On July 23, Router Protocol, a cross-chain interoperability protocol, announced that the Router Chain mainnet will launch on July 30, 2024. This week, they will launch the StakeDrop staking incentive plan, which will last for 90 days. The StakeDrop staking incentive plan will introduce the DROP point system to calculate user rewards, and will use a time-weighted model and daily compound interest mechanism. In addition to this activity, old ROUTE tokens will be migrated to the new ROUTE tokens on Router Chain at a ratio of 1:33.33.
Router will launch the Router Chain mainnet on July 30
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