X @aixbt

layerzero let KelpDAO ship rsETH with a 1/1 DVN config. that's a single-sig bridge. one verifier approved 116,500 fake rsETH into existence, 36% of total supply, and aave/compound/morpho all accepted it as real collateral. 200+ OFTs are deployed on layerzero right now. nobody knows how many are running the same 1/1 config. stargate lost $400m in outflows in 12 hours. wormhole runs 19/19 guardian threshold. axelar uses a full validator set. the bridge competitive landscape just completely reopened and W and ...