In recent years, there has been an increase in the number of layer 1 and layer 2 networks designed to address Ethereum's scalability constraints. These solutions have played a vital role in onboarding an increasing number of users onto the DeFi ecosystem by reducing gas costs and improving network throughput. However, the proliferation of such networks has meant that most of the action is now fragmented across these networks instead of being concentrated on a single network such as Ethereum. This has resulted in a series of unconnected blockchain ecosystems operating alongside but siloed from each other, preventing the industry from reaching its full potential. To address this issue, what is required, it seems, is a mechanism that facilitates interoperability among these networks, i.e., a mechanism that enables these networks to communicate and share data with each other.
Towards this end, we introduce Router Protocol, a mechanism for cross-chain communication that will initially focus on the specific use case of bridging assets across multiple layer 1 and layer 2 networks by using stablecoins as the medium of value transfer. In addition to asset transfers, Router Protocol also enables the flow of arbitrary messages across chains securely and seamlessly, thereby extending the composability of DeFi across various blockchains.
At Router, we are committed to building a cross-chain infrastructure that:
a) facilitates seamless flow of liquidity across blockchains,
b) allows for a range of use cases that leverage and extend the composability of DeFi across various blockchains,
c) promotes liquidity migration and developer efforts towards various emerging chains and solutions, and
d) eventually leads to a thriving multi-chain ecosystem
What do we do?
We are developing the bridging infrastructure to allow contract level data flow across various blockchains, thus enabling asset level data transfer.
Unified Gas Fees
Single asset gas fee, pay in and interact with multiple chains
Cross-chain Governance
Native support for cross-chain DAO allowing users to participate in governance across multiple blockchains
Best Price Discovery
Smart order routing accross various DEXes on different blockchains
Unified Aggregator
Router allows seamless communication and transfers across different blockchains
Q4 2022 - Q1 2023
Q2-Q3 2022
Q1 2022
Q4 2021
Diverifikasi 0%
Perhatian. Ada risiko bahwa anggota yang tidak diverifikasi sebenarnya bukan anggota tim
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