In the vote on Uniswap, wormholecrypto won out over LayerZero, which had been a target of recent criticism for under-publicized security risks, skesslr reports.
on Tuesday to become the official governance bridge for Uniswap – the largest decentralized exchange platform by trading volume – when its version 3 platform arrives on Binance’s BNB Chain.– vital pieces of crypto infrastructure that allow users to pass assets and other data between blockchains. The Wormhole bridge will eventually be used to give Uniswap v3 users on BNB Chain the ability to participate in the Uniswap DAO’s Ethereum-based governance process.
The vote was technically a “signaling” proposal, meaning its passage does not automatically install Wormhole as Uniswap’s official BNB bridge. Instead, the outcome means Wormhole will be written into an upcoming, official proposal to deploy Uniswap v3 on BNB chain.expires on Apr. 1. Once the license expires, copycats will be able to clone Uniswap’s code to launch competing projects., 80% of UNI voters signaled that they were in favor of bringing Uniswap v3 to BNB Chain.
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