Stargate, the LayerZero cross-chain bridge protocol, has responded to the current “power majeure” incident affecting Multichain, in addition to stability points surrounding all of USDC, Fantom’s major USDC asset.
To deal with these considerations and shield the ecosystem, Stargate has launched a full proposal and launched a one-choice voting system for danger mitigation and ecosystem integrity. The voting interval for the proposal started at 3:47 a.m. on Could 27 and can finish at 3:47 a.m. on Could 30.
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