Ethereum

Lido DAO Endorses Crypto Bridge Rival Wormhole, Axelar, Condemns LayerZero

“By unilaterally deploying the bridge and marketing it in a way that looks official, it feels like they are trying to pressure the DAO into accepting their offer to avoid liquidity fragmentation and bad UX for users,” said Hasu, a Lido strategic advisor. Lido DAO Forum. “Leading users through marketing makes it more difficult for them to accept alternative bridge offers. This behavior puts the DAO, Lido stakers, and participating chains in a difficult position.”

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