Hyperbridge Extends Token Offering Deadline

Hyperbridge Token Offering Extension

Hyperbridge has announced the extension of its Initial Relayer Offering (IRO) deadline to February 28th, 2025, driven by high demand. Over 52 million tokens have been sold from the total 100 million supply. This extension provides a final opportunity for participants to join the network, with early buyers eligible for bonuses.

Bonuses for Early Participants

Early adopters who participated before the initial deadline secured a significant 50% token bonus. A 15% bonus is still available for new participants. This bonus structure underscores Hyperbridge’s dedication to rewarding early engagement.

Mainnet Launch and Interoperability

Hyperbridge’s recent mainnet launch signifies a major step in enhancing blockchain interoperability. The protocol integrates with various ecosystems, including Ethereum, Optimism, and BNB Chain. The live Gateway Token Bridge supports secure, scalable cross-chain token transfers, solidifying Hyperbridge’s role in advancing cross-chain applications.

Upcoming Token Generation Event

The Token Generation Event is scheduled for Q1 2025. Participants in the IRO will be among the first to receive their tokens, enabling them to engage actively with the protocol. Hyperbridge's advanced zk-technology and security focus have driven rapid adoption across blockchain ecosystems.

Utility and Governance of $BRIDGE Token

The $BRIDGE token is essential for transactions within the network, including cross-chain messaging and storage queries. Transaction fees collected in tokens fund incentives and rewards, with a design for zero inflation. The token also plays a role in governance, contributing to the protocol’s sustainability and community involvement.

Hyperbridge continues to be a pivotal force in blockchain interoperability, offering robust solutions for developers, DAOs, and DeFi projects.