What capabilities does Axelar Network provide

Axelar Network provides seamless interoperability between arbitrary blockchains with just a single gateway. Axelar's unique architecture eliminates the need for individual bridges for each pair of blockchains - as soon as a new chain is integrated into the network, it becomes available to all users of all other blockchains connected to the Axelar Network.

The main task of Axelar Network at the first stage of its development is to create an ecosystem that ensures seamless transfer of assets between any blockchains. If users can use any asset in any DeFi application without even noticing the boundaries between blockchains, then it will be possible to say that a system of decentralized finance has finally matured.

In addition, Axelar Network also provides cross-chain interoperability for decentralized applications. Thanks to this, the entire DeFi community gets a whole set of unique features:

Developers of blockchain platforms get plug-and-play integration of their blockchains into a single ecosystem and free access to other chains.

DApps developers can deploy their applications in any blockchain convenient to them, while their application will be able to freely exchange assets and data with any blockchains and other decentralized applications.

Users get the opportunity to interact with applications in the entire ecosystem, regardless of the blockchain in which a particular application is created, directly from their wallet.

As a result, an ecosystem is created in which the boundary between Bitcoin, Ethereum, BSC and other blockchains is blurred, and DeFi turns into a single seamless ecosystem. At least from the point of view of dApps users and developers.

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