Avail & Router Protocol collaborate to make AVAIL Token Omnichain

We are thrilled to announce our partnership with Avail, enabling Router Protocol to bridge AVAIL Token to various Layer-2s like Arbitrum and Optimism.

This partnership empowers Router Protocol’s robust infrastructure to seamlessly facilitate the movement of AVAIL Token token from Ethereum to Layer-2s and vice versa. This enhances the user experience and makes it more efficient and cheaper.

Avail is building the web3 unification layer of web3 and recently launched Avail DA mainnet and AVAIL token. Avail DA is the data availability layer that combines validity proofs and data availability sampling to provide secure DA guarantees, enabling entire networks of blockchains to scale efficiently. AVAIL token is at the heart of the Avail project and powers the network — pay fees, stake to secure, and more.

Nitro, the ultra-fast and low-fee asset-transfer and swap bridge by Router Protocol, has been widely accepted by the community. Since its launch, it has processed over $1 billion in volume across 1 million+ transactions, a testament to its reliability and efficiency. Router Nitro currently supports over 30+ Layer1s and Layer2s.

Our partnership with Router Protocol is a major step for the AVAIL token and our community. By making AVAIL omnichain, we’re significantly enhancing its utility and accessibility across Ethereum and top Layer-2 networks. This aligns perfectly with our vision of building the Web3 unification layer, especially following our Avail DA mainnet launch, said Anurag Arjun, Co-founder, Avail. Additionally, Nitro’s reward hub will offer further incentives for our users.

The Founder and CEO of Router Protocol, Ramani Ramachandran, said, We are excited to be supporting AVAIL going omnichain. The team at Avail has been a delight to work with, and the token migration only is a small preview of the synergies between the two projects. We will do so much more with Avail.

Nitro will also feature AVAIL movement in its reward hub, allowing users to earn boosted Nitro points by bridging AVAIL tokens. The integration is a win-win for both teams, allowing the Avail community to bridge their tokens and use them for various DeFi activities on Layer-2s. Having tokens on Layer-2s improves the token velocity as holders can quickly take action without worrying about high gas fees on Ethereum Mainnet.

Overall, we are very excited about this launch, and more details will be available shortly as soon as the integration goes live!

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