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The Uniswap DAO has approved a second non-binding proposal, called a “temperature check,” to make Wormhole the official bridge for cross-chain governance of the protocol between BNB Chain and Ethereum, according to the official proposal page.
Rupture: vortex won the vote to be the appointed bridge from uniswap to the binary chain! It is a great step forward in developing the challenge ecosystem. #DeFi #BNBChain #Uniswap #Wormhole
— BitArchive (@ChainArchives) January 31, 2023
The proposal will henceforth form part of a final rollout plan for Uniswap V3 on the BNB channel, A binding vote on governance will take place at some point.
The vortex had three competing bridge solutions in the dao referendum: layerzero, debridge and celer. He obtained a clear majority with 62.31 per cent of the votes. LayerZero was second at 37.58 per cent, and DeBridge and Celer each scored less than 0.1 per cent.
This is the second time that the DAO of Uniswap is trying to establish a consensus on the choice of transitional solutions. On Jan. 21, the DAO voted in a temp check to deploy Uniswap V3 on the BNB Chain and to utilize Celer bridge to handle cross-chain governance votes. However, even before this vote had finished, some community members had started to express security and centralization concerns regarding using Celer bridge.
Related: DeFi auditor gets $40,000 for identifying Uniswap vulnerability
The 27th of January, CAO members began voting on this second temperature check in order to make a clear decision on the bridge selection, given that the decision to deploy to the BNB channel had been decided during the previous vote.
The Solana-Ethereum version of Wormhole was hacked in February 2022, allowing the attacker to gain $321 million worth of crypto in one of the largest decentralized finance exploits ever. However, the vortex team replaced the aether () in the deck to reimburse users, and the bnb-ethereum version of the deck does not seem to have been affected by the exploit.
LayerZero was recently the subject of controversy, as a rival developer accused the bridging protocol of having security vulnerabilities. The LayerZero team dismissed the charge as deceptive.
