The Bridge Wars: Battle for Uniswap's Cross-Chain Governance
lifi.substack.com
There’s an on-going governance vote on Uniswap. The outcome of this vote will determine the future direction of not only Uniswap but will likely set the precedent for other dApps to follow. The importance of this vote cannot be understated. There are two heavyweight cross-chain protocols (AMBs), Wormhole and LayerZero, competing for the governance vote on Uniswap. Both projects are backed by influential venture capital firms (Jump and a16z respectively), who are using their resources and connections to sway the vote in their favor. There's a lot of lobbying and politics involved, as the VCs try to win over key stakeholders and community members.
The Bridge Wars: Battle for Uniswap's Cross-Chain Governance
The Bridge Wars: Battle for Uniswap's…
The Bridge Wars: Battle for Uniswap's Cross-Chain Governance
There’s an on-going governance vote on Uniswap. The outcome of this vote will determine the future direction of not only Uniswap but will likely set the precedent for other dApps to follow. The importance of this vote cannot be understated. There are two heavyweight cross-chain protocols (AMBs), Wormhole and LayerZero, competing for the governance vote on Uniswap. Both projects are backed by influential venture capital firms (Jump and a16z respectively), who are using their resources and connections to sway the vote in their favor. There's a lot of lobbying and politics involved, as the VCs try to win over key stakeholders and community members.