AxI Inu

AxI Inu

INTRODUCTION
Axl is a decentralized exchange based on hybrid-wallets, supporting users to trade directly on-chain.
Instead of having to take off your digital wallet every time, you can now stay connected to your favorite exchanges through your AxI wallet, directly from the exchange.
We believe that Decentralized exchanges are the future of cryptocurrency based trading.
Our purpose is to develop the next generation decentralized exchange, aiming for mass adoption.

 

We believes that blockchain technology has far more use cases than just cryptocurrency and as such, we will create a network of exchanges that will eventually allow users to move their cryptocurrencies seamlessly from one blockchain to another. These exchanges will need a form or token representation that will be used for several key roles such as facilitating the exchange of value between different chains and rewarding liquidity providers at some point in the future.

AXL is betting on the Poly Network, which allows the AXL platform to have the required connectivity to other Blockchain networks,
while simultaneously supporting the “best of breed” feature of different Blockchains. The AXL team has members with decades of

experience in the technology industry, which bodes well for the future of the project.

With the help of multiple high-quality partners like the Elrond Network, Cosmos-SDK, and Zilliqa (just to name a few), Poly Network has completed more than $4 billion worth of transactions across 50,000 different Blockchains! And now that AXL Coin is powerful enough to perform a wide variety of financial tasks, we're going to begin with our own unique NFT – a form of digital art specially created by our team – and list it for sale on specialised NFT platforms. In order to do so, we'll have to use a NFT known as an "Ownership Certificate." Even though they're currently being used less often than they probably should be, Ownership Certificates are one of the most important tools in anyone's blockchain toolkit.

 

Now for our 10,000 unique NFT artwork pieces... Each will be hand-drawn by a groundbreaking group of artists who were inspired by AXL. All works are created as limited edition pieces and can only be found on the selected number of platforms they're listed on. Anyone interested should feel free to collect as many as they wish! The second phase of the project is also set to launch a decentralized exchange where trades can be carried out directly thus excluding that need for a third party or central authority to manage one’s crypto assets. This will be built with smartchain routing support, effectively allowing trading between its supported chains like the Ethereum network and Binance protocol (for smartchains).

FEATURES Of AXI
- SECONDARY USE CASE
AXLE tokens can be exchanged for other tokens of the same Blockchain, but also at a bigger market scale using cross-chain exchanges.
- LEND AND BORROW
AXL's Lended & Borrowed concept allows users to grow their digital currency. It will allow savers the ability to earn interest on their crypto stash and borrowers with the use of their current holding serving as security for obtaining another cryptocurrency through a secured loan. Crypto lending is where an individual may use his token stash as collateral for borrowing another cryptocurrency.
- YIELD FARMING
Our platform will allow users to earn higher interest using smart contracts compared to lending on cryptocurrency exchanges. They'll then be able to deposit their funds into a common pool of credit, helping others earn interest on their own holdings. The yield earned will then be issued back to the user’s accounts, according to how much they have initially deposited.
- PROVISION OF LIQUIDITY
AXEL's role in this activity will be to supply liquidity by providing coins and tokens which traders can bet on. What is the function of a market maker? A market maker supplies assets to a trading platform. This allows for improved customer experience by adding more choices in the tradable asset pool, thereby facilitating trades with greater decentralization.
- BURNING AND BUY BACK
Burning AXL tokens will essentially mean getting rid of some. Purchasing additional AXL tokens for example, would be the exact opposite of burning them. Tokens are bought back by the company with the goal of supporting your token’s value.
- INTEROPERABILITY
Interoperability is something that the AXL DEX is brilliant at. Users can trade their cryptocoins on many different networks instead of just one, which will reduce costs and maximize your returns. This exchange gives crypto holders the power to decide what platform to use by making it easy for them to trade across multiple chains. Unlike other cross-chain decentralized exchanges, this technology does not require complex coding or smart contracts to ensure execution between networks.
- STAKING
Staking is the process of securing the blockchain’s network by buying tokens with rewards. A stake is a wise investment which involves mainly having faith in an entity's ability to pay interest or, rather, earn returns. Staking can be used to secure various networks including AXL network which will enable you to earn rewards by holding certain cryptocurrencies.

 

TOKENOMICS
Token Name..... AXL INU
Symbol.......... AXL
Total supply... 100.000.000.000
Total IDO supply.. 25.000.000.000
Token pre-sale price: 0.00075/A

 

CONCLUSION
We are deeply committed to the growth of the AXL community. We have designed the AXL token to have a significant use on the AXL platform. Our goal is to have AXL become the native means of conducting transactions on the AXL platform for users. A particular use case would be for the AXL Launchpad program, for users to participate in an upcoming project, they will have to stake AXLs to be eligible for participation. Projects hoping to be listed on our Launchpad page will also be required to pay fees in AXLs.

 

PROJECT LINKS
Website: https://www.axltoken.com/
Twitter: https://twitter.com/axltoken
Telegram: https://t.me/AxlToken
Reddit: https://www.reddit.com/r/AxlToken/
Instagram: https://www.instagram.com/Axltoken/
Medium: https://axltoken.medium.com/

 

AUTHOR

Bitcointalk Username: David Lopez
BitcoinTalk Profile URL: https://bitcointalk.org/index.php?action=profile;u=2853232
Telegram Username: @JonathanFrizzy
Wallet : 0x9c74d42ac4760b03ab04807a8b762fb239da783c