💥 Gate Square Event: #PTB Creative Contest# 💥
Post original content related to PTB, CandyDrop #77, or Launchpool on Gate Square for a chance to share 5,000 PTB rewards!
CandyDrop x PTB 👉 https://www.gate.com/zh/announcements/article/46922
PTB Launchpool is live 👉 https://www.gate.com/zh/announcements/article/46934
📅 Event Period: Sep 10, 2025 04:00 UTC – Sep 14, 2025 16:00 UTC
📌 How to Participate:
Post original content related to PTB, CandyDrop, or Launchpool
Minimum 80 words
Add hashtag: #PTB Creative Contest#
Include CandyDrop or Launchpool participation screenshot
🏆 Rewards:
🥇 1st
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.