All EVM-based layer 1 networks run or will run into scaling problems with increasing prices and usage. At the same time, they have established trust and security. Optimistic Rollups, offering fast and low fee transactions in a layer 2, with the security of the underlying layer 1, are the future - there will be tens or hundreds of those Rollups, each with huge traffic.Tixl is building the Layer 2 called Autobahn Network as an Optimistic Rollup with Solidity-based Smart Contracts for high-performance dApps. This layer 2 can and will be deployed to different EVM-based layer 1 networks. Tixl's DeFi dApp called Cross-Chain Bridge acts as the on-ramp and interoperable bridging layer from and to all other networks.The TXL token will be used for Staking and Governance. TXL Stakers earn parts of the transaction fees from each network transaction.
Apart from its high-performance Autobahn Network, a secure, reliable & decentralized bridging layer is needed to support the vision of maximum interoperability.As the second core product Tixl has thus built the Cross-Chain Bridge. It works with an innovative & secure bridge model with liquidity pools, a BRIDGE token to farm rewards, self listings for projects & many more innovative features. From the collected rewards, a significant portion is used to buy-back and burn the deflationary TXL token.Status: v2.0. Multiple networks & NFTs supported.Next: More networks, more decentralization, improved UI.
We believe that crypto mass adoption comes from an improved user experience in a high-performance, multi-chain future. Working on a) a L2 scaling technology that easily works for different Layer 1 networks and b) a Cross-Chain Bridge that connects all of them will contribute to this by offering fast, low-fee transactions in a decentralized and secure environment while all rollups and networks are connected.Imagine if you could connect your Ethereum Wallet to an Autobahn dApp, or use your Binance Smart Chain tokens on a Polygon DEX. Or pay with your Ethereum USDC in an e-commerce or onsite shop that only accepts Autobahn Network tokens. Or play Polygon-based play-to-earn games with your NFTs being in your Wallet on another chain. A user should not need to care where the tokens are and go — he/she should just connect the preferred wallet of choice and pay/play/trade/etc in whatever dApp/network.
Supply & Exchanges
The circulating supply is calculated by subtracting the tokens held by the Tixl gGmbH, and by the founders, from the total supply. The Tokenomics can be found here: TXL Tokenomics