Stargate, LayerZero’s cross-chain bridge protocol, responded to the current power majeure incident affecting Multichain, in addition to stability points with anyUSDC, Fantom’s fundamental USDC asset.
To resolve these issues and defend the ecosystem, Stargate has offered complete proposal and initiated a single-choice voting system for threat mitigation and ecosystem integrity. Voting on the proposal started on Might 27. 3:47 a.m. and can finish on Might 30. 3:47 a.m.
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