Router Protocol launches Nitro, enhancing cross-chain interoperability with diverse blockchain support.
Clarifies deflationary token supply amid community concerns, emphasizing transparent governance process.
Router Protocol, an L1 chain utilizing the Cosmos SDK and designed for interoperability, unveiled its latest cross-chain solution, Nitro, on the mainnet. This intent-based cross-chain bridge, built on the router chain, boasts broad support for EVM, non-EVM, and zkEVM chains, along with additional security modules and Oracle security.
However, the community was thrown into some FUD regarding the token supply. Responding to concerns, the Router team clarified the tokenomics in a detailed summary. The overall ROUTE supply is 20 million, remaining a deflationary token.
They also acknowledged the confusion, attributing it to a placeholder number used during the Cosmos chain launch, aligning with the narrative of other L1s/L2s with a 1 billion total supply. And emphasized that the 1 b
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