Across Protocol's co-founder, Hart Lambur, addressed concerns about a vulnerability in the ACX token contract by proposing a supply cap of 1 billion tokens. Lambur refuted claims of a critical flaw in the ERC-20 implementation, suggesting a fixed supply limit to enhance the token model. This change, requiring no contract updates, would relinquish control over the token from Across Governance, preventing future alterations in supply. The proposal aims to ensure stability and growth for stakeholders. Across, a cross-chain token bridge, has processed over 9 million transactions worth $12 billion. Lambur's initiative came in response to LayerZero Labs' Bryan Pellegrino's warnings about potential exploits in the token contract. Pellegrino raised concerns about unauthorized token withdrawals and unlimited minting, prompting Lambur to defend the protocol against what he deemed as fear-mongering tactics. Oluwapelumi and Liam Wright, contributors to CryptoSlate, advocate for the transformative power of decentralized technology. Read more AI-generated news on: https://app.chaingpt.org/news