According to Foresight News, Gasp (formerly Mangata Finance), a cross-chain transaction protocol based on EigenLayer, announced that it will airdrop 3% of GASP tokens to holders of the MGX testnet (Mangata X) and reserve 4% of tokens for early community building incentives. In addition, the official will launch a cross-chain communication platform through Gasp, which can provide large amounts of funds and high-speed transactions for enterprises and individual retail users.

Foresight News previously reported that Gasp completed a $5 million private equity financing in April, with Polychain Capital and others participating in the investment.