Axelar

Specifications	Details
Platform (underlying architecture)	Layer 1
Consensus Algorithm	Proof-of-Stake
Ecosystem	Cosmos
Token	AXL
Native Token Ticker	$AXL
Smallest Unit	uAXL (micro AXL, 1 AXL = 10^6 uAXL)
ARR or APY	8%-13%
Max Supply	∞
Delegation Requirements (Min-Max)	No minimum and maximum limit
Stake Activation Period	None
Reward Distribution Period	Every block (~6 seconds)
Compounding	Manual
Compounding Frequency	Rewards can be redelegated as earned
Unbonding Period	7 days
Lockup Period	None
Penalties and Slashing	Yes - A 2% penalty is applied for Double Signing, and Downtime (maintaining total liveness for at least one day in every two-day window) incurs a 0.01% penalty.
Burn Mechanism	AXL transaction fees are sent to a burn address rather than distributed to token holders
Validator Self-Bond Requirement	At least 1 AXL is required for consensus participation. Entry into the "active set" of validators requires stake > 75th active validator, and 2% of the total bonded stake is optional for multi-party cryptographic protocols.
Inflation	~5%
Validator Set Diversity	At present, Axelar's active set consists of 75 validators. To become an active validator, you must have more stake than the 75th active validator to enter the "active set".
Governance Mechanism	On-chain governance
Smart Contract Support	Yes
Smart Contract Programming Language	Solidity
Cross-chain Compatibility (Interoperability)	Yes
TPS (Transaction Throughput)	Varies as per the other chain
Transaction Finality	Varies as per the other chain
Link to Explorer(s)	https://axelarscan.io/, https://www.mintscan.io/axelar , https://atomscan.com/axelar , https://axelar.explorers.guru/ , https://ping.pub/axelar
Testnet Faucet	https://faucet.testnet.axelar.dev/ or via Discord (`#faucet` channel)
Figment’s Public Validator Address	`axelarvaloper1uvx854yjzn9re8vu74067u68r4ar70tywgpcwg`
Figment Staking Guide	HERE
Figment Supported MEV Relay	N/A
Recommended Wallet(s)	Keplr, Ledger
CoinGecko Profile	https://www.coingecko.com/en/coins/axelar