Router Protocol Now Supports TokenHub for Migrations, Bridging, and Staking
CryptoNewsTerminal Staff24 Jul, 2024
Router Protocol Now Supports TokenHub for Migrations, Bridging, and Staking
Router Protocol (ROUTE), a cross-chain messaging system, has announced the launch of TokenHub, a new feature that supports ROUTE migrations, bridging, and staking. This news was announced via Twitter today. Staking rewards will be available after the Router Chain mainnet launch on March 30th. TokenHub is designed to simplify the process of moving ROUTE tokens across different chains and to participate in staking. It will also allow users to bridge their ROUTE tokens to other blockchains, such as Ethereum and Binance Smart Chain. The launch of TokenHub is a significant step forward for Router Protocol. It will make it easier for users to move their ROUTE tokens across different chains and to participate in staking. This will help to increase the utility of ROUTE and to attract new users to the platform.
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