Uniswap Chooses Wormhole to Connect BNB Chain and Ethereum
Participants in the Uniswap DAO have just voted most of the votes for the Wormhole cross-chain bridge as a single link between networks as part of the deployment of the protocol on BNB Chain.
Other candidates included Celer, LayerZero and deBridge. We should note that the Wormhole project received 62% of the vote.
Some developers have spoken out against Uniswap’s approach and claim that the single cross-chain bridge option creates a single point of failure for the protocol.
Variant Fund founder Jesse Walden has called the leading DEX’s decision sub-optimal. According to him, the platform should use various cross-chain bridges in order to “take advantage of the competition.”