Stargate Group Suggests Elimination of Fantom USDC Pool to Scale back Danger

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Stargate, the LayerZero cross-chain bridge protocol, has responded to the latest “power majeure” incident that affected Multichain and stability issues surrounding Fantom’s main USDC asset.

To handle these issues and defend the ecosystem, Stargate is doing the next: launched We made complete proposals and launched a single-choice voting system for danger mitigation and ecosystem integrity. The voting interval for this proposal begins at 3:47 am on Could 27 and ends at 3:47 am on Could 30.

A screenshot exhibiting the variety of votes on the proposal.

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