Axelar community launches expansion plan proposal

Odaily Planet Daily News According to the official governance interface, the Axelar community initiated an expansion plan proposal, which proposes short-, medium- and long-term scalability plans to maintain a strong and decentralized technical infrastructure. Short-term plan: Modify the network’s inflation parameters. At the same time, a Gas burning mechanism is introduced to offset inflation and further maintain the strong decentralization of the network; mid-term plan: transition to establishing connections within virtual machine smart contracts, and replace inflation rewards with a clear reward pool for each new chain; long-term plan: Expand use of more lightweight client connections where appropriate.