# Axelar Airdrop

By [Honeybadger](https://paragraph.com/@honeybadger) · 2022-11-24

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[https://axelar.network/blog/announcing-the-launch-of-satellite](https://axelar.network/blog/announcing-the-launch-of-satellite)

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> **Axelar**
> 
> **$AXL Token**
> 
> **How to be eligible for the LayerZero $AXL airdrop?**

Axelar
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Recently, Axelar announced its upcoming airdrop with @Cryptocito, the most well-known influencer in Cosmos.

[https://twitter.com/CryptocitoClips/status/1592608600438231040](https://twitter.com/CryptocitoClips/status/1592608600438231040)

Even though they mentioned, \*\*“People that have bridged to Osmosis in the early days through Satellite will be eligible for an [$AXL](https://twitter.com/search?q=%24AXL&src=cashtag_click) airdrop.”, **I believe that there is still the possibility remaining to be eligible for this airdrop.**

**Reasons are:**

*   Axelar added axl-wrapped token liquidity to Osmosis in May 2022. Recently, $OSMO was listed on Binance on October 28th. It is obvious that potential users of Satellite have been coming to Osmosis more easily. In my opinion, it is pretty sure that Axelar team will incentivize people who bridge their assets via Satellite.
    
*   Plus, Sunny, the Founder of Osmosis has been consistently addressing the native stable tokens on Osmosis. It means that Cosmos does need native stable tokens on Osmosis. Before that comes into Osmosis, it would be important to see the demands of stable coins through $axlUSDC and $DAI.
    

[https://twitter.com/sunnya97/status/1594727933670744065?s=20&t=1UXxRhi-CVbuqPEkMhaZgQ](https://twitter.com/sunnya97/status/1594727933670744065?s=20&t=1UXxRhi-CVbuqPEkMhaZgQ)

[https://commonwealth.im/ion/discussion/7075-ion-30-proposal#:~:text=2)%20%24IOU%20%E2%80%93%20a%20dollar%2Dpegged%2C%20over%2Dcollateralized%20stablecoin%20on%20the%20model%20of%20DAI%2C%20solely%20backed%20by%20%24IBC.](https://commonwealth.im/ion/discussion/7075-ion-30-proposal#:~:text=2\)%20%24IOU%20%E2%80%93%20a%20dollar%2Dpegged%2C%20over%2Dcollateralized%20stablecoin%20on%20the%20model%20of%20DAI%2C%20solely%20backed%20by%20%24IBC.)

How to use Axelar Satellite?
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Following this step-by-step video to bridge your $USDC to Osmosis.

[![]({{DOMAIN}}/editor/youtube/play.png)](https://www.youtube.com/watch?v=2tJQQUnECD8)

**_Do your own research enough before you move on. Always be extra cautious of scammers._**

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*Originally published on [Honeybadger](https://paragraph.com/@honeybadger/axelar-airdrop)*