The 4th + final day of the Going Interchain Axelarator @Galxe Quests is in progress, feat. @HBAR_foundation 🦾
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Axelar’s Interchain Amplifier will connect @hedera network’s speed, scalability & low fixes fees to users globally 🌐
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Learn more + get a chance to win some AXL + HBAR swag packs here:

The @AxelarIntern's notes from the Amplifier Devnet Megathread 🦾 ♥️

Featuring the amazing

@renapshah from @Stacks
@DoubleARon2048 from @MoonriverNW
@ElaineSong7 from @HBAR_foundation
@James_Friel and @stephenfluin from @axelarnetwork

Hosted by @galenmoore

The guests 🎤

- Rena from The @Stacks Ecosystem:
Transforming bitcoin from a passive asset to productive asset, goal is to tap into the 1 trillion in BTC capital and make it usable and bring bitcoin into an onchain world

- Lainee from @HBAR_foundation:
Hedera is a 3rd gen layer1 smart contract, evm compatible network which utilizes hash graph consensus, which allows for high scalability, low cost, and promotes sustainable growth

- Aaron from @MoonriverNW:
Represents Moonriver on the Polkadot network, focusing on reducing friction in Web3 through EVM compatibility.

- Elena from @ironfishcrypto:
Aims to become the privacy layer for crypto using zk-proofs, stressed the importance of privacy in financial transactions and broader applications to protect user anonymity while remaining compliant.

- @axelarnetwork:
Fully decentralized proof of stake L1, a blockchain connecting blockchains at the consensus layer, will discuss Interchain Amplifier powered by the Axelar Virtual Machine and connect chains at the smart contract layer.

About Amplifier Devnet ℹ️

Designed as a developer-friendly platform, the Amplifier Devnet aims to facilitate seamless and permissionless interactions across various blockchain networks. By leveraging the Axelar Virtual Machine, it provides a toolkit for developers to connect blockchains with minimal friction and high security.

Key Benefits ✅

• Allows for the creation of cross chain DeFi applications that operate across multiple blockchains which enhances liquidity in the ecosystem.
• Supports the development of cross-chain decentralized NFT marketplaces.
• Will enable both secure and verifiable data sharing across blockchains, can potentially do so in the real world for industries such as healthcare and supply chain.

What's Next for the projects:

• Stacks: Set to enhance its L2 capabilities by leveraging Bitcoin's proof of work, introducing tokenized Bitcoin (SBTC), and integrating deeply with Axelar. This upgrade will enable Bitcoin-based lending protocols and other financial services directly on Bitcoin's layer, which has not been feasible until now due to the absence of native smart contracts.

• Hedera: Focused on showcasing the scalability and robustness of their novel hashgraph consensus mechanism. Plans to enhance interoperability features to create a seamless experience for developers and users, aiming to bridge traditional and blockchain-based applications.

• Moonriver: Preparing for significant protocol upgrades to increase throughput and reduce block times, will continue serving as an experimental network within the Polkadot ecosystem, focusing on innovations like cross-chain abstraction technologies.

• IronFish: Advancing privacy solutions with new multisignature capabilities and hardware wallet integrations. Developing user-friendly mobile and browser wallets tailored for privacy-focused transactions.

Axelar Future Outlook🔮

As more integrations are anticipated in the future, the platform will promote Interoperability by :
1) breaking down barriers between isolated networks
2) facilitate innovation by providing tools that allow developers to create applications beyond the limitations of a single blockchain 3) foster community and ecosystem growth with a connected blockchain world.

Thanks for reading! You can check the discussion here:

It's time to go outside to touch some grass 🗻 🌊

2 things to remember 🧠 1️⃣ Each axlUSDC = 1 $USDC locked on native chain ⚓ 2️⃣ Once minted, axlUSDC flows to any connected chain 🚢 axlUSDC is live on @ThrusterFi, the largest DEX on @Blast_L2 🤯 🧵 ⤵️

Swap or bridge to axlUSDC on Blast in under 20 seconds, friends – on @squidrouter, ofc 🦑 🏎️ We'd post a tutorial but Squid is just. too. f. easy 😎 https://t.co/XYdRqWhsqO

🟠 50K AXELARATOR PROGRAM UPDATE 🟠 Over 150,000 of you participated in season 1 of the Axelarator Program: on-chain quests, AXL giveaways, NFT mints, swag ... 🦠🌐🦾 Following this win at launch, an additional 50,000 AXL will be distributed through weekly Galxe quests in Season 2! 🉑👍 Join + learn about Axelar’s quests, ecosystem partners, new launches + integrations 🧲 https://app.galxe.com/quest/axelar/GCLaDtwDaE Plus, check in next Monday for something new 👀

New swag, who dis? 💅

Tell us which new Axelar t-shirt is more better, anon 👆

Have a great Sunday Axelarators! ♥️ ☁️

The shortest path to scale 🌫️ ✖️

Next up, devs: Converting tokens to multichain assets w/ @MoralisWeb3 🟠🦾🔊 Set a reminder 🔔 and join us Friday for a live demo at 3pm UTC! ⤵️ https://t.co/dbMBe8D3oJ #InterchainTokens

Liquidity fragmentation: SOLVED 🛠️ 🌊

Axelar is the shortest path to scale 📐🟠 Here, powered by @galxe, is the shortest path to sweet new merch 💅 🤠 ⤵️ Go get it, frens: https://t.co/7yH0psqVmW

It's live, frens: the new Axelar #LearnEth module on @EthereumRemix covering multichain functionality 🦾 🟠 This is the goods for devs eager to build at scale, beyond the limits of 1 chain 🧲 Step through the module to learn the basics of GMP + sending tokens cross-chain 🏗️ 👇

1️⃣ Open the Remix IDE at https://t.co/i1FJt5DDxO 2️⃣ Use the lefthand nav to open `Multichain Protocols with Axelar` ⤵️ 3️⃣ 😎 (Or just use the deeplink: https://t.co/65vmARDwy2) https://t.co/EcLnLnoYcz

Consensus is growing on the importance of secure blockchain interoperability for tokenized assets (RWAs). 👏 @hkmagovhk

Summary: https://t.co/6mgJNjikiO Full guidance from HKMA: https://t.co/ivIUoqAuPz