Router Nitro, our cross-chain bridge, has successfully incorporated Manta on its Mainnet.
Manta users can now easily transfer or swap assets between both EVM and non-EVM chains to the @MantaNetwork, providing enhanced convenience.
Experience it here: https://t.co/d227RFLILW
Some $ROUTE alpha from some weeks ago that might've slipped by some folks not actively reading the TG.
- Native BTC Swaps coming to Nitro testnet soon, hopefully to mainnet before the halving
- Next focus Solana integration, hopefully already ready by Q1
So bullish on $ROUTE
how do these stats not give you the chills $route. 5K holders only. 20M supply (we love the small supply coins with strong fundamentals). 70% already in circulation (less dilution). strong community and team. building tremendously during the bear and launching in the bull.
NEAR, a top non-EVM blockchain, has gone live on Router’s Testnet Mandara. With Router Nitro, our flagship dApp, users in the NEAR ecosystem can now transfer test tokens to and from NEAR onto other supported chains.
After the mainnet launch, cross-chain fund and asset transfers will be fully enabled.
🔁 Token Transfers Simplified to @NEARProtocol!
Once Router Nitro goes live on Mainnet, users will be able to effortlessly transfer an array of tokens - stablecoins, wrapped assets, and more - to and from any supported chain on to NEAR.
Let’s get a better understanding 👇
Consider this scenario: User initiates a cross-chain transaction of an asset from Ethereum to NEAR.
Router Nitro employs three distinct flows to execute this transaction seamlessly: our foundational Forwarder flow, Circle’s CCTP Flow, or the Mint and Burn Flow, based on the token type.
The Forwarder flow operates through trustless entities known as Forwarders. These entities are basically market makers who provide liquidity, empowering Router Nitro to facilitate swift transactions at an optimal cost, thereby enhancing the capital efficiency of the bridge.
Furthermore, Router Nitro also employs the "Reverse Verification" flow, ensuring rapid and cost-effective transfers. This application-specific bridging construct, unique to our chain, can enhance the efficiency of other applications.
This integration with NEAR extends these capabilities to the NEAR community through Router Nitro. Now, users within the NEAR ecosystem can benefit from these offerings seamlessly.
About Router Nitro:
Router Nitro is an intents based, modular cross chain bridge that will be up to 60% cheaper, working on zero TVL; highly secure and quicker than all incumbents.
Discover NEAR Integration on Router Nitro Testnet and stay tuned for Mainnet: https://t.co/9OBZaOE8RI
About NEAR Protocol:
NEAR Protocol is a Layer 1 blockchain network known for its fast speed, high security, and infinite scalability. NEAR Foundation, a Swiss non-profit foundation, supports the development and operation of the network. The foundation operates an ecosystem fund of up to KRW 1.15 trillion (approximately USD 1 billion) to promote its own ecosystem growth. NEAR has attracted investments from prestigious investors such as a16z, Coinbase Ventures, Multi Coin Capital, and Hashed, recognizing the technical expertise of its excellent developers.
Speaker Reveal 1:
Dive into the world of 'DEXs & Interoperability' with our special guest @davidefi, General Manager at @TraderJoe_xyz, in the upcoming Router Cross Connect #4.
📅 Mark your calendars: November 23rd at 3:00 PM UTC
🔗 Set a reminder for the Twitter Spaces event here: https://t.co/W7SMdlkfP5
Trader Joe is a decentralized trading platform on the Avalanche network that combines DEX services with DeFi lending to offer leveraged Trading.
The platform allows users to trade (AMM exchange), participate in yield farming, staking, and borrowing.
Ready for an immersive exploration of "DEXs and Interoperability"?
Mark your calendars for Nov 23rd at 3:00 PM UTC! Join us on Twitter Spaces for the next chapter of Router Cross Connect.
🌐Venue: https://t.co/cbBZNT96UB
🎙️Our expert hosts, @Ashutosh_Sahoo and @ZOON2, are set to lead thought-provoking discussions.
Keep an eye out for our panelist lineup - it's going to be an insightful session!
1/ Having highlighted the importance of Capital Efficiency, let's now focus on the second key pillar - Security.
With the rise of L1s and the growing significance of bridges, the specter of security breaches looms large, becoming an ever-present concern and a pervasive theme.
$ROUTE - Extremely impressive what they are building and working on. You see a lot of people comparing them to a really early $MATIC. Plus the chart looks great.
The level of enthusiasm and support Router Nitro has received from the community has been astounding.
In case you've been out of the loop, Router Nitro's Testnet, showcasing our state-of-the-art bridging capabilities, is now officially live on the @ethereum network's Testnet (Goerli).
Ethereum chain will also go live on Router Nitro's mainnet. In the meantime, experience our Testnet firsthand: https://t.co/9OBZaOE8RI
We are proud to announce that Router Protocol has integrated @circle's CCTP on @arbitrum.
This also marks a crucial addition to our cross-chain dApp Voyager (https://t.co/KyZ8WARZuN), making $USDC Interoperable on Arbitrum network as well.
Router now officially supports CCTP on all the 3 chains - AVAX, Ethereum and Arbitrum!
ℹ️About CCTP: Cross-Chain Transfer Protocol (CCTP) is a permissionless on-chain utility that facilitates USDC transfers between blockchains via native burning and minting.
This signifies a shift towards an age where high TVL is no longer a prerequisite for bridges, providing their users with a highly capital-efficient way to transact in a multi-chain world.
Router Chain's Testnet Mandara is now LIVE!
The Era of IDApps (Interoperable dApps) is here. Build your first-ever IDApp with our Testnet Mandara.
Get Started: https://t.co/dkSacFoegx
Testnet Mandara also allows external validators to participate in the network for the first time. This marks a significant milestone for Router Protocol, paving the way towards achieving true decentralization.
What's Next?
- Router Chain's first-ever public cross-chain transaction will take place anytime soon
- The launch of our Incentivised and Gamified Testnet Mandara for Devs, Ecosystem Partners, Validators and Web3 users is scheduled to go live this coming June
- Selected Ecosystem Partners will deploy their dApps on Mandara Testnet and showcase them as part of the Gamified Testnet Mandara
- Our IDAPPathon, an online hackathon tailored for Interoperable dApps, will commence on 7th June. Registrations are already open (https://t.co/rHxiFTY3uk)
- Look forward to the unveiling of our in-house IDApps such as Ping Pong, TExchange, Voyager, and more, all set to launch on our Testnet
- We're preparing to share an updated roadmap to outline our progressive journey; keep an eye out as it will be published in the upcoming days
- We will also be onboarding more Validators in the coming days
Read more about Router Chain's Testnet Mandara here: https://t.co/oi9mdumPgx