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Showing posts with the label blockchain protocol

All Routes Lead to Hyperliquid: A Router’s Perspective

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  Introduction At Router, we focus on enhancing the speed of execution, reliability, and user experience (UX) while ensuring the transparency of decentralized finance (DeFi). Building on Hyperliquid was a natural evolution in our mission, and we’re fully committed to making it a reality. Here’s what we’ve built: the fastest bridge for Hyperliquid, enabling seamless transfers across over 35 chains in a single step, including non-EVM heavyweights like Sui. This is just one example of how we are making  cross-chain bridge easier than ever for users and protocols. We aim to create a more interconnected, user-friendly blockchain ecosystem with this blockchain. Router x HyperBeat: Strengthening Cross-Chain Connections HyperBeat played a pivotal role in integrating Router with Hyperliquid, and together, we’ve developed an exciting flywheel of value for the community. The bri...

How Router's StakeStone Intent Adapter is Revolutionizing the Staking Experience

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In this case study, we explore how Router Protocol's innovative protocol enabled over $10 million in assets to flow seamlessly to StakeStone in under a month. With over 19,000 unique users, this success highlights how the adapter is helping to attract liquidity and users across various Layer 1 blockchain. It demonstrates the power of  powering cross-chain liquidity  to create a more efficient staking experience. What is StakeStone? StakeStone  is a decentralized platform where users can deposit ETH and receive STONE, a yield-bearing token on Ethereum. STONE is designed to support liquidity on  Layer 1 blockchains  across different blockchains. With over $550 million in total value locked (TVL), STONE is an omnichannel token optimized for liquidity, particularly within Layer 2s. The StakeStone Adapter seamlessly integrates with various platforms, making it easy and quick for users to acquire STONE on...

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...