# What is AXEL
**Powering Hyper-deflation and bonded liquidity system with buy and burn and high staking payouts**
AXEL, built on PulseChain, is a hyper-deflationary token with a daily auctions system on top of [XBURN](https://xburn.win). It features a capped total supply of around 1.805 billion. The entire supply of AXEL tokens is distributed in the first 14 days of the protocol's existence, triggering a fast deflation afterwards with a big buy and burn and high staking rewards.
**AXEL has 5% tax applied for all transactions excluding claim and deposit:**
2.5% from tax will be redirected to Payouts\
1% will charge Jackpot for Blockchain Dev Simulator winners\
1% AXEL BURN\
0.5% XBURN BURN
**AXEL's Pumpamentals:**
💥 Buy and burn and additional buy pressure through liquidity bonding with constant fulfillment of Axel Vault and tax, makes AXEL superior compounding machine.
🔥 High payouts for AXEL stakers & daily rewards for XBURN stakers
🔥 Hyper-deflation after 14 days
🎯 Capped supply of around 1.8 billion (1.805 billion exactly)
⏳ Full token distribution in 14 days
🟢 100% fair launch
♻️ AXEL Vault ensures perpetual auctions with deflationary tokenomics
⚡️ AXEL is powered by PLS; further liquidity bonding with XBURN and pVOLT amplifies the buy and burn with synergistic effect
# Token Distribution
The entire supply of AXEL tokens is minted with PLS within the first 14 days, with no additional tokens created afterward. This makes AXEL deflationary quickly.
AXEL will use PLS as entry to deposit in the auction.
**PLS Distribution:**
* 62%[ Buy/Burn/Feed](/buy-and-support-and-burn-and-feed)
* 25% goes to [Payouts Pool](/axel-staking-payouts) for AXEL stakers
* 7% Genesis (marketing, promotion, team reward)
* 6% goes to buy XBURN off the market and boost [XBURN Vault](https://docs.xburn.win/about/publish-your-docs/perpetual-daily-auctions)
**AXEL Token Distribution:**
* **Max Supply:** 1.8 billion tokens (exactly 1,805,000,000)
* **Liquidity Wallet:** 200 million tokens (to be paired with WPLS and other main PulseChain coincs, but also XBURN/pVOLT)
* **Starting Liquidity:** 5 million tokens paired with AXEL/WPLS LP.
* **Vault:** 200 millions tokens initially minted to ["AXEL Vault"](/axel-vault)
* **Stage 1 (Days 1-14):** 100,000,000 AXEL tokens auctioned daily.
* **Stage 2 (Day 15 onward):** All auctioned AXEL tokens come from ["AXEL Vault"](/axel-vault)
# AXEL Vault
"AXEL Vault" is the magic behind AXEL tokenomics, that insures a perpetual auction with a deflationary token.
#### AXEL Vault
* **Source**: After the initial 14-day period, AXEL Vault is the exclusive source for auction tokens.
* **Starting Supply**: AXEL Vault begins with 200 millions tokens.
* **Daily Auction**: 20% of the tokens in AXEL Vault are available for auction each day after Day 14.
* **Token Entry**: Tokens enter AXEL Vault when purchased via AXEL's Buy and Burn/Feed mechanism.
* **Recycling Mechanism**: 67% of tokens acquired from the liquidity pool through the [Buy and Burn/Feed](/buy-and-support-and-burn-and-feed) are sent to AXEL Vault.
# AXEL Staking - Payouts
Earn Pulse Yield from 3 Payout Pools.
#### AXEL Staking Overview
* **Staked Token:** AXEL
* **Staking Reward:** PLS
#### Staking Mechanics
* **Payment Method:** During daily auctions, payment is made in PLS. PLS is allocated to the PLS Payouts Pools for staking rewards.
* **Share Acquisition:** Users gain shares in the staking contract upon staking AXEL tokens.
#### Locked Staking Terms
* **Minimum Staking Period:** 37 days.
* **Maximum Staking Period:** 1777 days.
**Payouts Pools**
**25% from deposited PLS is going to charge Payouts Pools:**
* **7th day:** 35%
* **77th day:** 35%
* **177th day:** 30%
Payouts are perpetual, it means that funds are being distributed in each 7th da
#### Staking Bonuses
* **Bonus Structure:** Users earn a staking bonus in addition to regular staking rewards.
* **Bonus Range:** 1% (minimum) to 300% (maximum).
* **Bonus Determination:** The bonus amount is based on staking duration - longer stakes yield higher bonuses.
