Please read the entire proposal before voting. Proposal Link: https://routerprotocol.medium.com/dao-proposal-final-deadline-for-route-v1-to-route-v2-migration-59688879f7c4

Options

Option 1: End Migration

End migration on August 25, 2025. All unmigrated ROUTE v1 tokens will be considered burned and equivalent new ROUTE tokens (i.e 1 ROUTE v1 = 33.33 new ROUTE) will be burnt and permanently removed from circulation.

Option 2: Extend Migration

Extend migration deadline by 6 months until February 25, 2026. All users will be eligible to claim 100% of their tokens.

Option 3: Partial Claim

Extend migration deadline by 6 months until February 25, 2026, but only 50% of unclaimed tokens will be redeemable post August 25, 2025. The remaining 50% non-redeemable ROUTE v1 tokens will be considered burned and equivalent new ROUTE tokens (1 ROUTE v1 = 33.33 new ROUTE) will be burnt and permanently removed from circulation

Voting Considerations

• All ROUTE holders will be afforded one vote against each new ROUTE token they hold.
• Users who have staked ROUTE on Router Chain will also be awarded 1:1 voting power per ROUTE token staked.
• Snapshot of ROUTE holders has been taken on 23rd July.
• This proposal is using the weighted voting strategy, i.e., each voter will have the option to spread their votes across both options.
• This governance event will remain live from Monday, July 23, 2025 on Friday, July 27, 2025 at 5:00 PM UTC.

Quorum Standards

The options will be ranked based on the percentage of votes each option accrues. The option with the highest number of votes will be considered final.