November 7, 2024
How to Stake Axelar
Axelar Staking Guide
STAKE TOKEN
Axelar (AXL)
Axelar delivers secure cross-chain communication, enabling seamless interoperability between blockchains through its decentralized gateway protocol.
APR 9.83%
Total Stake
9.83MAXL
$1.11MUSD
Market Cap
122.67MUSD
Token Price
0.1127 USD
How many AXL do you want to stake?
Delegation Amount
640 AXL
$0.00
Daily Earnings
0 AXL
$0.00
Monthly Earnings
0 AXL
$0.00
Yearly Earnings
0 AXL
$0.00
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Axelar is a cross-chain communication network built on the Cosmos SDK that enables secure interoperability between multiple blockchains, including Ethereum and Cosmos. Its native token AXL is used for staking, governance participation, and helping secure cross-chain transactions.
By staking AXL you contribute to the network’s security, support cross-chain functionality, and earn staking rewards while gaining governance rights over protocol upgrades and validator participation
You can easily stake AXL by connecting your wallet to the above linked Axelar Staking Dashboard, selecting the amount of AXL to delegate, chosing your validator, and confirming your delegation.
Staking rewards vary based on validator performance, network parameters, and overall staking participation. Our dashboard shows the latest APY so you can estimate your returns.
Staking rewards for AXL vary depending on validator commission, network participation and inflation. Current APR figures are around ~8% (for example ~8.31 % per data at one point) but actual yield may differ.
Yes. Your AXL tokens never leave your wallet; you only delegate them to a validator. Simply Staking ensures security with enterprise-grade infrastructure and 24/7 monitoring.
Yes. You can restake your earned AXL rewards to grow your balance over time. Compounding helps maximize long-term yields.
Yes. By staking AXL, you gain voting power to participate in governance proposals, influencing protocol upgrades and network policies.
Simply Staking offers a user-friendly interface, supports the Axelar network and aims to provide competitive uptime and validator options, making staking AXL accessible for both retail and institutional users.
Yes. Simply Staking supports institutional-grade staking solutions which may include custom arrangements for funds, custodians, exchanges, or direct validator services.
The unbonding period for AXL is 7 days according to multiple sources. During this period your tokens are locked and do not earn rewards.