Tokenomics
Autobahn Network Token (TXL)
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, the German Tixl Labs Organization, or Tixl gGmbH, respectively. With the project rebranding from Tixl to Autobahn Network, the meaning of TXL has changed from "Tixl" to "Transaction Lane").
The hard-capped TXL token benefits from all transaction fees, staking, and governance:
- PoS Staking in Autobahn Network nodes: Node hosters will earn BNB from each transaction which happens on the Autobahn Network.
- Autobahn Network Governance: Node hosters will be the governors of the Autobahn Network.
A side use case of TXL has been that 15% of all fees collected by the Cross-Chain Bridge (a different product initially launched by the German Tixl Labs Organization), are collected and used for TXL Buy-Back-and-Burns.
TXL Contracts & Links
TXL Contract Addresses:
- Ethereum: 0x8eEF5a82E6Aa222a60F009ac18c24EE12dBf4b41
- Binance Smart Chain: 0x1ffd0b47127fdd4097e54521c9e2c7f0d66aafc5
- Polygon: 0x8eef5a82e6aa222a60f009ac18c24ee12dbf4b41
TXL Network Explorers:
TXL Buy / Trading Links:
- TXL POLYGON via SushiSwap: https://app.sushi.com/swap?outputCurrency=0x8eef5a82e6aa222a60f009ac18c24ee12dbf4b41
- TXL ERC20 with Bank Account or Credit Card: https://transak.com/ (only works in countries where Transak has a license / is allowed to offer this service. Choose your Fiat currency and select TXL on the Ethereum Network.)
TXL Tracking Links
Circulating & Total Supply
The circulating supply for TXL can be defined as all tokens which are not in the treasury anymore and all tokens which are not time-locked in smart contracts.
Current total supply: 599,995,418 TXL
Release Schedule & Locks
Over time, all TXL will be distributed to the community. Until then, releases happen slowly to avoid inflation. The founder's wallets were fully locked for two years until mid 2021. Thereafter, only 1% are released monthly until 2029. The founders have yet to sell a single token, as can be seen on Etherscan.
TXL Precursor
The Tixl Labs Organization initially launched MTXLT as a BEP-2 token. In autumn 2020, a 1:1000 token split was performed.
Last modified 2mo ago