Hyperbridge announces the extension of its Initial Relayer Offering deadline to late February 2025, with the token generation event scheduled for Q1 2025.
Extension of Hyperbridge Token Offering
Hyperbridge has decided to extend its Initial Relayer Offering deadline to February 28th, 2025, in response to high demand. Over 52 million tokens out of the total 100 million have already been sold. Participants who make a purchase before the deadline will still have the chance to receive bonuses.
Achievements and Plans of Hyperbridge
The launch of the mainnet and Gateway Token Bridge has been a significant step for Hyperbridge. These advancements enhance blockchain interoperability across networks like Ethereum and Optimism, elevating Hyperbridge's position in the cross-chain application landscape. The primary token generation event is set for the first quarter of 2025.
Role of $BRIDGE Token in the Ecosystem
The Hyperbridge $BRIDGE token will play a crucial role in transactions, including cross-chain messages and data queries. Tokens collected as transaction fees will be used for network participant incentives, with a deflationary model in place. Additionally, the token will allow for governance participation.
Hyperbridge has shown significant achievements in blockchain interoperability and continues to expand opportunities for its network participants.
