Following Recent Introduction of Avalanche to its Cross-Chain Messaging Protocol
[SINGAPORE, March 30, 2022] Router Protocol – an infrastructure layer enabling communication between blockchains, today announced it has added Ethereum and Fantom to its infrastructure. The community can now transfer funds, swap assets, and with the approaching launch of the Router Software Developer Kit (SDK), build cross-chain dApps across Fantom, Ethereum, and the networks integrated hitherto – Polygon, Binance Smart Chain, and the Avalanche C-chain.
The integration also gives users access to a proprietary pathfinder algorithm that aggregates DEXes to find the best rates for cross-chain swaps, 1:1 low-fee asset transfers, and fast finality, with settlements on L2s taking less than a minute.
The news is the latest in a series of developments from Router as it continues to build an ecosystem facilitating interoperability between various blockchain networks. After the launch of its alpha mainnet back in January and the successful integration of the Avalanche C-chain earlier this month, Router Protocol is moving forward to add more prominent entries to its existing cross-chain infrastructure.
“Fantom and Ethereum’s integration has added a substantial userbase to our ecosystem – we’re now helping more people than ever transact seamlessly between chains,” said Ramani Ramachandran, co-founder and CEO of Router Protocol. “We look forward to building on this momentum and strengthening the DeFi community by expanding to all leading layer one and layer two chains, on EVM and non-EVM platforms.”
Router Protocol also recently introduced a cross-chain explorer which eliminates the need to monitor different block explorers to track cross-chain transactions.
The project has several developments in the pipeline to further its mission to provide a turnkey solution for interoperability between every blockchain network:
- More L1 and L2 chain integrations, including:
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- introduction of EVM-compatible chains like Arbitrum, Optimism, Harmony, Aurora, Moonbeam, and Cronos;
- integration of Non EMV-compatible chains like Terra and Solana;
- A Router cross-chain SDK facilitating a more convenient cross-chain development environment;
- An incentivized liquidity mining campaign to reward Router’s liquidity providers.
For more information about Router Protocol and its mission to revolutionize cross-chain interoperability visit www.routerprotocol.com.
