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Parasail Achieves Strategic Integration with Axelar and Launches First DePIN Cross-Chain Staking Feature

On November 8th, the DePIN infrastructure Parasail reached a strategic integration with Axelar, a universal interoperability platform, and launched the first DePIN cross-chain staking function, aiming to provide users with a more convenient DePIN staking experience through Axelar's Interchain Token Service and SquidRouter, while unlocking new opportunities for DePIN tokens in the multi-chain ecosystem. Through this integration, Parasail will support users to perform token transactions and cross-chain staking in mainstream blockchain networks without holding DePIN native tokens or hardware resources.