AxlInu: An Exceptionally Profitable Token that resides on a Notable Decentralized Exchange Medium.
Over the years, chain network technology and Mechanisms have paved the way for the innovation of efficient trading and Decentralization. It simply eliminates Centralized Mechanisms & moves forward through the help of it's community or it's users, the phenomenon I'm referring to is called the Decentralized Exchange network. This particular network has been automated as a spot where different investors and crypto enthusiasts can buy and sell currency assets without being interrupted by thirdparty personnels or Intermediaries, who seek out extra funds for their connection efficiency. .
But with Decentralization, Exchanges are being carried out in a Peer to peer fashion. Due to the technological system put in place, the security is tight and no sort of individual or personnel can take custody over people's funds. Decentralized exchanges are here to facilitate the trading activities of users globally and Axl Inu network will further act on those traits.
AXL-INU COMPONENTS
Axl Inu is simply a DecentralizedExchange network that comes with SmartRouting on both the Binance ChainNetwork and the Ethereum Network. It's also going to be supporting the LiquidityProvision functionality, IDO release, Staking mechanics, Farming activities, Lend&BORROW functionality with NFTBASED system. Also, the network comes with its own Coin, which is called the Axl Inu token or AXL token/Coin, it will be placed on the platform to carry out different transactions especially for reward plans.
Coin Allocation
Out of the total supply of 100 billion AXL coins, portions are allocated to different sectors on the network. Twenty five percent goes to the Presales, Thirty percent goes to the Staking Rewards, Twenty Percent for the CentralizedExchange Reserves, 2.5 percent is the team's tokens (this'll also be locked for about 3 years), fifteen percent is for Dex based Liquidity, 6.5 percent is the locked Incentives, while One percent is for the Airdrops.
THE NFT SECTOR
The network started off with a Non-Fungible token collection consisting of 10,000 special characters, which was also inspired by AxlInu network. They are also going to consist of Twenty ELONs and Eighty Zombies. AxlInu network informed the community about the release of these collections. Their NFT network is going to give users the opportunity to dive into the NFt Ecosystem, while showcasing their artworks for different NFT users or investors who wish to possess them.
THE STAKING FEATURES
The AxlInu network has also provided a space just for staking purposes. This space permits various holders of the token to stake their coins in the stake based pools so that they can get great rewards. Once the Presale is finalized, Four Stake based pools are going to be launched, this pre-sale went live from the 18th - 28th of December, 2021. Every single individual will be provided with the opportunity to stake their LpCoins for the sake of earning more Axl Coins.
CONCLUSION
Axl Inu is truly an amazing network that works towards incentivizing their community while automating more features for their Decentralized exchange medium. Through the implementation of their Axl Coin, they seek to develop their space more and more, especially with the release of the presales (7 billion tokens will be reserved for the BSC sales, while another 7 billion will be reserved for the ETH sales). As time goes on, more and more features and Collaborations will be implemented, in order to revolutionize their systems.
Useful links
★ WEBSITE
★ TELEGRAM
★ MEDIUM
Writers information
Name: Emperor Okpanku
Telegram: Emperoruky
Bitcointalk forum Name: Ukyokorie
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Prove of authentication
Wallet address:0x71bA7B5F69a003a2860359CFe05c828f60CbdD81
