The Defiant
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馃棾 Sham Votes and Unicorns

GM Defiers, we have a DEX and “Layer” heavy newsletter today. The main piece of DeFi drama rippling through the community’s town hall (aka Twitter) is Arbitrum’s first governance vote. Amid that Layer 2 controversy comes the LayerZero raise at a staggering $3B valuation. Meanwhile, Layer 2s are enabling next-gen DEXs, and also on the…