gm, welcome back to interop/acc.
Last week, LayerZero made interop the main character in crypto again. They offered $110M to acquire Stargate - one DAO buying another, both with actively traded tokens. That alone is rare. But the more interesting question is what it means.
Tom Kysar and I break down the whole thing: the logic behind LayerZero’s move, why the offer makes sense, what it signals to competitors, and why this could send bridging fees to zero.
I don’t say this lightly, but if (more like when if you ask me) this deal goes through, the interop space may never be the same again.
Key timestamps if you’d like to jump around:
0:00 - The $110M Proposal
14:35 - Why Someone Other Than LayerZero Buying Stargate is "Fairy Tale Ludicrous"
21:30 - Deconstructing the Valuation: A "Sicko Offer"
28:23 - What Does This Change for Community, Token Holders and Interop Ecosystem?
43:30 - Why the Bridging Ecosystem Might Never Be the Same Again
Hope you enjoy the episode.
- Arjun
Share this post