Cross-chain protocol LayerZero recently introduced a new bridged token, sparking controversy within the Ethereum ecosystem. Connext, Chainsafe, Sygma, LiFi, Socket, Hashi, Across, Celer, and Router jointly criticized this token in a statement released on October 27. They referred to the token’s standard as a “vendor-locked proprietary standard” that restricts the freedom of token issuers. The […]
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