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

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Cointime2023/11/02 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.

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