* **Bonus Distribution:** The staking bonus increases evenly over a period from 37 to 1,777 days.
### Frequently Asked Questions about Staking AXEL Tokens
1. **What is the staked token and the reward for staking?**
* Staked Token: AXEL
* Staking Reward: PLS
2. **How is the PLS portion used during auctions?**
* The PLS paid during auctions is distributed into staking rewards, Buy & Burn & Grow, liquidity bonding, genesis
3. **What happens when you stake AXEL tokens?**
* Users acquire shares in the staking contract when they stake AXEL tokens.
4. **What are the terms of the Locked Staking mechanism?**
* Minimum staking period is 37 days, and the maximum is 1,777 days.
5. **Is there a bonus for staking?**
* Yes, there's a staking bonus ranging from 1% to 300%, increasing with the length of the stake.
6. **When are staking rewards distributed?**
* Rewards are distributed every 7, 77, and 177 days.
7. **Does the number of shares affect the staking reward?**
* Yes, the more shares a staker has, the higher their staking reward.
**In the future there will be an option for users to burn their stakes as a part of exchange.**
# XBURN Staking - Daily Rewards
Earn XBURN tokens as a Daily Reward
**2% from all AXEL transactions (excluding claim/deposit) are going to reward XBURN stakers in XBURN tokens.**
**Penalties**
In order to unstake XBURN, you need to pay 1% fee for every withdrawal. 1% of fee is going to XBURN Vault.
# Buy & Support & Burn & Feed
Fuel the Fire: Decentralize, Burn, and Build the Axel Revolution
AXEL combines a deflationary asset with massive buy pressure from the value coming into the protocol.
#### **Buy and Burn/Feed Mechanism**
* **62% of PLS Value**: Allocated to the Buy and Grow/Burn/Feed mechanism.
* **Two Components**:
* **Buy and Burn/Feed**: 55% buys AXEL off the market, 33% of AXEL tokens purchased from the liquidity pool AXEL/WPLS are burned. 67% of tokens purchased from the LP are placed in AXEL Vault for future auctions starting from Day 14.
* **Buy and Grow**: 7% of PLS from deposit goes to Liquidity Wallet to make AXEL liquidity thick
#### Initial buy and burn (Days 1-10)
* **Daily Allocation**:
* **Day 1**: no burn on day 1
* **Day 2**: 42% of the balance is used.
* **Day 3**: 39% of the balance is used.
* **Day 4**: 36% of the balance is used.
* **Day 5**: 33% of the balance is used.
* **Day 6**: 30% of the balance is used.
* **Day 7**: 25% of the balance is used.
* **Day 8**: 20% of the balance is used.
* **Day 9**: 17% of the balance is used.
* **Day 10 onward**: 15% of the balance is used.
* **Buy and Burn Calculation:**
* Each day’s buy pressure is calculated as a percentage (e.g., 39%) of the remaining balance after subtracting the previous day's buy pressure.
* % of (Balance - current pressure)
* For example:
* Day 3: Buy pressure = 39% of (Balance - Day 2's buy pressure)
* Day 10: Buy pressure = 18% of (Balance - Day 9's buy pressure)
This approach introduces unpredictability and allows for fluctuating buy-and-burn amounts, with some days experiencing slightly larger burns. This all done in a fully decentralised and predicable way.
#### Post Initial buy and burn (Day 10 Onwards)
* **Daily Usage**:
* From Day 10 onwards, 15% of the Buy and Burn/Build balance is utilized each day.
* The daily balance is divided into 288 parts, released every 5 minutes.
Please bear that in mind that these are initial settings for BNB, they might be changed for the good of protocol if there will be such need.
# Multi-chain P2P Lending Platform
Decentralized multi-chain lending protocol where users acting as lenders and borrowers will be able to create customized lending inquiries or lending auctions. Customization will include interest rates, length of loan, as well as type of collateral. Lending protocols will work only as brokers between lenders and borrowers.
Lending Platform will be launch on chains:
* **PulseChain**
* **Ethereum, Base, Arbitrum**
* **Solana**
Part of charged fees from lending protocols from different chains will be bridged to PulseChain to support ecosystem, among others:
* boost payouts for AXEL stakers
* boost rewards for XBURN stakers
* boost BNB of AXEL
Please note that whitelist & launch schedule might be updated according to market dynamics.
