Parasail and Axelar have reached a strategic integration, and launched the first DePIN cross-chain staking function.
News on November 8th, DePIN infrastructure Parasail has strategically integrated with the general interoperability platform Axelar and launched the first DePIN cross-chain staking function. This aims to provide users with a more convenient DePIN staking experience through Axelar's Interchain Token Service and SquidRouter, while also unlocking new opportunities for DePIN tokens in multi-chain ecosystems. Through this integration, Parasail will support users in executing token transactions and cross-chain staking in mainstream blockchain networks without needing to hold native DePIN tokens or hardware resources.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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