HomeCrypto GamingLido DAO Rebukes LayerZero by Endorsing Rivals Wormhole, Axelar for Crypto Bridge

Lido DAO Rebukes LayerZero by Endorsing Rivals Wormhole, Axelar for Crypto Bridge

-

“By unilaterally deploying a bridge and marketing it in an official-seeming way, it feels like you are trying to pressure the DAO into accepting your proposal to avoid liquidity fragmentation and bad UX for users,” Hasu, a Lido strategic advisor, stated within the Lido DAO boards. “Driving users to it through marketing makes accepting an alternate bridge proposal more painful. These actions put the DAO, Lido stakers, and participating chains in a difficult position.”

LEAVE A REPLY

Please enter your comment!
Please enter your name here

LATEST POSTS

U.S. Digital Assets Tax Policy Getting Hearing During ‘Crypto Week’

Because the U.S. Home of Representatives digs into digital property coverage throughout what lawmakers have styled "Crypto Week" subsequent week, the committee that focuses...

From Wild West to Regulated Innovation

The journey of cryptocurrency buying and selling always evolves and has been nothing wanting revolutionary. Proper from the beginning, the cryptocurrency panorama has been...

Less Hype, More Utility: 5 Ways NFTs Are Rebuilding in 2025

After watching the NFT market balloon, implode, and now begin to quietly...

Apple approves SaruTobi, the first mobile game with Bitcoin-powered IAPs

Launched on the App Retailer in 2013, however then banned for its use of Bitcoin, monkey flinging cell sport SaruTobi is again on iPhones,...

Most Popular

spot_img