For the LayerZero defenders saying that Kelp should have been using a 2/2 DVN...
The 2/2 DVN of LZ + Nethermind processed the most volume of any other security configuration for LayerZero.
Head of BD at Solv protocol (LayerZero user) says there was a 94% admin overlap in the signers of those two different DVNs, which effectively means there was next to no additional security benefit even in a 2/2 DVN vs just using either as a 1/1. It was decentralization theater.
"LZ Labs DVN — 24 admins
Nethermind DVN — 17 admins
16 of those 17 Nethermind admins are also admins on the LZ Labs DVN — i.e. ~94% overlap. Anyone holding one of those 16 keys has admin power over both DVNs."
