LiFi launches multi-bridge governance solution after Uniswap debate

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LiFi launches multi-bridge governance solution after Uniswap debate
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The aggregator has been released as cross-chain DAOs like Uniswap face questions about securing governance votes between chains.

Crypto exchange Uniswap is governed by a decentralized autonomous organization called UniswapDAO. In January, this DAO began discussing deploying a second copy of Uniswap to BNB Chain. This opened the question of how Uniswap would be governed on more than one chain since, previously, all votes were taken on the Ethereum network. On Jan. 24, the DAO voted toAlthough this proposal passed, controversyover the choice of Celer bridge as the means of sending messages.

In the debate leading up to the vote, many participants concluded that Uniswap should use multiple bridges instead of just one. This way, if one bridge became hacked, the other bridges would reject the malicious messages sent by it, and the attack would be prevented. However, no multi-bridge solution was available at the time. Hence, the proposal's supporters argued that Wormhole should be used until a multi-bridge solution could be created.In the Aug.

According to the aggregator’s documents, protocols can use LiFi to require that votes be confirmed on two out of three bridges to be valid. For example, if one bridge says that a DAO token holder voted “yes,” but the two other bridges say that they voted “no,” the “yes” vote will be confirmed. The aggregator can also be configured to use three out of five bridges or any other ratio the DAO wants.LiFI isn’t the only team to create a multi-bridge aggregator for DAO governance.

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