{"id":549507,"date":"2023-02-09T00:45:00","date_gmt":"2023-02-08T21:45:00","guid":{"rendered":"https:\/\/en.buradabiliyorum.com\/uniswaps-bnb-deployment-should-use-multiple-bridges-claims-lifi-ceo\/"},"modified":"2023-02-09T00:45:00","modified_gmt":"2023-02-08T21:45:00","slug":"uniswaps-bnb-deployment-should-use-multiple-bridges-claims-lifi-ceo","status":"publish","type":"post","link":"https:\/\/buradabiliyorum.com\/en\/uniswaps-bnb-deployment-should-use-multiple-bridges-claims-lifi-ceo\/","title":{"rendered":"# Uniswap&#8217;s BNB deployment should use multiple bridges, claims LIFI CEO"},"content":{"rendered":"<div id=\"ez-toc-container\" class=\"ez-toc-v2_0_84 counter-hierarchy ez-toc-counter ez-toc-custom ez-toc-container-direction\">\n<p class=\"ez-toc-title\" style=\"cursor:inherit\">Table of Contents<\/p>\n<label for=\"ez-toc-cssicon-toggle-item-6a259939afb52\" class=\"ez-toc-cssicon-toggle-label\"><span class=\"\"><span class=\"eztoc-hide\" style=\"display:none;\">Toggle<\/span><span class=\"ez-toc-icon-toggle-span\"><svg style=\"fill: #dd3333;color:#dd3333\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" class=\"list-377408\" width=\"20px\" height=\"20px\" viewBox=\"0 0 24 24\" fill=\"none\"><path d=\"M6 6H4v2h2V6zm14 0H8v2h12V6zM4 11h2v2H4v-2zm16 0H8v2h12v-2zM4 16h2v2H4v-2zm16 0H8v2h12v-2z\" fill=\"currentColor\"><\/path><\/svg><svg style=\"fill: #dd3333;color:#dd3333\" class=\"arrow-unsorted-368013\" xmlns=\"http:\/\/www.w3.org\/2000\/svg\" width=\"10px\" height=\"10px\" viewBox=\"0 0 24 24\" version=\"1.2\" baseProfile=\"tiny\"><path d=\"M18.2 9.3l-6.2-6.3-6.2 6.3c-.2.2-.3.4-.3.7s.1.5.3.7c.2.2.4.3.7.3h11c.3 0 .5-.1.7-.3.2-.2.3-.5.3-.7s-.1-.5-.3-.7zM5.8 14.7l6.2 6.3 6.2-6.3c.2-.2.3-.5.3-.7s-.1-.5-.3-.7c-.2-.2-.4-.3-.7-.3h-11c-.3 0-.5.1-.7.3-.2.2-.3.5-.3.7s.1.5.3.7z\"\/><\/svg><\/span><\/span><\/label><input type=\"checkbox\"  id=\"ez-toc-cssicon-toggle-item-6a259939afb52\" checked aria-label=\"Toggle\" \/><nav><ul class='ez-toc-list ez-toc-list-level-1 ' ><li class='ez-toc-page-1 ez-toc-heading-level-1'><a class=\"ez-toc-link ez-toc-heading-1\" href=\"https:\/\/buradabiliyorum.com\/en\/uniswaps-bnb-deployment-should-use-multiple-bridges-claims-lifi-ceo\/#%E2%80%9D_Uniswaps_BNB_deployment_should_use_multiple_bridges_claims_LIFI_CEO_%E2%80%9C\" >&#8221; Uniswap&#8217;s BNB deployment should use multiple bridges, claims LIFI CEO &#8220;<\/a><\/li><\/ul><\/nav><\/div>\n<h1><span class=\"ez-toc-section\" id=\"%E2%80%9D_Uniswaps_BNB_deployment_should_use_multiple_bridges_claims_LIFI_CEO_%E2%80%9C\"><\/span>&#8221; Uniswap&#8217;s BNB deployment should use multiple bridges, claims LIFI CEO &#8220;<span class=\"ez-toc-section-end\"><\/span><\/h1>\n<p><img decoding=\"async\" src=\"https:\/\/images.cointelegraph.com\/images\/840_aHR0cHM6Ly9zMy5jb2ludGVsZWdyYXBoLmNvbS91cGxvYWRzLzIwMjMtMDIvYzU2OTg1YTMtMDY3Zi00YTU4LTllMjYtODRjNDczMjc4YmVmLmpwZw==.jpg\" \/><\/p>\n<div class=\"post-content\" data-v-4bbf85c5>As Uniswap DAO\u2019s vote to deploy to BNB chain continues, LIFI CEO Phillip Zentner <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/gov.uniswap.org\/t\/rfc-update-deploy-uniswap-v3-1-0-3-0-05-0-01-on-bnb-chain-binance\/19734\/91\">argued<\/a> in a February 6 forum post that the current proposal is flawed. According to him, the plan to use Wormhole as the sole governance bridge for Uniswap should be abandoned. Instead, he claimed that Uniswap researchers should work on a standardized system for using multiple bridges to handle governance decisions.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">The ongoing discussion on <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/Uniswap?ref_src=twsrc%5Etfw\">@Uniswap<\/a>&#8216;s forum is critical for the multi-chain ecosystem in 2023.<\/p>\n<p>TL;DR: Uniswap&#8217;s model for x-chain governance will likely become industry standard.<\/p>\n<p>As an unbiased member of the community, <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/lifiprotocol?ref_src=twsrc%5Etfw\">@lifiprotocol<\/a> is rooting for a multi-bridge implementation<\/p>\n<p>\u2014 Philipp Zentner | LI.FI (@PhilippZentner) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/PhilippZentner\/status\/1622569946499915776?ref_src=twsrc%5Etfw\">February 6, 2023<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script>In the post, Zentner stated that LIFI strongly recommends \u201cthat Uniswap not select one bridge provider for its BNB Chain Deployment Proposal\u201d because \u201cno single AMB [arbitrary messaging bridge] is tested enough to be considered a robust and secure solution that a project of Uniswap\u2019s size can solely rely on at this point.