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LayerZero CEO Says Most KelpDAO Allegations Are False, Cites Manual DVN Change

Bryan Pellegrino said KelpDAO manually switched its DVN setup to 1/1 on April 1, 2024, while LayerZero documentation repeatedly recommends a 2/3 configuration for production use.

Summary

LayerZero CEO Bryan Pellegrino said most recent allegations involving KelpDAO are false and stated that Kelp manually changed its DVN setup to 1/1 on April 1, 2024. He said LayerZero documentation repeatedly recommends a 2/3 configuration for production environments, indicating the disputed setup did not match the protocol’s stated guidance. Pellegrino also said a full report will be released after an external security review.

Terms & Concepts
  • DVN: DVN (decentralized verifier network) is a LayerZero verification setup used to validate cross-chain messages before they are executed.
  • 1/1 configuration: A 1/1 configuration means a message can be verified by a single required verifier, offering a simpler but less distributed security model than multi-verifier setups.
  • 2/3 configuration: A 2/3 configuration generally requires approval from two out of three verifiers, a structure commonly used to improve fault tolerance and production security.