The Coinbase Ventures-backed bridge project closes all operations by September 30 after bridge fees collapsed. A burn of 30 percent of ROUTE supply is planned.

#CoinbaseVentures #CrossChain #Defi #RouteToken #RouterProtocol

Coinbase Ventures-backed Router Protocol will cease operations by Sept. 30 and burn 30% of ROUTE supply after commercialization and sale efforts failed.

#CoinbaseVentures #Defi #Route #RouterProtocol #TokenBurn

Router Protocol to shut down on Sept. 30, 2026 and burn 303 million ROUTE tokens

https://newisty.com/blog/router-protocol-to-shut-down-on-sept-30-2026-and-burn-303-million-route-tokens?utm_source=social&utm_campaign=crypto_news

#routerprotocol #route #bridge

Router Protocol to shut down by Sept. 30 after business model collapse

https://newisty.com/blog/router-protocol-to-shut-down-by-sept-30-after-business-model-collapse?utm_source=social&utm_campaign=crypto_news

#routerprotocol #bridge #coinbase

Coinbase-backed Router Protocol to shut down, burn 303 million ROUTE tokens

https://newisty.com/blog/coinbase-backed-router-protocol-to-shut-down-burn-303-million-route-tokens?utm_source=social&utm_campaign=crypto_news

#routerprotocol #defi #coinbase

The cross-chain project closes by Sept. 30 after four years, citing thin liquidity and failed fundraising.

#CrossChain #Defi #RouterProtocol #Shutdown #TokenBurn #Web3