- 98% of AXL transaction fees are burned, while 2% are transferred to the community pool.
- The new blockchain is connected through inter-chain amplifiers, which are part of Axelar's Mobius development stack (MDS), with AXL locked in the validator reward pool to ensure security.
- The reward pool allows for new connections without generating inflationary rewards.
* This upgrade was approved through a decentralized network governance vote that ended on February 16, 2025.
AXL is still doing well! The data following 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 AXL's token utility through transaction fee burning, inter-chain amplifiers, and upgrades from decentralized governance voting,
laying the groundwork for connecting more blockchains to the network.
Axelar is clearly working towards building a trustworthy and open ecosystem. In the future, as transaction volume increases and more chains connect, AXL's value and network influence will further enhance.
We look forward to seeing $AXL continue to improve!
