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THE HASH: Headlines - Top Stories of the Week 02-06-23

CoinDesk Podcast Network

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DeFi Governance: Wormhole Versus Layer Zero?

Wormhole versus layer zero are kind of the two big bridging solutions that are being proposed here. A16Z is sort of in the layer zero camp with jump being a primary backer of wormhole. And I think what people are seeing here unfold is potentially some degree of conflict of interest, right? Because all these tokens are also liquid and the price of these tokens are often influenced by whatever decision is the ultimate outcome.

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