Inside the Stargate Acquisition Battle with Robinson Burkey
How should crypto acquisitions be handled?
In today's episode, Robinson from Wormhole explains why they countered Layer Zero's Stargate bid with $120 million in USDC. With less than 1% voter turnout and a 96-hour timeline that made due diligence impossible, Robinson argues the process was fundamentally broken.
We cover the messy reality of DAO governance, intertwined voter interests, and why Robinson believes on-chain acquisitions are predatory.
Let's get into it.
The Rollup
Website: https://therollup.co/
Spotify: https://open.spotify.com/show/1P6ZeYd...
Podcast…
The skinny
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