So, Revolut added a new course to the ‘Learn’ and earn portfolio, and this course introduces Axelar. If you don’t already know, Axelar is a pioneering network that will break down barriers for a whole new era of universal Web3 interoperability. That brings us to the focus of this article—Revolut Learn and Earn with Axelar.
In this course, you simply get to learn what Axelar can do, and then earn WAXL tokens after completing the quiz in your Revolut app. If you think these terms sound strange, that’s okay, but anyone can earn from it. No, you don’t have to know anything about Crypto to earn the free tokens.
Unfortunately, Revolut’s UK users are not rewarded for completing the courses.
This article primarily contains the Revolut Learn and Earn with Axelar answers that will earn you the reward. Don’t worry, it comes as pictures and texts so it is easy for anyone.
Revolut Learn and Earn with Axelar
For the seasoned trader, what is the Axelar network? Below is a Coinmarketcap definition:
Axelar network is a blockchain that connects blockchains, enabling universal Web3 interoperability. The network is secured using proof-of-stake consensus, and messages are routed and translated using permissionless protocols.
In Revolut’s Learn, you will understand, “How Axelar’s proof-of-stake consensus mechanism offers secure interchain communications, by following an approach based on decentralisation.” You will also get to know Axelar’s General Message Passing makes sure that applications can seamlessly integrate functionalities across chains, which results in a scalable, efficient, and interconnected interchain environment, in the words on Revolut.
Revolut Learn and Earn with Axelar Answers
By the way, before we go further, I wrote about the Learn & Earn with NEAR and Polkadot, so make sure to check that out and make some free money.
First of all, make sure that your Revolut app is up to date. If you don’t already have the app, install and sign up so you don’t miss this offer.
Once logged in, go to Home » Hub » Learn and select the Axelar course.
So, here, meet Axelar.
Here is the continuation of lesson 1. You can see that they progress like simple slideshows, and you can scroll down to read more.
And then the final page of Lesson 1, 3/3.
Whether you are a beginner or a pro, you should spend some time on the course to actually get to learn more.
Question 1: Which of the following can describe Axelar?
Revolut Learn and Earn with Axelar Answer: All of the above.
Question 2: What is the backbone of Axelar’s security approach?
Revolut Learn and Earn with Axelar Answer: Decentralisation.
Question 3: Which of the following is true?
Revolut Learn and Earn with Axelar Answer: With Axelar, applications can seamlessly integrate with any blockchain.
That’s it, we’re done with Lesson 1.
Click Lesson 2, The Axelar Token, to proceed.
On this page, slide left to see the Lesson.
Here we are in Lesson 2, 1/2, which talks about Utilities of the AXL token.
2/2 of Lesson discusses AXL token economics.
Now, we are ready to take the test.
Question 1: How does Axelar recognise validators and token holders who faithfully secure the network?
Revolut Learn and Earn with Axelar Answer: By attributing rewards and a share of fees for transactions on the network.
Question 2: Regarding Axelar’s token economics, which of the following is true?
Revolut Learn and Earn with Axelar Answer: The best structure for the network will be determined by Axelar tokenholders.
And done…, so we move on to Lesson 3, the final.
We swipe left to unveil the lesson.
Now, we are ready to take the quiz.
Question 1: How does Axelar improve on the security approach of first-generation bridges?
Revolut Learn and Earn with Axelar Answer: Using proof-of-stake validation.
Question 2: Which of the following is true about Aelar General Message Passing?
Revolut Learn and Earn with Axelar Answer: It allows applications to send and receive logic across different chains, promoting cross-chain integration.
Question 3: What differentiates Web3 development from traditional app development?
Revolut Learn and Earn with Axelar Answer: Web3 allows developers to integrate applications across blockchains, making a potential super app possible.
And that’s all, you now earned the tokens.
Should You Hold Your WAXL?
A few days back, I wrapped up a brief Revolut Learn and Earn with Axelar session. Normally, I transfer any rewards I earn straight to my main account. But this time, I decided to hold onto them and keep an eye on their performance. The value just kept climbing and hasn’t stopped since. It’s a reminder not to dismiss certain cryptos too quickly. However, many say it’s shitcoin. See the screenshot below:
Well, lately, the crypto market seems to be on an upswing, likely because more people are buying than selling. It’s a basic principle of how markets function: the price of something like Axelar depends on its demand.
If more people were selling it than buying, we’d see its value gradually decrease. But right now, the opposite is happening, and that’s driving the price up. Can’t tell how long that will last.