Cross-Chain Bridge Value Creation $TXL holders

By Autobahn Network | L2 for BSC | AutobahnNetwork | 26 Oct 2021

$TXL holders and investors will benefit from the #CrossChainBridge v2.0 in many ways! 🚀 Curious? Here's our weekly Tixl Explained series, summing it all up.

Plenty of options to earn passive income: you can read about all of them & all the details in the Medium link provided.

With every Token Bridge transfer, a bridging user pays a protocol incentive or bridging fee. 15% of these fees go to the corresponding Liquidity Mining Pool, 70% go to the corresponding Reward Pool & 15% of all protocol incentive or bridging fees (independent of the asset bridged) will be used for $TXL Buy-Back-and-Burns.

With every NFT Bridge transfer, a bridging user also pays a protocol incentive or bridging fee. The fees collected from NFT bridgings are (fully) used for $TXL Buy-Back-and-Burns. As a marketing campaign to get more people for token bridgings, NFT bridgings will start with $0.00 fees though.

Stay tuned, we are planning many more features that benefit $TXL holders & investors. More will follow soon.