[RFC - Update] Deploy Uniswap v3 (1 / 0.3 / 0.05 / 0.01) on BNB Chain (Binance)

Blockchain@Columbia’s Uniswap governance team has considered this temperature check with great importance. We appreciated @jkol 's reference to our post the RFC: Uniswap Universal Governance Module - #21 by blockchaincolumbia shared by @jason_of_cs. For anyone who hasn’t, we encourage you to read the post where we proposed a “synergy between Axelar and Hyperlane[previously Abacus] inheriting the PoS validator-set model of Axelar (AXL tokens, which could potentially in an application-specific setting be just the UNI tokens) with the application-customizability of Abacus as having the ideal model for Uniswap’s current purposes, with UNI token holders freely participating in the system (this can be implemented in a variety of ways).” We took extensive time to consider various bridging providers including LayerZero, Wormhole, Nomad, Axelar, and Hyperlane (Abacus), which wouldn’t have been possible without @jason_of_cs a prominent researcher in the AMM space.

As we know, Axelar and Hyperlane weren’t considered for this temperature check, and it raises questions on the hast at which the community is coming to a decision. @pennblockchain, as well as other university organizations, have provided sound commentary on this debate, and we agree with @devinwalsh from the UF team that “assessments of bridge security are time intensive and require significant technical expertise and context.” As of the time of writing this post, it’s clear that LayerZero and Wormhole are the two competing players to win this temperature check, and we’re fortunate to have discussions with both LayerZero and Wormhole

In light of the commentary published by James Prestwich, reading forum responses, and our belief that there are many strong contenders in the bringing space not mentioned in this vote. We find it difficult to choose between, LayerZero and Wormhole, and if an abstain/wait option existed, we’d prefer to vote that way. However, as this is a temperature check, with a deadline of tomorrow, we will be voting for Wormhole.

With more time to assess the technicalities of each bridging option, perhaps we will revise our decision and vote differently for LayerZero or other providers.

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