Yes, Wrapped Axelar (WAXL) can be allocated, but it requires conversion to its native form, AXL, before allocation. The process involves a few steps. First, ensure you have native AXL. If you hold AXL in an EVM wallet like MetaMask, it's wrapped AXL. You can convert it to native AXL using Squid, a liquidity router built on Axelar. Once you have native AXL in a Cosmos-compatible wallet like Ledger, Keplr, or Cosmostation, you need to select a validator to assign your tokens to on the Axelar network. After choosing a validator, enter the amount of tokens you wish to allocate and approve the transaction. The transaction is processed via the Tendermint consensus. You can verify your token allocation by checking the transaction hash on Axelarscan. Please note that if you want to reassign your allocated AXL, you must first remove it from its current assignment, a process that requires seven days and involves a small gas fee.

Yes, there are several platforms and projects that specifically utilize Wrapped Axelar (WAXL). Axelar aims to expand its reach and support the realization of its objectives. It is a blockchain that connects other blockchains, striving to deliver Web3 interoperability. Axelar seeks to bridge the blockchain ecosystems and enable applications to communicate across them without friction. Its native token, AXL, is recognized as WAXL in various platforms. WAXL is utilized in various blockchain gaming platforms for in-game transactions, which is a part of the gaming process.

Wrapped Axelar has a roadmap filled with planned developments for the future. The Axelar network, which powers Wrapped Axelar, intends to continue expanding its capabilities and partnerships. In the future, the Axelar ecosystem aims to host the Interop Summit, a conference aimed at bringing together developers who aim to contribute to the decentralized web. The Axelar Ecosystem Startup Funding Program is under consideration, with the intention of collaborating with various Web3 VCs to identify projects that aim to contribute to the decentralized web. Axelar aims to integrate new chains into its network, connecting various ecosystems in Web3. Other future developments include extending General Message Passing to Cosmos chains and dApps, aiming to collaborate with Circle to enhance application functionality across various blockchains on the decentralized web, and integrating with non-EVM blockchains. The team also aims to implement application-level security validation protocols for dApp developers.

Wrapped Axelar serves as a bridge between chains, allowing users to wrap their tokens from one chain and use them on another. This cross-chain functionality is crucial for decentralized finance (DeFi) applications and aims to enable seamless transactions across multiple chains. With Wrapped Axelar, users can participate in activities across various chains. This flexibility is particularly useful in the dynamic and ever-evolving world of cryptocurrencies. Wrapped Axelar seeks to support the development of decentralized finance by enabling the integration of different blockchain networks and intends to encourage innovation in the DeFi space. Wrapped Axelar is associated with the Axelar network, which is based on proof-of-stake consensus, and intends to provide a platform that aims for security and scalability.

Yes, Wrapped Axelar has undergone security audits that aim to enhance the safety measures for user interactions and the overall integrity of the platform. The technical security risk of Axelar is managed through various measures. It's worth noting that the upgradability of smart contracts through AxelarGatewayProxy.sol is controlled by a 4-of-8 multi-sig. Axelar is exploring the possibility of transitioning to a DAO governed by tokenholders. Axelar has a bug bounty program in place as part of its security measures. However, users should remain aware of the potential risks associated with bridge protocols.