Understanding the ROUTE Tokenomics: A Complete Guide to V2
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With the mainnet launch scheduled for July 2024, Router Protocol has officially transitioned from an interoperability protocol powered by a Proof of Authority (PoA) network to a fully decentralized Layer 1 blockchain powered by Proof of Stake (PoS). This transition marks a critical step toward Router's goal of creating a robust blockchain protocol that fosters greater cryptocurrency adoption and enhances cross-chain swap capabilities, setting the stage for future growth and scalability within the decentralized ecosystem. In this article, we'll break down the updated ROUTE tokenomics (V2)—detailing how the new token allocations and vesting schedules are designed to support the continued development of Router as a leading blockchain protocol for cross-chain swap solutions and cryptocurrency interoperability. The Road to Decentralization: Community Vote and Tokenomics Evolution In February 2024, a commun...