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

January 25, 2024
in Crypto/Coins
Reading Time: 1 min read
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“By unilaterally deploying a bridge and advertising and marketing it in an official-seeming means, it seems like you are attempting to strain the DAO into accepting your proposal to keep away from liquidity fragmentation and dangerous UX for customers,” Hasu, a Lido strategic advisor, stated within the Lido DAO boards. “Driving customers to it by advertising and marketing makes accepting an alternate bridge proposal extra painful. These actions put the DAO, Lido stakers, and taking part chains in a tough place.”

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Tags: AxelarBridgecryptoDAOEndorsingLayerZeroLidoRebukesRivalsWormhole
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