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Showing posts from April, 2021

Why is the TXL staking program so interesting

Introduction A few days ago, Tixl Org announced how they plan to implement their $TXL staking program. It is innovative and intends to appreciate the $TXL price in the short and mid term. In the long term, $TXL token will appreciate because there are so many other benefits and use-cases for it that it has no choice but to grow (I can discuss this in a future post). If you haven't read how the program will work, this this link . You might have read it but still don't see why it is so interesting. That's ok. I will try to explain below. But before I start any explanation, you first have to understand the ETH - BEP bridge. What is it? What does it do? Why is it needed? What benefit does it generate to Tixl project? The ETH - BEP bridge What is it? What does it do? I will use $TXL as an example. This token was created on top of the ETH blockchain. That means that, if you want to buy, sell or transfer $TXL, you will need to pay the ETH blockchain fees. Such fees are based on ETH