New Axelar integrations. Building new cross-chain applications.
About Axelar Network
Axelar is an overlay network that securely connects many blockchain ecosystems, applications, assets, and users to provide Web3 interoperability.
Axelar consists of:
1. A decentralized network of validators;
2. Secure gateway contracts;
3. Unified translation;
4. Routing architectures;
5. A set of software development kits (SDKs) and application programming interfaces (APIs).
Developers can use the platform for their use case and have access to users, assets, and applications in another ecosystem.
Instead of pairwise bridges between chains, developers can rely on a network architecture that provides a single code base and control structure.
New Axelar integrations
Let me start my review of the new Axelar integrations with the Eldarune project.
Eldarune is a promising Medieval GameFi, AAA fantasy, action RPG with 4K graphics.
Eldarune creates a game that conveys the passion and excitement of the best online role playing game for players who play blockchain games to earn.
Eldarune is working with Axelar to bring GameFi into the internetworking future, as Axelar has one of the best approaches to internetworking security.
Conclusion on this integration
This integration will help make the Eldarune project securely interoperable with blockchains in a decentralized network.
Next, let’s move on to integration with BNB Chain.
BNB Chain is a new content platform for Binance Chain. BNB Chain
researches decentralized blockchain technologies in various fields. BNB Chain is a source of stories about GameFi, NFT, DeFi and the BNB Chain community.
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BNB Chain has recently joined the Axelar network.
This integration will benefit BNB Chain developers and applications.
This will give BNB Chain developers the ability to create features for all of WEb3 via an API.
For applications, there are also advantages here. Integrated dApps can now seamlessly connect $BNB users.
Conclusion on this integration
For developers and applications, all of the above will happen through the most secure cross-chain communication infrastructure.
And finally, let’s move on to another recent integration with StellaSwap. StellaSwap is Moonbeam’s first and leading DEX offering an integrated gateway to the DeFi world. StellaSwap users can exchange, earn, generate income, pool assets, explore new projects, and participate in NFT trading.
StellaSwap’s partnership with the Axelar network will help bring cross-network applications to the Moonbeam Network. For StellaSwap, this is the path to new dApps through contracts linked to each other, in line with the vision of Moonbeam Network.
StellaSwap will use Axelar’s grid infrastructure to ensure application interoperability and composability across 16 other blockchain networks.
To enable the Axelar cross-chain feature on Moonbeam, StellaSwap must have the axlUSDC pool configured, which refers to Axelar’s USD stablecoin. The liquidity of axlUSDC will allow efficient channeling of liquidity for cross-chain swaps.
Conclusion on this integration
Here we see the great importance of integrating StellaSwap with the Axelar bridge. Using the Axelar bridge across the Polygon, Avalanche and other networks will help increase liquidity for axlAssets.
OFFICIAL LINKS
Website: https://axelar.network/
Twitter: https://twitter.com/axelarcore
Youtube: https://www.youtube.com/channel/UCf8GFg58fdp1iZwLAOV1Tgg
Reddit: https://reddit.com/r/axelar
Telegram: https://t.me/axelarcommunity
Developer Documentation: https://docs.axelar.dev/
Block Explorer: https://axelarscan.io/
GitHub: https://github.com/axelarnetwork/axelar-local-dev
Posted by Olga#3035
