507815
Router Protocol

@routerprotocol #507815

Router Protocol is Secure, Scalable, Modular, Composable Framework for Cross-chain Interoperability | www.routerprotocol.com |
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Over 9 Million ROUTE v2 Tokens Burnt! 🔥

To be exact, 9,112,120 ROUTE v2 tokens—approximately 1.6% of the circulating supply and valued at around $400k—have been burned.

For full transparency, you can view the transaction details here: https://routerscan.io/tx/A71DCBF09C1FFCD0A22B01D30622EFAB67F87B059A99982A20CA14DC88117933

We’ve burned the staking rewards earned on unvested ROUTE supply, making us the only chain to burn staking tokens from unvested supply.

This marks a significant milestone in our continued effort to build a stronger and more valuable ecosystem for everyone.

Next up: we’ll be buying back and burning ROUTE tokens using 100% of Router Nitro’s revenue.
We’re excited to announce that Router Chain is now integrated with Osmosis, the leading Cosmos DEX + DeFi Hub. This integration extends Osmosis connectivity to over 25 EVM and non-EVM chains, enhancing its cross-reach and interoperability.

This partnership marks a historic moment as it seamlessly bridges the Cosmos ecosystem with Tron through Router Chain. For the first time, we’re seeing these two major ecosystems connect in such a comprehensive way, opening up new pathways for liquidity. 

Users can now effortlessly move $USDC, $USDT, and $TRX between Osmosis, Tron, and other supported chains.

Additionally, $USDT and $TRX deposited via Router Chain are now part of Alloyed USDT and Alloyed TRX, a system that consolidates various asset versions into a single and fungible token. This approach by Osmosis aims to redefine liquidity management and enhance user experience.

Read more here: https://routerprotocol.medium.com/expanding-ibc-osmosis-is-now-integrated-with-router-chain-597cd112fc51
👋 Say hello to our latest: Router's Intent Adapter for @aerodrome!

Provide liquidity from any chain with any token to the Base Chain via Aerodrome in a single click.

Try it now: https://poc.routerintents.com/apps/aerodrome

Read more about the Aerodrome Intent Adapter here: https://routerprotocol.medium.com/routers-intent-adapter-for-aerodrome-is-now-live-d2be25a5e33f
Router Chain Mainnet is now LIVE!*

After years of relentless building, we are proud to announce the launch of Router Chain mainnet.

Router Chain is a PoS L1 that allows stateful bridging–enabling truly omnichain dapps that can abstract chains from the users and aggregate liquidity across multiple chains.

Know more: https://routerprotocol.medium.com/router-chain-mainnet-is-now-live-fa97e1d58cac
Less than 24 hours until Router Chain's Mainnet launch!

In this article, we delve into key parameter settings essential for a seamless launch and effective network bootstrapping of Router Chain.

👇
https://routerprotocol.medium.com/update-on-router-chain-mainnet-launch-32edacced4fe
The Token Hub, which allows $ROUTE Migration, Bridging, and Staking, is now LIVE!

https://hub.routerprotocol.com/token/migrate

Users can now migrate their old $ROUTE tokens to new $ROUTE tokens, bridge them to Router Chain, and stake the new tokens on Router Chain.

🎥 Watch our detailed video illustrating the entire process here: https://youtu.be/anv7ghz6XnM

ℹ️ Checkout our comprehensive $ROUTE Migration, Bridging, and Staking guide to get started: https://routerprotocol.medium.com/comprehensive-route-migration-bridging-and-staking-guide-d0b9f1dd2ef3


📢 Note: Our StakeDrop Campaign for ROUTE stakers to earn DROP, extra yield, and ecosystem rewards goes live today. For this, no additional step is required, and those who stake on Router Chain will be eligible for rewards. More details coming today!

📢 Note: Native Yields of Staking will start on 30 July 2024 with the launch of the Router Chain Mainnet, and the StakeDrop Campaign rewards will start today.
As we prepare for the launch of Router Chain, we are transitioning from a bridge to a fully decentralized layer-1 blockchain. The token migration marks a crucial step in our evolution–introducing new $ROUTE tokens.

The token migration from old to new $ROUTE at the conversion rate of 1 old $ROUTE to 33.33 new $ROUTE starts July 24, 2024, along with the StakeDrop Campaign, which offers additional rewards for early stakers.

Learn how to safely transition, secure the network, and earn rewards. Dive into the details and follow each step carefully to ensure a smooth process:
https://medium.com/@routerprotocol/comprehensive-route-migration-bridging-and-staking-guide-d0b9f1dd2ef3
The All-in-One Liquidity Solution–Router’s Intent Adapter for Kim Protocol is now LIVE!

This Adapter streamlines depositing liquidity on Mode Network by allowing users to come from any chain/token without the hassle of chain juggling.

