Delegate AXL to Everstake AXELARVALOPER1RQP7VVL9CJMDAN44DNY56QADWG590UXV8HAMUX
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Right now, all the tokens are locked, so delegation is not possible. It will likely be possible after June 1st, so stay tuned :)
Axelar’s team will be releasing more details on staking soon.
What is Axelar’s idea?
Axelar is a universal decentralised network with an ambitious goal to connect all blockchains, assets and applications through a universal set of protocols and APIs. The team aims to make all of the cross-chain interactions simple and seamless in the same way that our local networks are connected globally. You can send a message from one continent to another without having to think about transferring, and you don’t need to look for bridges or side programs/interfaces to do so. You can send an email from an @gmail.com address to an @yahoo.com or any other domain without thinking much about it. In the same way, Axelar’s team wants to connect the blockchains of all protocols and web3 projects.
Axelar Network links
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AXL is a native token of the Axelar Network. It is used for rewards in the network, fees, and can be used for staking and exercising governance over proposals. Initially, AXL was offered on Coinlist during the public sale from March 9, 2022 - March 16, 2022.
Read Axelar’s medium post about AXL token to learn more.
On Coinlist's Axelar sales page you can read about sales conditions and tokenomics.
Stay tuned for more details about the project ;)