Fees 10 %
RewardsEvery block (around 5 seconds)
Lock-up period7 days
CompoundingManual, delegator needs to claim and restake
Slashing risk• Downtime slashing (liveness fault): 0.01% of AXL slashed. Validators need to sign at least 50% of the blocks in a 35,000 blocks window. This means that slashing can happen if the validator has 1 full day of downtime. • Double sign slashing: 2% of AXL slashed. It happens if the validator tries to validate twice the same block (malicious behavior or poor set-up).
Axelar is a Proof-of-Stake cross-chain communication platform built on Tendermint. Axelar offers decentralized bridges between multiple blockchains and ecosystems. Axelar will notably provide cross-chain transfers between Ethereum, EVM blockchains such as Moonbeam, Avalanche and Fantom, as well as Terra Money and other Cosmos SDK blockchain networks in the future. Axelar has built-in APIs and its own SDK for developers to build and integrate with it. For individuals, Axelar has built Satellite which provides an interface for cross-chain transfers. Within the Axelar Network, cross-chain transfers have a base fee measured as a % of the amounts transacted. For example, assets transfer between Ethereum and other compatible blockchains are charged with a 0.1% fee. AXL is Axelar's own utility token, which is used to power transactions on the Axelar Network. It can also be used for staking and decentralized governance.
Learn about Axelar (AXL)
Why stake with us?• Stakin has contributed to Axelar test network since 2020 • Stakin is dedicated to the Cosmos ecosystem. In addition to Axelar and Cosmos, Stakin supports 10+ networks in the Tendermint and Cosmos SDK ecosystem. • Active governance participant and voter on all key proposals • We offer dedicated support for all your staking, unstaking, and network-related questions