Router Protocol, an infrastructure layer enabling communication between blockchains, has added Arbitrum and Optimism to its platform, Invezz discovered from a press launch.
Its customers can now trade belongings and switch funds throughout networks with the biggest TVL in cross-chain bridges (Avalanche C-chain, Fantom, Polygon) along with Optimism, Ethereum (ETH/USD), and Binance Sensible Chain (BNB/USD).
Limitless cross-chain token swaps and assist
The combination supplies entry to improved interoperability options, reminiscent of token to token swap throughout chains and assist for arbitrary tokens. This makes Router completely different from most cross-chain platforms, which permit buying and selling of solely sure belongings.
You possibly can perform arbitrary token swaps on Router by aggregating liquidity throughout all the most important DEXs on any given chain.
Settlement assure
Router Protocol makes positive person funds are by no means blocked and ensures settlements of all transactions by offering customers equal quantities of USDC or RUSDC. The latter will be redeemed 1:1 for USDC.
Mesh community
Router is growing a many-to-many mesh community as a substitute of constructing one to at least one bridges which require devoted hyperlinks between chains. This community permits seamless information movement between numerous chains. Any chain will be added with a couple of traces of configuration.
Ramani Ramachandran, co-founder and CEO of Router Protocol, commented:
As two of the preferred layer 2 options on Ethereum, this integration marks important progress in our mission to attach all layer 1 and layer 2 chains. We’re proud to ship a seamless and safe cross-chain expertise to those communities.
Bug bounty program, safety audits
Router has accomplished safety audits from Certik and Halborn and a bug bounty program with main agency Immunefi. It’s presently present process a 3rd audit from Hacken.
Among the many security measures constructed into its community are on-chain validation, modular good contract structure, devoted proxy structure, an remoted execution module, and extra.
Validation is achieved on-chain, which is safer than protocols utilizing off-chain consensus. Transactions are executed on a stateless execution pallet, the place direct interplay with the bridge reserves is prevented. This retains malicious entities from accessing the reserve funds.
Governance proposal
Router additionally introduced a governance proposal, asking the neighborhood to decide on the following two EVM chains to be built-in. This occasion is a crucial step for Router Protocol to grow to be a really community-governed undertaking.
