Router Protocol Burns 54.2M $ROUTE Tokens
Router Protocol Burns 54.2M $ROUTE Tokens
🔥 Router Burns Complete
Router Protocol has permanently burned 54,186,614 $ROUTE tokens, marking the end of its v1 to v2 migration process.
Key Details:
- Burned tokens equivalent to 1,625,761 unmigrated v1 $ROUTE
- Migration deadline was August 25, 2025
- Community governance approved the burn proposal
- Transaction verified on RouterScan
Background: Router Chain launched with a tokenomics upgrade requiring migration from v1 to v2 tokens at a 1:33.33 ratio. The protocol provided extensive migration support over a year-long period with guides and reminders.
The burn removes unmigrated tokens from circulation permanently, completing Router's transition to its new tokenomics structure.
54,186,614 $ROUTE BURNT!!! 54,186,614 $ROUTE (equivalent to 1,625,761 unmigrated $ROUTE v1) have now been burnt and are gone forever. Transaction: routerscan.io/tx/23D7F005C7F… This brings the migration journey to its rightful close, setting Router on solid ground for the road
54.8M $ROUTE tokens (equivalent to 1.63M unmigrated v1 ROUTE) to be burnt When Router Chain launched, the community approved a comprehensive tokenomics upgrade that included the migration from the original $ROUTE (v1) token to the new native $ROUTE (v2) (1 $ROUTE v1 = 33.33
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