Join @sergey_nog , @yorgosv_ & @axl_foundation Oct 10 for a live AMA on the expanding L2 landscape, Axelar tokenomics + requirem
05 Oct 2023, 15:14
Join @sergey_nog , @yorgosv_ & @axl_foundation Oct 10 for a live AMA on the expanding L2 landscape, Axelar tokenomics + requirements to ensure Ethereum-level interoperability extends across thousands of connected blockchains ⤵️
Same news in other sources
1AxelarAXL #119
05 Oct 2023, 15:17
📣 Call for comments!
We’ve just published a proposal on Axelar’s community governance forum on Adjusting Axelar Network Incentives: A Proposal to Scale to Thousands of Chains.
📌 Here’s the TL;DR:
• Short-term: Modify the network’s inflation parameters. In parallel, introduce a gas-burning mechanism to counterbalance inflation, in furtherance of maintaining robust decentralization on the network.
• Medium-term: Transition to establishing connections within Virtual Machine smart contracts and replace inflationary rewards with explicit reward pools for each new chain.
• Long-term: Expand the use of more light-client connections where suitable.
💬 Read the full proposal and leave your comments here:
➡️ We’ll be hosting an AMA to discuss the proposal next Tuesday:
Call for comments.
📣 Call for comments!
We’ve just published a proposal on Axelar’s community governance forum on Adjusting Axelar Network Incentives: A Proposal to Scale to Thousands of Chains.
📌 Here’s the TL;DR:
• Short-term: Modify the network’s inflation parameters. In parallel, introduce a gas-burning mechanism to counterbalance inflation, in furtherance of maintaining robust decentralization on the network.
• Medium-term: Transition to establishing connections within Virtual Machine smart contracts and replace inflationary rewards with explicit reward pools for each new chain.
• Long-term: Expand the use of more light-client connections where suitable.
💬 Read the full proposal and leave your comments here: https://community.axelar.network/t/adjusting-axelar-network-incentives-a-proposal-to-scale-to-thousands-of-chains-call-for-comments/2515
➡️ We’ll be hosting an AMA to discuss the proposal next Tuesday: https://twitter.com/i/spaces/1OdJrjPnYlqJX