Router Protocol Governance Proposal: Choosing the next two EVM chains to Integrate

At Router Protocol, we are incredibly excited to report that we have published, for the first time in a long time, a governance proposal. This marks one of the many governance events to come in the near future. The community will now be able to participate in voting to drive the overall direction of Router Protocol.

Overview

Background

In light of the recent discussion on Router’s discourse forum, we have decided to conduct a governance vote concerning the integration of various EVM-compatible chains. Following the successful launch of our mainnet with BSC and Polygon, we have announced the inclusion of three major EVM chains — Ethereum, Fantom, and Avalanche. With the integration of two of the most popular Ethereum rollups, Arbitrum, and Optimism, in the offing (currently being tested internally), we thought it was prudent to solicit the community’s opinion on the next two EVM chains to target.

Options

Voting Considerations

  • All ROUTE holders will be afforded one vote against each ROUTE token they hold on Polygon, BSC, and Ethereum. Unfortunately, ROUTE token holders on Avalanche and Fantom are not eligible to participate in this vote.
  • Users who have provided ROUTE token liquidity on Dfyn Exchange (whether or not they have staked their LP tokens in any Dfyn Exchange farms) will have 1.5x voting power, i.e. they will be given 1.5 votes against each ROUTE token staked. Note that the votes against DFYN LP tokens staked in other yield aggregating platforms won’t be taken into consideration.
    *This proposal is using the weighted voting strategy, i.e., each voter will have the option to spread their votes across any number of options.
  • The snapshot for this proposal has been taken at 6:30 P.M. UTC on Wednesday, April 6, 2022.
  • This governance event will remain live from 7:00 P.M. UTC on Wednesday, April 6, 2022, to 7:00 P.M. UTC on Friday, April 15, 2022.

Quorum Standards

The two options accruing the highest percentage of votes will be declared the winner.

This governance event is an important step in the direction of transitioning Router Protocol into a community-governed project. Stay tuned for updates as we will be launching more governance events in the coming days.

About Router Protocol

Router Protocol is building a suite of cross-chain infra primitives that aims to enable blockchain interoperability between current and emerging Layer 1 and Layer 2 blockchains.

Website: http://routerprotocol.com/

Mainnet: https://app.routerprotocol.com/

Documentation: https://docs.routerprotocol.com/

Twitter: https://twitter.com/routerprotocol

Telegram: https://t.me/routerprotocol

Telegram announcements: https://t.me/router_ann

Discord: https://discord.gg/yjM2fUUHvN

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