Stargate community proposes removal of Fantom USDC pool to mitigate risks

This figure shows that about 96.55% of the neighborhood is in line with the proposal.Screenshot showing the number of votes for the proposal.Subsequently, Stargate means to separate the Fantom pools from all other pools in the network, making sure the prevention of any possible contamination or negative effects on the more comprehensive Stargate environment. The Fantom pools are efficiently segregated from other pools within the Stargate network.In order to boost ecosystem protection and address possible concerns related to anyUSDC on Fantom, the proposal suggests the removal and relaxing of anyUSDC POL through Multichain. In addition, Stargate proposes checking out alternative bridging alternatives for Fantom users, such as potentially making use of Hydra.Related: Stargate foundation advises DAO against reissuing STG tokensOn May 25, Binance stated a short-term halt on deposits for bridged tokens associated with Multichain.

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