Gasp will airdrop 3% GASP to MGX testnet token holders, and another 4% will be used for early community incentives

Gasp, a cross-chain exchange protocol based on EigenLayer, is launching a cross-chain communication platform that can provide enterprises and individuals with a large amount of funds and high-speed transactions. In April, Gasp (formerly Mangata Finance) announced the completion of a $5 million private placement financing round, with participation from Polychain Capital, CMS Holdings, Master Ventures, TokenMetrics, and Cluster Capital. Sources said that this financing round brought Gasp's FDV to $80 million.