🎉Good news! Gasp, a cross-chain exchange protocol based on EigenLayer, is launching a cross-chain communication platform to provide large amounts of funds and high-speed transactions for enterprises and retail investors. 🚀As a native cross-rollup protocol, Gasp aims to facilitate gas-free, MEV-protected and fast cross-rollup swaps. 🔐It achieves this goal by leveraging technologies such as escape hatches, ZK proofs and decentralized sorters.
🎯What is special about Gasp is that it ensures trustless transactions through a decentralized mechanism, which enhances security and reduces risks compared to protocols with centralized single points of failure and other traditional bridging mechanisms. 🚫Gasp also eliminates the need for wrapped tokens.
📢Recently, the official announced an airdrop of 3% of GASP to MGX testnet era holders, and is currently exploring how to transfer LP providers from Mangata to GASP, and reserve another 4% of GASP supply for early community building incentives. 💰In April, Gasp (formerly Mangata Finance) announced the completion of a $5 million private placement financing, which brought Gasp's FDV to $80 million. 👏
We are optimistic about Bitcoin and look forward to Gasp's continued innovation in the blockchain industry and bringing more vitality to the cryptocurrency market! 🌟