The AXL INU token would also offer a number of benefits to the financial industry. It would be a multi-chain DEX that supports both Ethereum and Binance. It could also support new projects, as well as support standard DeFi features. The AXL INU token would allow users to conduct lending, yield farming, NFT minting, and IDOs sales.The AXL INU token would also add significant value to the financial industry. 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.
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.
Web: https://www.axltoken.com/
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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 token 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.Yield Farming:
The AXL platform will enable yield farming for those interested for generating high returns in the form of additional cryptocurrency. This incentivizes liquidity providers to stake or lock up their crypto assets in a liquidity pool based on smart contract These can include a percentage of transaction fees, interest from lenders or from a governance token. The yield from it, will then be paid out to those who have made deposits and shared accordingly.Staking:
The AXL ecosystem will allow staking as a way to earn rewards for holding certain cryptocurrencies. If the token allows staking, part of an individual’s holdings can be staked and the individual will earn a reward over time. The stakes are held in a staking pool and each portion of an individual’s holding will be put to work through a consensus mechanism for ensuring that all transactions processed are duly verified and are secured. Staking a crypto asset in this case will allow for it to also be a part of the ‘proof-of-stake’ process.
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
Its value is estimated to be $76Q&$Y. If a single AXL INU token is sold for $1, it would have a total supply of 100 billion. This means that the price of one AXL is $0.00075 per 1 AXL. The price for AXL INU can be purchased with BNB (Ethereum).The AXL system is decentralized and will have fewer intermediaries than the existing traditional financial system. Its native currency will be the AXL INU. It will be the native currency of the ecosystem. During its presale, it will support only Binance Coin and Ether. Its main goal is to eliminate intermediaries in the financial industry. AXL is the ideal cryptocurrency for investors who want to take advantage of the blockchain revolution.
Details Below
Web: 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
Hashtags: #axl #axlinu #dex #nft #idolaunchpad
Proof of Authorization
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