Coinbase-Backed Crypto Project Burns 303 Million ROUTE Tokens

TLDR Router Protocol will shut down all operations by Sept. 30, 2026. The team will burn 303,333,198 ROUTE tokens, about 30% of the total supply. Attempts to license, sell, or find a buyer for the technology did not produce a sustainable business. Router pointed to thin bridging fees and capital moving toward AI as reasons [...]

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