1 year ago
The LIFI enforcement projected that a squad of 4 researchers beryllium appointed to survey the thought of a multi-bridge approach.
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As Uniswap DAO’s ballot to deploy to BNB concatenation continues, LIFI CEO Phillip Zentner argued successful a February 6 forum station that the existent connection is flawed. According to him, the program to usage Wormhole arsenic the sole governance span for Uniswap should beryllium abandoned. Instead, helium claimed that Uniswap researchers should enactment connected a standardized strategy for utilizing aggregate bridges to grip governance decisions.
The ongoing treatment connected @Uniswap's forum is captious for the multi-chain ecosystem successful 2023.
TL;DR: Uniswap's exemplary for x-chain governance volition apt go manufacture standard.
As an unbiased subordinate of the community, @lifiprotocol is rooting for a multi-bridge implementation
In the post, Zentner stated that LIFI powerfully recommends “that Uniswap not prime 1 span supplier for its BNB Chain Deployment Proposal” due to the fact that “no azygous AMB [arbitrary messaging bridge] is tested capable to beryllium considered a robust and unafraid solution that a task of Uniswap’s size tin solely trust connected astatine this point.”
As grounds of this, Zentner reminded readers of the slew of span hacks the crypto assemblage has suffered implicit the past 2 years, stating:
“Lest it beryllium forgotten, 2 large AMBs were exploited successful the past 12 months (Nomad and Wormhole), portion LayerZero has besides travel nether occurrence precocious for its information exemplary (Prestwich 2, L2Beat). We bash not accidental this arsenic condemnation, rather, we constituent this retired to item conscionable however hard it is to physique unafraid AMBs and the consequent risks a dApp is exposed to by choosing a azygous bridging solution.”For this reason, LIFI wants to spot “a multi-bridge, agnostic approach” to Uniswap governance. Zentner projected that this could beryllium accomplished by appointing a squad of 4 engineers to survey the taxable and taxable a proposal.
Related: Wormhole wins 2nd “temp check” to go span for Uniswap
The LIFI CEO seemed to connote that the existent connection should beryllium voted down and the day of BNB Chain deployment postponed until astatine slightest March 27. According to an representation posted by Zentner, the Uniswap squad had antecedently acceptable a deadline of March 27 for a “final study published with assemblage recommendations.” Zenter said that helium believes this deadline tin inactive beryllium met, adjacent if the existent connection is voted down.
Venture superior steadfast a16z precocious attempted to use its 15 cardinal UNI tokens to ballot the BNB connection down, owed to the firm’s concerns astir Wormhole span security. However, Metamask developer ConsenSys has utilized its 7 cardinal UNI votes to support the proposal. The ballot is scheduled to extremity connected Feb. 10.
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