The AXL Ecosystem Has Several Features That Make It A Great Choice For Investors

Once it's live, the AXL INU Token will be available for trading. This will allow users to trade with other blockchains and exchange AXL for their favorite cryptocurrencies.The AXL INU Token will be released soon. It will be priced at 0.00075 USD per unit. AXL can be bought and sold using Ethereum or BNB. Once the presale is over, users can hold AXL INU for the AXL INU Token on two smart platforms. The first stage will be the ICO, while the second stage will be a pre-sale. There will be pre-sale for AXL and BNB.The AXL ecosystem has several features that make it a great choice for investors. The ecosystem includes collectible characters, liquidity, staking, yield farming, and initial DEX offerings. It routes on the ETH Chain, BSC, and other blockchains.

Why You Should Go For It

The AXL INU Token will provide liquidity for market makers and is rewarding them with AXL tokens. Most market makers get their income from trading fees and other sources. The AXL platform will allow its users to earn from yield farming. These are users who lock assets in the liquidity pool for a period of time and receive part of the return, transaction fees, interest on the assets and governance tokens.The AXL INU Token will be the native means of conduct for the AXL platform. It will be used in the AXL Launchpad program, whereby users stake AXLs for listing projects. AXL will also offer a range of other services such as yield farming. The yield farmer will be able to lock assets in the liquidity pool and earn a percentage of the yield. This will also allow them to earn interest from lenders and governance tokens.

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.

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.

AXL holders can participate in staking pools. This allows them to earn AXL INU Token while participating in a staking pool. The staking pool is split evenly between the Binance Smart chain and the Ethereum chain. Besides AXL, users can stake AXL UniSwap LP tokens. This will provide value to its users and other stakeholders.