TXL

TXL Token

The TXL token is the fuel for the Autobahn Network.
Thereby TXL stands for "Transaction Lane" (In the past, the symbol "TXL" was utilized as "Tixl", the organization that initially developed the Autobahn Network: Tixl gGmbH. With the project rebranding from Tixl to Autobahn Network, the meaning of TXL has changed from "Tixl" to "Transaction Lane").
The TXL token has a maximum supply of 600m, is deflationary and was an integral part of the Cross-Chain Bridge launch. TXL has or will have different use cases:
  • TXL delegated Proof of Stake to run parts of the bridge network (in planning)
  • Bridge Network Governance
  • From all products using Cross-Chain Bridge network or technology, respectively, the TXL token gets a fee share.
    • In the Cross-Chain Bridge, 15% of protocol incentive or bridging fees are collected to Buy-Back-and-Burn TXL.
    • If developers want to use Cross-Chain Bridge interoperable smart contracts, a certain fee will be taken for TXL Buy-Back-and-Burns
    • The fees dedicated to Buy-Back-and-Burn will be collected in the ERC20 bridge and will only be pulled to Buy-Back-and-Burn contract when we trigger a BuyBackAndBurn for this specific token.
TXL Contract Addresses:
  • Ethereum: 0x8eEF5a82E6Aa222a60F009ac18c24EE12dBf4b41
  • Binance Smart Chain: 0x1ffd0b47127fdd4097e54521c9e2c7f0d66aafc5
  • Polygon: 0x8eef5a82e6aa222a60f009ac18c24ee12dbf4b41
TXL Network Explorers:
TXL Trading Links:
TXL DEXTools Links with Price Chart & Transactions:
TXL Tokenomics:
More information about the TXL Token Supply and use of funds can be found here.
TXL hodler benefits:
  1. 1.
    Plenty of options to earn passive income.
  2. 2.
    TXL gets a Farm with a high multiplier. This attracts TXL liquidity which locks TXL and makes larger amounts of TXL bridgeable.
  3. 3.
    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 and 15% of all protocol incentive or bridging fees (independent of the asset bridged) will be used for TXL Buy-Back-and-Burns.
  4. 4.
    With every NFT Bridge transfer, a bridging user pays a protocol incentive or NFT bridging fee. The fees collected from NFT bridgings are (fully) used for TXL Buy-Back-and-Burns. In the first phase after launch, NFT fees will be manually set to 0...as a marketing campaign.
  5. 5.
    Not every project or token gets a Farm — only those that are important for the Cross-Chain Bridge or after a successful application. If a project application is accepted, the project needs to allocate a certain number of their tokens to the corresponding Reward Pool. This leads to higher APRs in the Reward Pool, makes the BRIDGE token more attractive to farm or buy, and eventually makes it more attractive to provide liquidity. This leads to more bridgings, more protocol incentive or bridging fees (and a greater number of projects interested in using the Cross-Chain Bridge) and thus more TXL Buy-Back-and-Burns, etc.
  6. 6.
    There will be some network governance model in the future.
  7. 7.
    There will be TXL Staking to run Cross-Chain Bridge nodes from the decentralized network that is hosting it, which will help to secure and decentralize the bridging network.
  8. 8.
    In addition, the TXL token will benefit from any product using Cross-Chain Bridge's bridging technology or network, respectively, with a similar fee-sharing model.
TXL POLYGON Liquidity:
To have initial TXL Polygon liquidity inside the Cross-Chain Bridge, 1.25m TXL will be minted on Polygon. The same amount will be locked on the Ethereum network.
Last modified 2mo ago
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