Zurich, Switzerland, 17 January 2025, Pakinomist
Hyperbridge extends token offering deadline, token generation event set for Q1 2025
Following the successful launch of its mainnet and Gateway Token Bridge, Hyperbridge announces the extension of its Initial Relayer Offering (IRO) deadline to February 28, 2025. This decision comes in response to overwhelming demand with over 52 million tokens out of the total 100 million supply already sold.
The expansion offers potential participants a limited opportunity to join the Hyperbridge network, with early buyers still eligible for bonuses. As Hyperbridge expands its reach, this expansion provides a final window for supporters to secure their position in the ecosystem.
- 50% Bonus Already Claimed: Early entrants who joined before the original deadline secured a 50% token bonus, a testament to Hyperbridge’s commitment to rewarding early adoption.
- 15% Bonus Available: There is a limited opportunity for participants to receive a 15% bonus on their token purchases.
“We’ve been thrilled with the incredible support from our community so far,” said Seun Lanlege, founder of Polytope Labs. “Selling over 52 million tokens is a huge milestone and with the expansion we are excited to welcome even more relays to the Hyperbridge network ahead of our Token Generation Event in Q1.”
Hyperbridge’s mainnet launch marks a remarkable advance in its journey towards transforming blockchain interoperability. The protocol has integrations with many ecosystems, including , Optimism, Arbitrum, Base, BNB Chain, zkVerify, Gnosis, Bifrost and more.
The Gateway Token Bridge is already live, enabling secure, scalable token transfers across chains, messages and state queries. These integrations position Hyperbridge as a key contributor to the development of cross-chain applications.
Hyperbridge is set to hold its Token Generation Event in Q1 2025, and participants in the IRO will be among the first to receive their tokens, opening up the opportunity to actively engage with the protocol.
With its advanced zk technology and focus on security, Hyperbridge has already seen rapid adoption, supported by integrations across major blockchain ecosystems. The protocol’s hub model ensures scalability and reliability and attracts developers, DAOs and DeFi projects looking for robust cross-chain solutions.
Regarding the tool for the Hyperbridge token, $BRIDGE: A minimal BRIDGE token fee is required for transactions. So transactions such as cross-chained messages, storage queries, and state reads will use the token. Tokens collected as transaction fees are used to fund incentives and rewards for both relayers and block producers. Therefore, the token is planned to have zero inflation. The token will also be used for governance.
For more information, users can visit Hyperbridge (
About Hyperbridge
Hyperbridge is a cryptoeconomic coprocessor for secure, verifiable interoperability powered by consensus and proof-of-stake. Hyperbridge is HTTPS for blockchain interoperability, providing developers with onchain and off-chain SDKs for securely sending cross-chained messages (POST requests) and reading on-chain storage (GET requests).
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About Polytope Labs
Polytope Labs is a collective of researchers and engineers founded by core developers of Ethereum, , and IBC. Focused on solving fundamental infrastructure issues that continue to hold the crypto industry back, such as interoperability, scalability and privacy. The team believes that Web3 is the next evolutionary step of the Internet, and is fully committed to promoting truly decentralized technologies.
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ContactJonathan Duran[email protected]
