Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
  • DIRECTORY
  • CRYPTO
    • ETHEREUM
    • BITCOIN
    • ALTCOIN
  • BLOCKCHAIN
  • EXCHANGE
  • TRADING
  • HACKING
  • SLOT
  • CASINO
  • SUBMIT
Crypto Flexs
Home»CRYPTO NEWS»Polkadot Rollup, Hyperbridge Expands Initial Relayer Offerings After Sale of Over 52 Million Tokens
CRYPTO NEWS

Polkadot Rollup, Hyperbridge Expands Initial Relayer Offerings After Sale of Over 52 Million Tokens

By Crypto FlexsJanuary 17, 20253 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Polkadot Rollup, Hyperbridge Expands Initial Relayer Offerings After Sale of Over 52 Million Tokens
Share
Facebook Twitter LinkedIn Pinterest Email

Zurich, Switzerland, January 17, 2025, Chainwire

Hyperbridge extends token offering deadline, sets token creation event for Q1 2025

Following the successful launch of the mainnet and gateway token bridge, Hyperbridge has announced an extension of the Initial Relay Offering (IRO) deadline to February 28, 2025. This decision was made in response to overwhelming demand for over 52 million of the total 100 tokens. One million supplies have already been sold.

This expansion offers potential participants a limited-time opportunity to join the Hyperbridge network, with early buyers still eligible for bonuses. As Hyperbridge expands its reach, this expansion provides a final outlet for supporters to secure their place within the ecosystem.

  • 50% Bonus Already Claimed: Early participants who joined before the initial deadline secured a 50% token bonus. This demonstrates Hyperbridge’s commitment to rewarding early adoption.
  • 15% Bonus Available: There remains a limited opportunity for participants to receive a 15% bonus when purchasing tokens.

“We are thrilled with the tremendous support from the community so far,” said Seun Lanlege, founder of Polytope Labs. “Selling over 52 million tokens is a significant milestone, and with this expansion we are excited to welcome more relayers to the Hyperbridge network ahead of our Q1 token generation event.”

Hyperbridge’s mainnet launch marks a notable step forward in the journey to transform blockchain interoperability. The protocol is integrated with many ecosystems, including Ethereum, Optimism, Arbitrum, Base, BNB Chain, zkVerify, Gnosis, Bifrost, and more.

The Gateway Token Bridge is already live, enabling secure and scalable cross-chain token transfer, messaging, and state queries. These integrations position Hyperbridge as a key contributor to the advancement of cross-chain applications.

Hyperbridge plans to host a token creation event in Q1 2025, where IRO participants will be among the first to receive tokens and have the opportunity to actively participate in the protocol.

With its advanced zk technology and focus on security, Hyperbridge has already seen rapid adoption with integrations across major blockchain ecosystems. The protocol’s hub model ensures scalability and stability, attracting developers, DAOs, and DeFi projects looking for powerful cross-chain solutions.

$BRIDGE utility of Hyperbridge token: Transactions require a minimum BRIDGE token fee. Therefore, transactions such as cross-chain messages, storage queries, and state reads use tokens. Tokens collected from transaction fees are used to provide incentives and rewards to both relayers and block producers. Therefore, the token is planned to have zero inflation. Tokens are also used for governance.

For more information, see Hyperbridge (https://app.hyperbridge.network/sale).

Introduction to Hyperbridge

Hyperbridge is a cryptocurrency coprocessor for secure and verifiable interoperability based on consensus and storage proofs. Hyperbridge is the HTTPS of blockchain interoperability, providing developers with on-chain and off-chain SDKs to securely send cross-chain messages (POST requests) and read on-chain storage (GET requests).

website, twitter

Introduction to Polytope Lab

Polytope Labs is a collective of researchers and engineers founded by key developers of Ethereum, Polkadot, and IBC. We focus on solving fundamental infrastructure issues that continue to hinder the cryptocurrency industry, such as interoperability, scalability, and privacy. The team believes Web3 is the next evolutionary step for the Internet and is committed to advancing truly decentralized technology.

website, twitter

contact

Jonathan Duran
Jonathan@distractive.xyz

Polkadot Rollup, Hyperbridge, Extends Initial Relayer Offering After Selling Over 52 Million Tokens

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

Related Posts

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025
Add A Comment

Comments are closed.

Recent Posts

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025

Lowkick Studio Launches $SHARDS Token On Top Tier Exchanges For WorldShards MMORPG

September 5, 2025

The cryptocurrency is falling when the tokens and stocks connected to Trump are under pressure.

September 5, 2025

Cango Inc. Reports Second Quarter 2025 Unaudited Financial Results

September 5, 2025

Coindesk July 2025 Report: Stablecoins and CBDC

September 5, 2025

NOWPayments To Participate In SiGMA Europe Rome 2025

September 4, 2025

Web3 Enabler Announces Blockchain Payments V3.1 At Northeast Dreamin In Boston

September 4, 2025

Is XRP The Dark Horse Of The Cryptocurrency World? Earn 652 XRP Daily Using Invro Mining’s Smart Contract

September 4, 2025

TRX Was Early, ETH Set The Standard, BNB Built The Scale- Now SYC Brings The Next Evolution

September 4, 2025

Crypto Flexs is a Professional Cryptocurrency News Platform. Here we will provide you only interesting content, which you will like very much. We’re dedicated to providing you the best of Cryptocurrency. We hope you enjoy our Cryptocurrency News as much as we enjoy offering them to you.

Contact Us : Partner(@)Cryptoflexs.com

Top Insights

The 320K holder of the WAVERS & Cardano Price Surges Surges BlockDag signals the next large encryption.

September 6, 2025

RLUSD Stablecoin is extended to Africa to supply power to the border between the border.

September 5, 2025

Bybit Establishes New B2B Unit To Drive Institutional Adoption Of Digital Assets

September 5, 2025
Most Popular

Beincom starts a 300m BIC token air drop to lead the adoption of Web3.

March 25, 2025

Solana’s Forkai memecoin launch brings insider wallet net worth estimated at $20 million

January 4, 2025

Bitcoin miner Riot Platform generated record total revenue of $281 million in 2023.

February 24, 2024
  • Home
  • About Us
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms and Conditions
© 2025 Crypto Flexs

Type above and press Enter to search. Press Esc to cancel.