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Author Topic: LayerZero Token Sparks Ethereum Protocol Dispute  (Read 2914 times)

Offline coingabbarmarket

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LayerZero Token Sparks Ethereum Protocol Dispute
« on: October 30, 2023, 12:30:20 PM »
LayerZero Token Causes Ethereum Protocol Controversy
LayerZero, a new token, got criticism from nine Ethereum protocols. According to them, they claim that the LayerZero token is a "vendor-locked proprietary standard" that restricts token issuer freedom.

This token, Wrapped Staked Ether (wstETH), was launched on BNB Chain, Avalanche, and Scroll without approval from the Lido DAO. LayerZero said that the DAO approved it, leading to controversy.

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LayerZero Token Sparks Ethereum Protocol Dispute
« on: October 30, 2023, 12:30:20 PM »

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Offline cryptoworld1

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Re: LayerZero Token Sparks Ethereum Protocol Dispute
« Reply #1 on: November 02, 2023, 07:59:51 AM »
LayerZero Token Sparks Ethereum Protocol Dispute

LayerZero Token Causes Ethereum Protocol Controversy
LayerZero, a new token, got criticism from nine Ethereum protocols. According to them, they claim that the LayerZero token is a "vendor-locked proprietary standard" that restricts token issuer freedom.

This token, Wrapped Staked Ether (wstETH), was launched on BNB Chain, Avalanche, and Scroll without approval from the Lido DAO. LayerZero said that the DAO approved it, leading to controversy.



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