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The German Tixl Organization, with its TXL token, connects all blockchains. Key products are the Cross-Chain Bridge as well as the Autobahn Network (interoperable network named after German highway).
Combining Interoperability with DeFi, the Cross-Chain Bridge, Tixl’s first main product, is a multi-chain bridge model with liquidity pools and mining, a BRIDGE token to farm rewards, self listings for projects, NFT Support and other features.
Part of the collected protocol incentive fees are used to buy-back-and-burn TXL. All EVM-based layer 1 networks run or will run into scaling problems with increasing prices and usage.
The TXL token will be used for Staking and Governance. TXL Stakers earn parts of the transaction fees from each network transaction.