost every day. Some of them use their own blockchains, others are located on already existing popular blockchains.

However, if the project is located on a popular blockchain, it is in most cases limited only to its native blockchain, since there…

This means that dApps cannot share information among themselves, and third-party exchanges or trading platforms are used to transfer tokens between blockchains.

The lack of direct interaction and interconnection significantly reduces the decentralization of cryptocurrencies, because to interact with each other, they are often forced to use centralized intermediaries — exchanges or trading platforms.

At the same time, despite the huge number of blockchains currently existing, most cryptocurrencies are located on the Ethereum blockchain.

Despite its obvious disadvantages in the form of high commissions and long-term confirmation of payments, Ethereum is the most popular blockchain with the most developed ecosystem and the number of applications located on it.

The attractiveness of the Ethereum blockchain is so high that many developers are ready to put up with its shortcomings. However, the most significant drawback is that high commissions are most strongly felt not by developers, but by ordinary dApps users.

After all, they are the ones who have to pay transaction fees. The more attractive the Ethereum blockchain becomes, the more dApps are located on it, the higher the number of transactions within the blockchain is done, and therefore the commissions will grow.

Axl Decision

Axl solves this problem of interaction of blockchains by combining the two of most developing and most popular blockchains within a single platform and an ecosystem of products that will be located on it — Ethereum and Binance Smart Chain.

We do not want to abandon the Ethereum blockchain, as it has the most applications, is popular, time-tested, and has a developed ecosystem and community.

All these advantages cannot be underestimated. At the same time, the problem of high Ethereum commissions as the Ethereum ecosystem grows and the number of applications on it becomes more and more acute.

This problem cannot be ignored. Therefore, we decided to add to our ecosystem the second most popular blockchain — Binance Smart Chain — the product of the popular Binance Exchange.

Despite its youth, BSC is a dynamically developing multi-layered blockchain. BSC does not yet have such a developed ecosystem as Ethereum.

However, it is actively developing and an increasing number of dApps choose this blockchain. It is fast, safe, easy to use, and cheap. For many users, the cost of transactions is crucial, and we care about our users.

Binance Smart Chain helps to interconnect different blockchains. This ensures integration and interaction with different blockchains and, above all, with the Ethereum blockchain.

Tokenomics of AXL:

Everyone know Axl Is Own token of Axl platform, Axl Presale already end And currently AXL token already several exchange, pancakeswap already listed Axl token with good liquidity and bitmart, Lbank exchange already listed axl token. Current price of 1 Axl = 0.0024$ and volume 24 hours 100,000. Total supply of Axl token is 100000000000 and circulation supply is only 20%. Ido sale 20%, pressle 25% , team members 2.5% lock 3 years and airdrop and bounty 3%., Staking reward 30%

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How to get $AXL?

If anyone want to buy axl token, just go to axl website and connect your metamask.

$AXL is available in both ETH and BSC networks. Choose your network from here ETH BSC “DROP DOWN MENU “Same as in toolbar” to participate in $AXL pre-sale

Axl Roadmao:

Axl roadmap, project update lokinh good for investor to know about prject. 

Phase 1

Axl token 10 k holder

Full stage Lunch Website

AXL nft market lunch

Lising exchange, coinmarketcap

Also coungeco listed

Phase, 2

CMC Airdrop

Listing on Bilaxy

Stage 2 marketing

Launch of 2 staking pools

Phase 3 

Coin listing on CEX

AXL DEX beta launch

AXL DEX live

Phase 4

100k Holder

AXL DEX Lend & Borrow model

AXL DEX launch on BSC

AXL DEX Burn & Repurchase

Community Growth


Inference :

When we look at the crypto world in general, many projects appear day in and day out as funds are depleted and inactive and continue their activities in ongoing projects. However, we can see that most of these projects are defi based or considered nft. Some of them try to continue their activities with a combination of both defi and nft. But, as a rule, most of them end in failure. Especially with projects that do not have many investors, we face this more often. When we look at the current state of the crypto market at the moment, investors tend to abandon projects and invest in such platforms seriously.

Axl Inu is deeply committed to the growth of the AXL community. They designed the AXL token for substantial use on the AXL platform. The goal is to make AXL the native vehicle for conducting transactions on the AXL platform for users. A specific use case would be for the AXL Launchpad program, in order for a user to participate in an upcoming project, they would have to make an AXL deposit to be eligible to participate.



This is what I can say in this article. If you need accurate and reliable information, you can visit their official link, which I have provided below:



Links:
https://www.axltoken.com/
https://t.me/AxlToken
____________________________________________
author : JennaFleming010
Profile : https://bitcointalk.org/index.php?action=profile;u=2602387
Wallet : 0x0f503e80969E306b13664Bd78Cac6A4589302929
Proof : https://bitcointalk.org/index.php?topic=5373835.msg58953028#msg58953028

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