đŁ Axelar Introduces Axelar Mobius Development Stack (MDS):
âïž Axelar MDS, developed by Interop Labs, is a new interoperability standard that leverages the advanced utility of the AXL token to bring infinite security and scalability to Web3.
âčïž Axelar MDS enables customizable, self-service connections to any blockchain or off-chain system, integrating communities, compute sources, security mechanisms, and liquidity pools into a secure, unified user experience.
âïž Infinite Connections: New blockchains are launched all the time, leaving interoperability protocols to catch up. â Interchain Amplifier enables self-service connections at scale: new connections are created at the smart contract level using tools running on the Axelar VM.
âą Integration with Babylon and EigenLayer will strengthen AXL with enhanced cross-chain security guarantees backed by BTC and ETH, enabling institutional connections to private chains that require top-tier security.
âą Native everywhere, no bridges: Interchain Token Service (ITS) eliminates the need for bridges. â Smart contract developer tools built into the cross-chain framework allow the creation and management of tokens that are natively compatible with multiple blockchains.
âą Programmable Interoperability: Axelar Virtual Machine (AVM) powers the Interchain Amplifier and ITS, enabling smart contract logic to be used cross-chain. â This opens the door to a new generation of multi-chain developer tools and complex dApps. â Ethereum introduced programmable money; Axelar introduces programmable interoperability.
âą Axelar partners with OpenZeppelin to develop open standards for cross-chain interoperability. â This allows all developers to benefit from standards that connect any cross-chain network, not just Axelar.
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