Parasail and Axelar have reached a strategic integration, and launched the first DePIN cross-chain staking function.
News on November 8th, DePIN infrastructure Parasail has strategically integrated with the general interoperability platform Axelar and launched the first DePIN cross-chain staking function. This aims to provide users with a more convenient DePIN staking experience through Axelar's Interchain Token Service and SquidRouter, while also unlocking new opportunities for DePIN tokens in multi-chain ecosystems. Through this integration, Parasail will support users in executing token transactions and cross-chain staking in mainstream blockchain networks without needing to hold native DePIN tokens or hardware resources.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Turkmenistan passes crypto asset regulation bill, to take effect on January 1 next year
CME: BrokerTec U.S. active markets have resumed trading
CME: All markets remain suspended except for the BrokerTec EU market
A major whale switched from short to long on BTC, with a position valued at $91 million.
Trending news
MoreCrypto prices
More
