Router Protocol To Shut Down And Burn 303M ROUTE Tokens

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Router Protocol has announced the permanent shutdown of its cross-chain messaging network and the burning of 303 million ROUTE tokens. Users have a grace period to transfer their assets back to origin chains before relayer nodes are disconnected. The team cited unsustainable relayer maintenance costs as the reason for this deprecation, not a security breach or exploit. The token burn is not a bullish supply-reduction campaign but a step in the network’s wind-down process. This shutdown illustrates the ongoing economic challenges facing the blockchain interoperability sector.

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Telemac
Telemachttp://cryptoinfo.ch
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