Axelar ($AXL), a Cosmos token with a significant pump recently. Binance listed the trading pairs of $AXL on 1 March 2024. Also, Axelar has forged partnerships with industry-leading institutions such as Ripple and J.P. Morgan’s Onyx division. These collaborations demonstrate the growing interest and trust in Axelar’s technology. Now, you can receive airdrops by staking Axelar ($AXL) token. Here is the step-by-step guide on how to get started and maximize your potential rewards.
What is Axelar?
Axelar is a promising Cosmos token that focuses on cross-chain interoperability. Unlike other tokens in the Cosmos ecosystem, Axelar stands out by enabling seamless communication between both public and private blockchains. This unique selling point has attracted the attention of institutional players interested in building infrastructure for banking services and cross-border transactions while maintaining privacy.
Axelar is not only well-connected within the Cosmos ecosystem but also offers a gateway to various other chains due to its cross-chain interoperability focus.
Step-by-Step Guide:
1. Buy Axelar ($AXL) tokens
Purchase Axelar from a reputable exchange such as Binance. Ensure you have the required amount to qualify for airdrops.
2. Choose a Validator
Head over to your Kepler dashboard and select a validator to delegate your Axelar ($AXL) tokens to. Our suggestion is to avoid centralized exchanges validators, and better to choose opt or professional node runners for staking services.
3. Stake Axelar ($AXL) tokens
We recommended to stake less than 80% of your Axelar ($AXL) tokens to earn staking rewards. This process can be done through your chosen validator using the delegated option.
Explore another potential airdrops: Mecha
Keep an eye on Axelar’s partnerships with other protocols and projects to explore potential airdrops. Omni Mecha Coin, a project followed by Axelar Network, is one of the such project to consider.
A magic Mecha NFT is now opened for minting at here. The price for each magic Mecha is around USD5, and could be minted from 15 different chains. An epic $MECHA airdrop will be ready soon, so mint your NFT before it’s sold out if you don’t want to miss it.
