Starting from 02:10 PM UTC on September 29th, we officially list Wrapped Axelar (WAXL) on the ONUS application. Soon after is added, users can perform the following features:
- Off-chain transactions: Send and receive WAXL with other users in the ONUS network.
- Exchange: Swap from VNDC or USDT to WAXL and vice versa.
What is Wrapped Axelar?
Axelar is built on a PoS algorithm that provides secure cross-chain communication for Web 3. Axelar’s infrastructure makes it easy for dApp users to interact with any asset and application, on any chain, with a single click.
Axelar has core protocols such as Cross Chain Gateway Protocol (CGP) and Cross Chain Transfer Protocol (CTP). The Axeler network has the following advantages:
- For Blockchain platform builders: Easily include their Blockchains in all other blockchain ecosystems.
- For dApp builders: You can store your dApps anywhere. They can lock, unlock, transfer content, and communicate with applications on any other chain through the CTP API.
- For users: It is possible to interact with all apps across the ecosystem directly from their wallets.
Website: https://www.axelar.network
What is token WAXL?
WAXL token is the management token of the project, in addition to being used to:
- Pay transaction fees.
- Reward users for building ecosystems.
- Staking.
Specifications
- Name: Wrapped Axelar
- Symbol: WAXL
- Platform: Ethereum
- Standard: ERC-20
- Token Type: Utility
- Smart contract: 0x467719aD09025FcC6cF6F8311755809d45a5E5f3