Try it out here: https://app.kim.exchange/liquidity/router

Know more about the Adapter and how it functions here: https://routerprotocol.medium.com/routers-kim-intent-adapter-is-now-live-e8ca0475adc3
Another Major Update: Router Protocol is now integrated with Oasis Sapphire chain!

This integration enables cross-chain messages from various chains to Oasis and vice versa via Router chain.

Oasis devs now have a range of ecosystems to explore and get native connectivity for their dApps in a smooth and effortless way.

End-users can enjoy seamless cross-chain asset transfer between Oasis Sapphire chain and over 25 EVM and non-EVM chains!

This integration establishes Router Protocol as a key cross-chain infrastructure for Oasis Sapphire!

To celebrate this, we're offering a 2x boost on Carrot points for transactions to Oasis Sapphire via our cross-chain bridge, Router Nitro 🎉

Start bridging now: app.routernitro.com
With our mainnet launch less than a month away, we are excited to share that Bitcoin is now integrated with Router Chain!

The web3 world is yet to witness super-fast, ultra-efficient Bitcoin bridge and seamless Bitcoin interoperability.

Stay tuned for the public launch of our biggest integration yet!
Router Chain is coming! ⌛

Mainnet will Launch on July 30, 2024.

Router Chain is a premier layer-1 blockchain designed to enable chain abstraction. It aims to connect 150+ EVMs, non-EVMs, Rollups, and L2/L3 chains.

Major chain integrations like Bitcoin, Solana, Osmosis, etc., are in the works.

$ROUTE will be used to secure the permissionless PoS network.
Join StakeStone Omnichain Carnival and @scrollzkp Session via Router Protocol on Interact

Participate here: https://www.intract.io/quest/66717c6ee197200984997dc6

Unlock multiple rewards:

→Earn Scroll Marks
→Stone Points–boosted
→Carrot Points
→Staking Rewards by getting STONE on Scroll
→Additional rewards from a pool of 2,000 $USDC
1/ We have made it 100x easier to buy any token directly from the feed on @farcaster using @warpcast

Router Nitro-powered Zap Frame lets users swap tokens from chains like Ethereum, Optimism, Arbitrum, and Base straight from their Warpcast feed!

Try it out: http://frames.routerintents.com/
We’re excited to unveil our oversubscribed strategic funding round, with participation from prominent crypto angels and VCs 🌟

The primary objective of this round is to expand the Router’s cap table with strategic investors aligned with Router Chain.

Read more about the round and Router’s vision here: https://routerprotocol.medium.com/router-protocol-completes-strategic-round-ahead-of-router-chain-mainnet-launch-7c5cf29f89ce
The Router Nitro cross-chain bridge has now seamlessly integrated with the BASE network!

This integration facilitates BASE users to transfer their tokens smoothly from any EVM or Non-EVM chain directly to the @base network.

Check it out here: app.routernitro.com/swap
Router Nitro is now the official bridge for Saakuru!🚀

Get started: saakuru.com/portal/bridge

Bridge $SKR, along with 10 canonically minted tokens, including PEPE, BONK, DOGE, OAS, WOAS, USDC, USDT, and more seamlessly.

Read: https://shortlurl.com/3L6w
Another Day, Another Advancement! ⚡

Taiko is now Live on the Mainnet of our cross-chain bridge, Router Nitro!

The integration enables users to enjoy seamless, low-cost transfers/swaps between 20+ EVM/Non-EVM chains and Taiko chain via Router Nitro.

Bridge now: app.routernitro.com
We're happy to announce our collaboration with Lynex, a decentralized exchange (DEX) and liquidity marketplace on Linea!

You will soon be able to effortlessly provide liquidity, all in one smooth step, while earning LXP-L via Linea Surge (and more) via Lynex Adapter!

Intents Adapter Store: https://routerintents.com
Introducing Router's Intent Adapter Store—an open-source library of smart contracts engineered to execute your wildest blockchain intentions effortlessly!

Explore the store here: https://routerintents.com/

Know more: https://routerprotocol.medium.com/routers-intent-adapter-store-c21bb9cb6f91
Router Nitro has integrated Ethereum on its Mainnet.

It aims to be the most efficient cross-chain bridge, offering up to 60% cost savings compared to others.

This integration enables seamless transfer & swap of tokens from any chain to Ethereum.

app.routernitro.com/swap
Router Nitro, our intent-based, modular cross-chain bridge, is now live on Mainnet ⚡

👉 https://app.routernitro.com/swap

Experience up to 60% lower costs, enhanced speed, and superior security!

Learn more in our latest article: https://routerprotocol.medium.com/router-nitro-now-live-on-mainnet-af3dbb62ae8c
From blockchain bridges to social leaps—Farcaster, we’ve landed!