Parasail and Axelar reach strategic integration and launch the first DePIN cross-chain staking function
On November 8th, DePIN infrastructure Parasail announced a strategic integration with the universal interoperability platform Axelar, launching the first DePIN cross-chain staking function. The aim is to provide users with a more convenient DePIN staking experience through Axelar's cross-chain token service (Interchain Token Service) and Squid Router, 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 the need to hold DePIN native 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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