The cross-chain protocol Gasp will airdrop 3% of GASP to holders of the MGX testnet era and reserve 4% of the GASP token supply for early community building incentives
PANews reported on July 12 that Gasp, a gas-free and MEV-protected cross-chain trading platform built on EigenLayer and Ethereum, recently announced a 3% GASP airdrop to holders of the MGX testnet era, and is exploring how to transfer liquidity providers from Mangata to Gasp, and retain 4% of the GASP token supply for early community building incentives. Gasp is a cross-Rollup protocol designed for exchanging cryptocurrencies between blockchains (including L2). The new Gasp protocol still uses Substrate technology, and Gasp also uses EigenLayer to achieve fast and secure transaction finality.
As reported in April, Gasp (formerly Mangata Finance) completed US$5 million in private financing, with Polychain Capital and others participating.
