Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesCopyBotsEarn

Render Network will move from Ethereum to Solana, has allocated $2.6 million to subsidize user fees

CointimeCointime2023/11/02 17:06
By:Cointime

Render Network, a decentralized GPU rendering platform for 3D content creation, has announced that it will officially migrate from Ethereum to Solana, becoming one of the largest projects on the chain. Render has allocated 1.14 million RNDR (equivalent to $2.6 million at the current token price) to subsidize user fees during the upgrade period and use Wormhole to facilitate asset transfers between chains. This move enables Render to leverage Solana to improve the processing efficiency of its global GPU network and achieve lower transaction costs.

1

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.

PoolX: Stake to earn
CEC, QTLX, GDV and other popular new coins are in hot progress!
Stake now!

You may also like

Turkish Capital Markets Board Publishes New Regulations For Cryptocurrency Exchanges

According to a new official document published by the CMB, there will be significant changes in the cryptocurrency field.

Bitcoinsistemi2024/09/20 01:09