Router Protocol Burns 10.2M $ROUTE Tokens
Router Protocol Burns 10.2M $ROUTE Tokens
🔥 10M tokens vanished
Router Protocol has permanently burned 10,221,100 $ROUTE tokens from their staking rewards program.
The burned tokens are now completely out of circulation, reducing the total supply. This follows their regular monthly burn schedule - they previously burned 1.7M tokens in May.
Users can track the burn transaction on RouterScan.
$ROUTE is available for trading on Ethereum and Polygon through Nitro Trade.
🔥 10,221,100 $ROUTE burned - gone forever! The staking reward burn is now permanently out of circulation. Track it here: routerscan.io/tx/A7E24261861…
Router Protocol Launches Enhanced Cross-Chain Swap Platform
Router Protocol's new cross-chain swap application launches in 3 days, promising improved execution for large trades. The platform demonstrated superior performance in testing: - **Router**: 999.83 ETH output - **Competitor**: 999.73 ETH output - **Savings**: ~$346 on 1,000 ETH swap Key features include: - Handles large trades without throttling - Programmable execution paths for liquidity control - Open architecture allowing protocol integration - No permission requirements for new protocols The platform targets institutional users with thousands of daily trades across multiple chains. [Access the app](https://app.routerprotocol.com/)
🔥 ROUTE Token Migration Deadline Approaches
**Less than 24 hours remain** for ROUTE token holders to migrate their v1 tokens to the new version. **Key Details:** - Migration deadline: August 25, 2025 at 5:00 PM UTC - Exchange rate: 1 ROUTE v1 = 33.33x new ROUTE tokens - **All unmigrated v1 tokens will be permanently burned** after the deadline Router Protocol has been issuing reminders since mid-August, urging the community and exchanges like Bybit to complete the migration process. **Action Required:** Token holders must migrate immediately to avoid permanent loss of their assets.
Router Nitro Adds Optimism to CCTP V2 Network
Router Protocol's cross-chain bridge Router Nitro has expanded its native USDC transfer capabilities to include Optimism through Circle's CCTP V2 integration. Key networks now supported: - Arbitrum - Avalanche - Base - Ethereum - Linea - World Chain - Optimism The bridge enables direct USDC transfers without wrapped tokens or intermediate hops, offering a streamlined cross-chain experience. Users can access these features through [Router Nitro's app](http://app.routernitro.com). This expansion makes Router Nitro one of the first bridges to support native USDC transfers across this comprehensive network of chains.
Router Protocol Lists Multiple Berachain Tokens on Nitro Trade During Bera Week
Router Protocol's Nitro Trade platform has launched Berachain Week, featuring new token listings from the Bera ecosystem: - $BERA (Berachain's native token) - $DOLO (from Dolomite) - $LBGT (from BeraPaw) **Key Features:** - Single-click trading from any chain using any token - No bridge requirements or chain hopping - Comprehensive trading dashboard with live charts, volume, and supply data Trading is available at [Nitro Trade](https://routernitro.com/trade/berachain-bera) The initiative aims to increase accessibility to Berachain's growing DeFi ecosystem, with new tokens being added throughout the week.