Fantom Foundation endorses Axelar and LayerZero bridge solutions amid Multichain concerns
“Both Axelar and LayerZero are current bridging solutions that are becoming popular choices amongst builders on Fantom,” the foundation
. “FDN [foundation] will continue to assist with awareness and encourage further development options as new assets are issued + adopted on the network.”that Multichain has historically driven much of the Fantom network’s total value locked and transaction volume, largely due to its early mover advantage. However, given the recent suspicious activities, the foundation is pushing to diversify into other bridge solutions.
"The Foundation will look to seed both Axelar and LayerZero issued asset pools directly with the bridges themselves to encourage protocol liquidity and confidence," it
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