- 98% of AXL transaction fees are burned, while 2% are transferred to the community pool.
- The new blockchain is connected via an inter-chain amplifier, which is part of Axelar's Mobius Development Stack (MDS), with AXL locked in the validator reward pool to ensure security.
- The reward pool allows new connections without generating inflationary rewards.
* This upgrade was approved through a decentralized network governance vote that ended on February 16, 2025.
AXL is looking good! The data from the decentralized network governance vote that ended on February 16, 2025 (see below) shows that the combination of transaction fee burning and non-inflationary reward pools makes AXL's tokenomics more sustainable.
Axelar has optimized the utility of AXL tokens through transaction fee burning, inter-chain amplifiers, and upgrades from decentralized governance votes,
laying the groundwork for connecting more blockchains to the network.
Axelar is clearly striving to build a trustworthy and open ecosystem. In the future, as transaction volumes increase and more chains are connected, the value and network influence of AXL will further rise.
We look forward to $AXL getting better and better!
