Axelar's Ecosystem Updates
Recently, several significant updates have been announced in Axelar's ecosystem. The blockchain company has teamed up with Mendi Finance to bring liquidity from any chain to Mendi on Linea. This news was shared on Mendi Finance's official Twitter page.
In another development, Axelar has integrated with Mobile Coin, as announced on Mobile Coin's Twitter account. This integration is set to enhance the functionality and convenience of transactions within the Axelar ecosystem.
Axelar has now powered cross-chain swaps on Synthswaps, a move that is expected to increase efficiency and speed in transacting across different chains. The announcement was made on Synthswaps' Twitter account.
Mummy Finance has also revealed an update where you can now buy MLP V2 with $axlUSDC, $axlUSDT, $axlWBTC, and $axlWETH, and earn $FTM. The most efficient path from axlUSDC TO FTM is now Morphex, as announced on Morphex's official Twitter account.
Axelar-backed Junkyard Project
The Junkyard project, backed by Axelar, is a new "dump-to-earn" initiative that transforms unwanted NFTs into ones that users want to hold. Users can "dump" their NFTs into the Junkyard or pay a small fee to fish for NFTs in the junkyard. The fees paid are used by Junkyard to seed the pile you fish from to reward users with valuable NFTs.
Axelar works on the backend by providing secure connections between Polygon & Ethereum making everything much more seamless! Users can get started on Junkyard by completing the latest Layer 3 Quest found on layer3.xyz.
The Summer of Swaps
It’s officially the Summer of Swaps! Axelar and Interswap have announced an AMA (Ask Me Anything) session on Twitter Spaces at 1pm UTC. Users are encouraged to tune in to find out why it's the Summer of Swaps.
Moreover, users who tune in can claim their free OAT on Galxe – dubbed as their coolest one so far. The information was released via a tweet from Axelar's official Twitter account.