📣 Creators, Exciting News!
Gate Square Certified Creator Application Is Now Live!
How to apply:
1️⃣ Open App → Tap [Square] at the bottom → Click your avatar in the top right
2️⃣ Tap [Get Certified] under your avatar
3️⃣ Once approved, you’ll get an exclusive verified badge that highlights your credibility and expertise!
Note: You need to update App to version 7.25.0 or above to apply.
The application channel is now open to KOLs, project teams, media, and business partners!
Super low threshold, just 500 followers + active posting to apply!
At Gate Square, everyone can be a community leader! �
AxelarToken token burning page launched, with over 90,000 AXLToken burned in the past 5 days
BlockBeats news, on February 26, the Axelar Token burning page went live. Since the network upgrade completed on February 21, over the past 5 days, more than 90,000 AXL Tokens have been burned, with the current inflation rate at 4.8%. The Axelar Cobalt upgrade strengthens the AXL Token economic model, ensuring that 98% of AXL Tokens involved in new Cross-Chain Interactions are burned, while the remaining 2% are transferred to the community fund pool. The new blockchain is connected through the Interchain Amplifier, a mechanism within Axelar’s Mobius Development Stack (MDS), and provides security through AXL stake in the validators’ reward pool. The reward pool supports new connections without the need for inflation incentives.