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LiFi launches multi-bridge governance solution after Uniswap debate

Published 08/18/2023, 03:10 PM
Updated 08/20/2023, 05:20 PM

Multichain bridging protocol LiFi has launched a multi-message aggregator for decentralized autonomous organization (DAO) governance, according to an Aug. 17 announcement from LiFi research lead Arjun Chand. If implemented by decentralized exchanges, lending apps and other Web3 protocols, the new aggregator should help prevent governance attacks that originate from cross-chain bridges, according to the aggregator’s documentation.

The announcement comes after a vigorous debate over bridge security on the Uniswap forums in late January and early February concluded that no single bridge has all the security features necessary for secure governance.

UniswapDAO proposal for cross-chain governance. Source: Uniswap
LiFi bridge aggregator design diagram. Source: LiFi

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