ConsenSys adds 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle

by Aurelia Butler 8 February 2023, 23:40 129 Views

As Cointelegraph previously reported, venture capital firm Andreessen Horowitz cast a vote against the proposal. A16z, which reportedly holds 55 million UNI tokens, voted 15 million UNI against the move due to its reliance on the Wormhole bridge and instead supported using LayerZero as the interoperability protocol. LayerZero Labs is part of a16z’s portfolio and raised $135 million in a funding round in March, with a $1 billion valuation.

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Source: Cryptocurrency - investing.com

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ConsenSys adds 7.03M votes to Uniswap BNB Chain migration proposal amid VC battle

Disney to cut 7,000 jobs and slash $5.5 billion in costs as it unveils vast restructuring

U.S. Treasury’s Yellen still hopes to visit China but offers no details on timing

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