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

by Jeremy

“By unilaterally deploying a bridge and advertising it in an official-seeming approach, it looks 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 way of advertising 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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