Blockchain
The Uniswap Basis’s government director stated a cross-chain bridge governance vote garnered “extra consideration than any Uniswap proposal in latest reminiscence.”
Devin Walsh’s submit got here after a spirited debate over which bridge — a protocol used to attach blockchains — will likely be used to tie Uniswap with Binance’s BNB Chain. Wormhole prevailed in a group “temperature verify” that attracted important involvement, each publicly and behind the scenes, from a few of DeFi’s most deep-pocketed backers, together with a16z and Bounce.
Walsh wrote that the “remaining Governance vote will transfer ahead with the outcomes of the latest Snapshot Ballot.”
“In different phrases, no votes voiced outdoors of the Snapshot ballot will likely be counted within the outcomes,” Walsh continued. “The proposal to deploy Uniswap v3 on BNB Chain will go ahead to the ultimate governance vote with Wormhole as the chosen bridge.”
Second place
LayerZero, which got here in second place within the vote, argued in a press release Tuesday that, in gentle of sentiments expressed by Uniswap stakeholders, it was the “most well-liked bridge” out of the group. The startup additionally argued that the muse ought to maintain a vote with each Wormhole and LayerZero as choices.
In her submit, Walsh wrote that the muse “noticed the clear alternative to create a greater course of for future cross-chain deployment proposals” and invited suggestions on a proposal for a cross-chain bridge evaluation group.
Walsh stated that the controversy over the bridge choice “highlighted the pressing want for a greater course of to be applied for bridge choice” in addition to extra analysis “into bridges for governance, and into bridge-agnostic options for protocols.”
“We hope our learnings, and the brand new course of we create from right here, will contribute to the creation of extra seamless, commonplace processes and technological options that different protocols can profit from as they contemplate deploying throughout different chains,” she wrote.
