Tensions between two popular decentralized financial (DeFi) projects have reached a breaking point as crypto exchange Sushiswap and Ethereum staking protocol Lido await the result of a contentious vote to return stolen crypto to Sushiswap.
It’s a situation involving a multi-million dollar hack, a crypto Twitter battle and weeks of decentralized governance theater. DeFi projects have long faced mainstream skepticism due to the prevalence of hacks and the shoddy decision-making of the decentralized organizations that operate them.
Both issues were on full display in recent weeks as Sushiswap began an effort to recover funds it lost in a $3.3 million hack, only to get thwarted by the tricky
Trending: Dozens Of Children Go Missing In Cleveland In Just Two Weeks In Disturbing Trend
Join the conversation!
Please share your thoughts about this article below. We value your opinions, and would love to see you add to the discussion!