Uniswap Foundation releases cross-chain bridge assessment report, approves Wormhole and Axelar for use in its protocol governance

According to CoinDesk, the Uniswap Foundation has released a cross-chain bridge evaluation report, in which the largest decentralized exchange officially reviewed some of the core infrastructure that powers its governance process. The foundation hired a group of nine experts to analyze six cross-chain bridges, and after a comprehensive review involving code evaluation and direct interaction with cross-chain bridge teams, the committee approved Wormhole and Axelar for specific use cases in Uniswap’s protocol governance. Other cross-chain bridges, including LayerZero, Celer, deBridge, and Multichain, did not meet the foundation’s standards, and the report leaves the possibility of re-evaluating certain protocols after future updates.

Reference: https://www.coindesk.com/tech/2023/06/15/unveiling-the-uniswap-foundations-bridge-report-winners-and-losers/

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