Router Protocol, an infrastructure layer enabling communication between blockchains, right this moment introduced it has added Optimism and Arbitrum to its platform.
The neighborhood can now switch funds and swap property throughout networks with the biggest TVL in cross-chain bridges (Fantom, Polygon, Avalanche C-chain, and Arbutrum), along with Ethereum, Optimism, and Binance Sensible Chain.
These new integrations provide customers entry to enhanced interoperability options equivalent to:
- Any token to any token swap throughout chains – most current options solely helps transfers. Router Protocol helps any crypto token swap on the community.
- Assist for arbitrary tokens – most cross-chain platforms are permissioned the place solely listed property may be traded. Router Protocol permits arbitrary token swaps by aggregating liquidity throughout all the key DEXes on any given chain.
- Mesh Community – as an alternative of constructing 1:1 bridges that require devoted hyperlinks between chains, Router is constructing a many-to-many mesh community that enables seamless knowledge stream between varied chains. Any chain may be added with a number of traces of configuration.
- Settlement assure – Router Protocol ensures no blocking for person funds and ensures settlements of all transactions by offering customers equal quantities of USDC or RUSDC (which may be redeemed 1:1 for USDC).
“As two of the preferred L2 options on Ethereum, this integration marks important progress in our mission to attach all L1 and L2 chains. We’re proud to ship a seamless and safe cross-chain expertise to those communities.”
– Ramani Ramachandran, Co-Founder & CEO of Router Protocol
Safety is a crucial focus for Router Protocol, having taken a number of measures to safe its community. Along with a bug bounty program with the safety platform Immunefi, the challenge has accomplished safety audits from Certik and Halborn and is presently present process a 3rd audit from Hacken.
Furthermore, the Router crew has a number of security measures constructed into its community together with:
- A modular sensible contract structure – denotes totally different contracts for features like liquidity, charges, voting, and many others. to separate out features in opposition to monolith constructions which is usually adopted.
- On-chain validation – the validation is achieved on-chain, which is safer than protocols utilizing off-chain consensus.
- An Remoted execution module – transactions are executed on a stateless execution pallet that may keep away from direct interplay with the bridge reserves. Maintaining the reserves remoted from the execution surroundings prevents malicious entities from accessing the reserve funds.
- A devoted proxy structure – Router Protocol retains the choice to replace the contract in case of any contract vulnerability/bug.
In different developments, the Router Protocol crew just lately introduced a governance proposal inviting the neighborhood to resolve which two EVM chains to combine subsequent. The governance occasion is a crucial step within the path of transitioning Router Protocol right into a community-governed challenge.