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About Router Protocol(ROUTE)
What is Router Protocol (ROUTE)?
The Router Protocol aims to connect different assets across various Layer 1 and Layer 2 networks through the use of stablecoins as a means of exchange. These networks are based on different blockchain architectures, such as Ethereum, and off-chain networks built on top of them.
Who are the Founders of Router Protocol (ROUTE)?
The founders of Router Protocol are Ramani Ramachandran, Shubham Singh, Chandan Choudhury, and Priyeshu Garg.
How does Router Protocol (ROUTE) Work?
The Router Protocol not only allows for the transfer of assets but also facilitates the secure and transparent transmission of arbitrary messages across different chains, thereby expanding the potential for composability in DeFi. The protocol boasts a variety of features, including the ability for users to convert assets across blockchains, flexible fee payment options, a modular mesh network for enhanced scalability, a cross-chain settlement engine to ensure smooth transactions, a proprietary pathfinder algorithm for ideal cross-chain exchanges, and SDKs for developers to build complex cross-chain blockchain applications. Additionally, the Router Protocol utilizes DFYN AMM as a fallback source during a lack of stable assets, and it is optimized to work with the internal DEX, DFYN Exchange, to ensure complete transactions.
What is the ROUTE Token?
The Router Protocol includes its own token, ROUTE, which gives users the ability to participate in governance by voting on proposals for protocol changes. When users make cross-chain transactions, the protocol imposes transaction fees that are divided between validators and liquidity providers. Those who pay the fees with ROUTE tokens receive a 50% discount. Additionally, users can pay for both gas and transaction fees using ROUTE tokens.
ROUTE to local currency
Crypto calculator- 1 ROUTE to USD$2.82
- 1 ROUTE to JPY2.8178554
- 1 ROUTE to VND2.8178554
- 1 ROUTE to RUB2.8178554
- 1 ROUTE to EUR (Español)2.8178554
- 1 ROUTE to TRY2.8178554
- 1 ROUTE to EUR (Italiano)2.8178554
- 1 ROUTE to EUR (Français)2.8178554
- 1 ROUTE to EUR (Deutsch)2.8178554
- 1 ROUTE to CNY2.8178554
- 1 ROUTE to TWD2.8178554
- 1 ROUTE to EUR (Português)2.8178554
- 1 ROUTE to IDR2.8178554
- 1 ROUTE to THB2.8178554
- 1 ROUTE to PLN2.8178554
- 1 ROUTE to UAH2.8178554
- 1 ROUTE to UZS2.8178554
- 1 ROUTE to SAR2.8178554
- 1 ROUTE to PHP2.8178554
Trade ROUTE perpetual futures
After having successfully signed up on Bitget and purchased USDT or ROUTE tokens, you can start trading derivatives, including ROUTE futures and margin trading to increase your income.
The current price of ROUTE is $2.82, with a 24h price change of -2.07%. Traders can profit by either going long or short onROUTE futures.
Join ROUTE copy trading by following elite traders.
Router Protocol news
See more
BlackRock Revises Spot Bitcoin ETF Proposal Ahead of Rumored SEC Approvals
Black Rock's ETF proposal now includes cash redemptions, a concession to the SEC that may improve the fund's approval odds.
Bitcoin Is Coming to Sushi as DeFi Platform Expands to ZetaChain
The move allows users to access the liquidity of bitcoin on decentralized finance (DeFi) without going through intermediaries like wrappers.
Elon Musk’s Twitter Overhaul Could Be Huge for DOGE and Crypto Generally
“Elon clearly has an affinity for DOGE, almost as part of a running joke, but I wouldn’t be surprised if he actually went through with enabling payments via DOGE.”
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Router Protocol Social Data
In the last 24 hours, the social media sentiment score for Router Protocol was 3, and the social media sentiment towards Router Protocol price trend was Bullish. The overall Router Protocol social media score was 0, which ranks 329 among all cryptocurrencies.
According to LunarCrush, in the last 24 hours, cryptocurrencies were mentioned on social media a total of 1,058,120 times, with Router Protocol being mentioned with a frequency ratio of 0.01%, ranking 299 among all cryptocurrencies.
In the last 24 hours, there were a total of 427 unique users discussing Router Protocol, with a total of Router Protocol mentions of 84. However, compared to the previous 24-hour period, the number of unique users increase by 27%, and the total number of mentions has increase by 71%.
On Twitter, there were a total of 1 tweets mentioning Router Protocol in the last 24 hours. Among them, 100% are bullish on Router Protocol, 0% are bearish on Router Protocol, and 0% are neutral on Router Protocol.
On Reddit, there were 18 posts mentioning Router Protocol in the last 24 hours. Compared to the previous 24-hour period, the number of mentions decrease by 10% . Additionally, there were 0 comments mentioning Router Protocol. Compared to the previous 24-hour period, the number of mentions decrease by 0%.
Visão geral das redes sociais
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