\u201d<\/p>\n<p>As evidence of this, Zentner reminded readers of the slew of bridge hacks the crypto community has suffered over the past two years, stating:<\/p>\n<blockquote><p>\u201cLest it be forgotten, two major AMBs were exploited in the past twelve months (Nomad and Wormhole), while LayerZero has also come under fire recently for its security model (Prestwich 2, L2Beat). We do not say this as condemnation, rather, we point this out to highlight just how difficult it is to build secure AMBs and the subsequent risks a d<a href=\"https:\/\/buradabiliyorum.com\/en\/category\/download-scripts-themes-apps\/\" data-internallinksmanager029f6b8e52c=\"9\" title=\"Download Scripts &amp; Themes &amp; Apps\" target=\"_blank\" rel=\"noopener\">App<\/a> is exposed to by choosing a single bridging solution.\u201d<\/p><\/blockquote>\n<p>For this reason, LIFI wants to see \u201ca multi-bridge, agnostic approach\u201d to Uniswap governance. Zentner proposed that this could be accomplished by appointing a team of four engineers to study the subject and submit a proposal.<\/p>\n<p><strong>Related: <\/strong><strong>Wormhole wins second \u201ctemp check\u201d to become bridge for Uniswap<\/strong><\/p>\n<p>The LIFI CEO seemed to imply that the current proposal should be voted down and the date of BNB Chain deployment postponed until at least March 27. According to an image posted by Zentner, the Uniswap team had previously set a deadline of March 27 for a \u201cfinal report published with community recommendations.\u201d Zenter said that he believes this deadline can still be met, even if the current proposal is voted down.<\/p>\n<p>Venture capital firm a16z recently attempted to use its 15 million UNI tokens to vote the BNB proposal down, due to the firm\u2019s concerns about Wormhole bridge security. However, Metamask developer ConsenSys has used its 7 million UNI votes to support the proposal. The vote is scheduled to end on Feb. 10.<\/p>\n<p><template data-name=\"subscription_form\" data-type=\"defi_newsletter\"><\/template><\/div>\n<blockquote><p><strong><span style=\"color: #ff6600;\">If you liked the article, do not forget to share it with your friends. Follow us on\u00a0<span style=\"color: #ff0000;\"><a style=\"color: #ff0000;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMLG0nwswvr63Aw\" target=\"_blank\" rel=\"nofollow noopener noreferrer\">Google News<\/a><\/span>\u00a0too, click on the star and choose us from your favorites.<\/span><\/strong><\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\">For forums sites go to <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/forum.buradabiliyorum.com\/\" target=\"_blank\" rel=\"noopener\">Forum.BuradaBiliyorum.Com<\/a><\/span><\/strong>\n<\/p><\/blockquote>\n<blockquote>\n<p style=\"text-align: center;\"><strong>If you want to read more <a href=\"https:\/\/buradabiliyorum.com\/en\/category\/news\/\" data-internallinksmanager029f6b8e52c=\"2\" title=\"News\" target=\"_blank\" rel=\"noopener\">News<\/a> articles, you can visit our <span style=\"color: #ff9900;\"><a style=\"color: #ff9900;\" href=\"https:\/\/en.buradabiliyorum.com\/general\/\" target=\"_blank\" rel=\"noopener\">General category.<\/a><\/span><\/strong><\/p>\n<\/blockquote>\n<p><span style=\"color: black;\"><a style=\"color: #ff9900;\" href=\"https:\/\/cointelegraph.com\/news\/uniswap-s-bnb-deployment-should-use-multiple-bridges-claims-lifi-ceo\" target=\"_blank\" rel=\"noopener\">Source<\/a><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&#8221; Uniswap&#8217;s BNB deployment should use multiple bridges, claims LIFI CEO &#8220; As Uniswap DAO\u2019s vote to deploy to BNB chain continues, LIFI CEO Phillip Zentner argued in a February 6 forum post that the current proposal is flawed. According to him, the plan to use Wormhole as the sole governance bridge for Uniswap should&#8230;<\/p>\n","protected":false},"author":1,"featured_media":549508,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"fifu_image_url":"https:\/\/s3.cointelegraph.com\/uploads\/2023-02\/c56985a3-067f-4a58-9e26-84c473278bef.jpg","fifu_image_alt":"","footnotes":""},"categories":[1],"tags":[76411,74863,74868,74891,132614,74892,117,70375,72287,71407],"class_list":["post-549507","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-general","tag-coin-governance-system","tag-cryptocurrencies","tag-defi","tag-ethereum","tag-governance-token","tag-tokens","tag-business","tag-cybersecurity","tag-security","tag-trading"],"_links":{"self":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/549507","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/comments?post=549507"}],"version-history":[{"count":0,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/posts\/549507\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media\/549508"}],"wp:attachment":[{"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/media?parent=549507"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/categories?post=549507"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/buradabiliyorum.com\/en\/wp-json\/wp\/v2\/tags?post=549507"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}