# Axel Lending Vaults
#### Overview
This document provides comprehensive instructions for using Vaults on the Axel Lending Platform. Vaults allow lenders to create automated lending pools and borrowers to take loans against collateral. Each section describes navigation paths and button interactions to perform key actions.
### 1. Creating a Vault (As Lender)
🧭 **Navigation:** Vaults → Manage Vaults
📝 **Steps:**
1. Click "Create New Vault" button (top of manage page)
2. Fill in vault details:
* Loan Token: Select token to lend (eUSDC, PLSX, AXEL, HEX, etc.)
* Initial Deposit: Amount to deposit initially
* Interest Rate: Annual interest rate
* Loan Duration: Min/Max loan duration (1-365 days)
* Collateral Tokens: Up to 3 accepted collateral types
* Collateral Ratios: Minimum collateral ratio for each token
* Liquidation Thresholds: Liquidation trigger point
3. Click "Create Vault" to submit
4. Approve token allowance if prompted
5. Confirm transaction in wallet
6. Pay vault creation fee
✅ **Result:** Your vault is created and appears in "Manage Vaults" tab. Borrowers can now take loans from your vault.
### 2. Creating a Vault Inquiry (As Borrower)
🧭 **Navigation:** Vaults → Browse Inquiries → Create Inquiry
📝 **Steps:**
1. Click "Create Inquiry" button in Browse Inquiries tab
2. Fill in inquiry details:
* **Loan Token:** Select token you want to borrow
* **Loan Amount:** Amount you want to borrow
* **Collateral Tokens:** Select up to 4 tokens you can offer as collateral
* **Loan Duration:** Duration in days (1-365)
* **Interest Rate Range:** Min/Max APR you're willing to pay
* **Comment:** Optional description of your loan request
3. Review inquiry details and fees
4. Click "Submit Inquiry" to create
5. Pay inquiry creation fee
6. Confirm transaction in wallet
✅ **Result:** Your inquiry is created and visible to vault owners. Matching vaults will be displayed, and vault owners can make offers on your inquiry.
### 3. Managing Your Vault Inquiries
🧭 **Navigation:** My Loans → Vault Inquiries tab
📝 **Steps:**
**View Your Inquiries:**
* All your active inquiries are listed with status
* See matching vaults and available offers
* Track inquiry expiration time (14 days)
**Respond to Offers:**
* Click "Check Offers" to see available vault offers
* Review loan terms from matching vaults
* Click "Take Loan" on preferred vault offer
* Follow standard loan process (collateral approval, etc.)
**Share Your Inquiry:**
* Use the share button to post inquiry on X (Twitter)
* Copy inquiry link to share with potential lenders
* Inquiry URL format: `/inquiries/[id]`
✅ **Result:** You can actively manage and promote your loan requests to find the best lending terms.
### 4. Responding to Vault Inquiries (As Lender)
🧭 **Navigation:** Vaults → Browse Inquiries
📝 **Steps:**
**Browse Available Inquiries:**
* View all active loan requests from borrowers
* Filter by loan token, collateral, duration, and interest rate
* See inquiry details including collateral offered and APR range
**Make an Offer:**
* Click "Issue an offer" on suitable inquiries
* This redirects to the specific inquiry page (`/inquiries/[id]`)
* Review borrower's requirements and matching vault conditions
* If your vault matches, borrower can take loan directly
**Monitor Your Vault Performance:**
* Check which inquiries match your vault criteria
* See potential loan volume from active inquiries
* Adjust vault parameters to attract more borrowers
✅ **Result:** You can proactively find borrowers and optimize your vault settings for better utilization.
### 5. Depositing Funds to Vault (As Lender)
🧭 **Navigation:** Vaults → Manage Vaults → Your Vault
📝 **Steps:**
1. Find your vault in "Manage Vaults" tab
2. Click "Deposit Funds" button on your vault card
3. Enter deposit amount
4. Click "Deposit" to submit
5. Approve token allowance if prompted
6. Confirm transaction in wallet
✅ **Result:** Funds are added to your vault, increasing available lending capital.
### 6. Withdrawing Funds from Vault (As Lender)
🧭 **Navigation:** Vaults → Manage Vaults → Your Vault
📝 **Steps:**
1. Find your vault in "Manage Vaults" tab
2. Click "Withdraw" button on your vault card
3. Choose withdrawal type:
* **Loan Token Withdrawal:** Withdraw your deposited loan tokens
* **Custom Token Withdrawal:** Withdraw other tokens (fees, liquidated collateral)
4. Enter withdrawal amount
5. Click "Withdraw" to submit
6. Confirm transaction in wallet
✅ **Result:** Requested tokens are transferred to your wallet.
