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via The Block · By The Block Editorial

Kelp DAO ditches LayerZero for Chainlink's cross-chain infrastructure following $292 million exploit

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The Block Editorial
(09:22 PM UTC)
1 min read
SC
Approved bySarah Chen

Kelp DAO, the DeFi lending protocol at the center of the $292 million bridge exploit last month, is dropping LayerZero as its cross-chain infrastructure provider in favor of Chainlink. 

With the move, Kelp DAO is "the first major protocol to move away from LayerZero since the exploit," a Chainlink representative told The Block. 

Many onlookers blame LayerZero at least partially for the…

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The Block Editorial · The Block

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