We are excited to announce our new partnership with Axelar Networks, officially adding now our 12th network to our list of validators.
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Who is Axelar Network?
Axelar Network is a company founded by Sergey Gorbunov and Georgios Vlachos back in 2020. Although new on the market, they managed to shine quickly due to the technology behind the project and the end utility. In just a few words, Axelar means a decentralized state machine responsible for facilitating cross-chain requests.
“Axelar network is a scalable cross-chain communication platform. Blockchain platform builders can use it to seamlessly plug-in their blockchains to all other blockchain ecosystems. Application developers can choose the best blockchain to host their applications and use Axelar’s cross-chain communication protocols to lock, unlock, and transfer assets, as well as communicate with applications on any other chain. By connecting dapps with multiple blockchain ecosystems, the Axelar platform empowers users to interact with all applications across the ecosystem directly from their wallets.” Sergey Gorbunov
Axelar Network is built on Tendermint blockchain, offering staking possibility through Keplr Wallet.
Keep an eye on the project as it’s going to the moon! 🌜
