doc(releases): axelard v1.2.1

releases/axelard/2025-02-v1.2.0.md

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+# axelard v1.2.1
+
+|  | **Owner** |
+|-----------|------------|
+| **Created By** | @haiyizxx <[email protected]> |
+| **Deployment** | @RiceAndMeet <[email protected]> |
+
+| **Network** | **Deployment Status** | **Date** |
+|-------------|----------------------|----------|
+| **Devnet Amplifier** | - | 2025-02-07 |
+| **Stagenet** | - | 2025-02-07 |
+| **Testnet** | - | TBD |
+| **Mainnet** | - | TBD |
+
+[Release](https://github.com/axelarnetwork/axelar-core/releases/tag/v1.2.1)
+
+## Background
+
+Changes in the release:
+
+1. Burn transaction fees from circulation.
+2. Security patches to wasmd and CometBFT.
+
+## Deployment
+
+- wasmvm lib has been updated from `v1.3.1` to `v1.5.8`, make sure update the dependency if you are using the axelard binary.
+
+### Devnet Amplifier
+
+### Stagenet / Testnet / Mainnet
+
+## Checklist
+
+The following checks should be performed after the rollout
+
+- [ ] Verify that nodes are producing new blocks after the upgrade.
+- [ ] Check the denomination of burned fees in `burned-uaxl` on-chain using:
+```bash
+axelard q bank balances axelar1qqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqqecnww6
+```
+