TechFlow reports that Borpa, a Meme project within the cross-chain DeFi protocol Entangle ecosystem, has achieved 350x oversubscription since its public sale launched on June 5, raising a total of $65 million from the community. The Borpa claim portal will open on June 27. Borpa is currently collaborating with Galxe to launch a series of reward missions running until August 1, 2024, encouraging users to engage in financial games and social media activities. Participants will have the chance to share 10 million tokens (1% of total supply) in rewards.
Notably, the Entangle cross-chain DeFi protocol's mainnet is powered by Cosmos SDK, aiming to deliver seamless omnichain interoperability. Users can delegate tokens to validators to earn compound rewards and generate passive income. Borpa is an ecosystem Meme project incubated by Entangle, with a total supply of 100 million tokens—10% of which is allocated for airdrops. Entangle users who stake NGL tokens or Webverse NFTs are eligible for an exclusive airdrop of 60 million BORPA tokens.
