ChainCatcher news, according to official sources, the cross-chain protocol Router Protocol has announced that its Nitro cross-chain bridge officially supports the Sui network, enabling cross-chain asset swaps between Sui and over 30 EVM chains (such as Polygon, BNB, Ethereum, etc.).Router also rewards users with 0.015 SUI for each cross-chain transfer to Sui. Users can exchange any asset on EVM chains for any token on Sui. Router also plans to launch a cross-chain intent adapter to support one-click operations for liquidity provision, staking, and more.

ChainCatcher news, according to The Block, the Router Protocol supported by Coinbase has launched the Layer 1 blockchain Router Chain.It is reported that the chain is based on a proof-of-stake consensus using the Tendermint framework, aiming to aggregate liquidity and facilitate cross-chain interactions through a cross-chain intent framework.

ChainCatcher news, according to Decrypt, the cross-chain interoperability protocol Router Protocol has announced the completion of a new round of financing, with the specific amount not disclosed. The new funds will be used to promote its operational Layer1 blockchain Router Chain, thereby distancing itself from the Binance and Polygon ecosystems. It will also support its provision of cross-chain services for Ethereum and BNB Chain, and expand cross-chain capabilities to more networks.

ChainCatcher message, the cross-chain interoperability protocol Router Protocol announced on social media the launch of the Lido Stake Adapter, which allows users to participate in liquid staking on Lido through dApps and with one click.

According to ChainCatcher news, the proposal by Router Protocol regarding "Router Chain Token Economics" has been approved by community voting on the Snapshot page and will undergo TGE (Token Generation Event) in Q2 2024, with an increase of 10 million new ROUTE tokens in supply over six years.

ChainCatcher news, the cross-chain infrastructure project Router Protocol will launch Router Chain, a Layer 1 blockchain developed based on the Cosmos SDK, aimed at solving cross-chain communication issues.According to reports, Priyeshu Garg, co-founder of Router Protocol, stated that DApps can be built directly on Router Chain and have interoperability with each other. (source link)