### 7. Managing Vault Settings (As Lender)
🧭 **Navigation:** Vaults → Manage Vaults → Your Vault
📝 **Steps:**
**Add Collateral Token:**
1. Click "Add Collateral" button on your vault card
2. Select new collateral token
3. Set collateral ratio and liquidation threshold
4. Click "Add Collateral Token"
5. Confirm transaction in wallet
**Deactivate/Reactivate Vault:**
1. Click "Deactivate Vault" to stop new loans
2. Click "Reactivate Vault" to resume lending
3. Confirm transaction in wallet
**Copy Vault Link:**
1. Click "Copy Link" button to share your vault URL
2. Link is copied to clipboard for sharing
**Share Vault on X (Twitter):**
1. Click the "X" icon button on your vault card
2. This opens X (Twitter) with a pre-filled tweet about your vault
3. Customize the tweet message if desired
4. Post to share your vault with the community
✅ **Result:** Vault settings are updated according to your changes, and you can promote your vault on social media.
### 8. Taking a Loan from Vault (As Borrower)
🧭 **Navigation:** Vaults → Browse Vaults
📝 **Steps:**
1. Browse available vaults in "Browse Vaults" tab
2. Use filters to find suitable vaults:
* **Loan Token:** Filter by desired loan token
* **Collateral Token:** Filter by your available collateral
* **Duration:** Filter by loan duration range
3. Click "Take Loan" button on desired vault
4. Fill in loan details:
* **Loan Amount:** Amount you want to borrow
* **Collateral Token:** Choose from vault's accepted collateral
* **Collateral Amount:** Required collateral (auto-calculated)
* **Loan Duration:** Duration within vault's range
5. Review loan terms and liquidation risk
6. Click "Take Loan" to submit
7. Approve collateral token allowance if prompted
8. Confirm transaction in wallet
✅ **Result:** Loan is created, collateral is locked, and loan tokens are sent to your wallet. You can now visit the My Loans section to track your active borrowing positions.
### 9. Managing Active Loans (As Borrower)
🧭 **Navigation:** My Loans section
📝 **Steps:**
**Add More Collateral:**
1. Navigate to My Loans section
2. Find your active loan in the loans table
3. Click "Add Collateral" button
4. Enter additional collateral amount
5. Click "Add Collateral" to submit
6. Approve token allowance if prompted
7. Confirm transaction in wallet
**Repay Loan:**
1. Navigate to My Loans section
2. Find your active loan in the loans table
3. Click "Repay Loan" button
4. Approve token allowance if prompted
5. Confirm transaction in wallet
✅ **Result:** Collateral is increased or loan is repaid and collateral is returned. All your borrowing activity is tracked in My Loans.
# Contract Addresses
PulseChain:
**Lending Vault Aggregator:** 0x322B6f1B1afBC78a1E580Af4f66F8D0527d8F277
Base:
**Lending Vault Aggregator:** 0x830756E5b7eFe341E6E288D8cfF7765e682d63B6
# Launchpad
The All-in-One Platform for Token Creation and Passive Income on PulseChain. AXEL Launchpad empowers both creators and investors with intuitive tools that require no coding experience. Build customizable tokens instantly without hiring developers or waiting for contract development. Make changes yourself anytime without developer assistance - you maintain complete control. Your blockchain journey starts here – simple, powerful, and completely in your hands.
[launchpad.axel.win](https://launchpad.axel.win/)
# The Power Treasury
The Power Treasury is a revolutionary economic engine that captures 100% of fees generated by AXEL Launchpad and AXEL Lending Platform. Unlike traditional platforms where fees benefit only the developers, The Power Treasury redistributes value across the entire ecosystem, creating a sustainable cycle of growth and rewards for all participants.
By directing platform fees to strategic ecosystem development, token buybacks, staking rewards, and burning mechanisms, The Power Treasury creates constant buying pressure for ecosystem tokens while supporting ongoing platform development and expansion.
The Power Treasury distribution in 1st phase:
* 10% used to buy [AXEL](https://axel.win/) and Burn
* 30% directed to [AXEL payouts](https://axel.win/payouts)
* 30% allocated to Continuity Fund
* 15% used to buy [XBURN](https://xburn.win/) for [XBURN stakers](https://axel.win/stake) (+2% from AXEL tax)
* 15% used to buy [XBURN](https://xburn.win/) and Burn
\
Distribution might be changed in the future!