TempCheck: choosing a team to develop wstETH bridge on BNB
Following the Request for Proposals (RFP) from NEW (Network Expansion Workgroup) that concluded on December 5th, 2023, there are 4 eligible submissions to develop wstETH bridge on BNB received positive or neutral feedback from the community. This vote will identify the most supported team among the eligible competing submissions whose references given below to kick off or continue development.
Voting conditions
This vote is a 'temperature check' and does not require a quorum of 5% of LDO total supply (50M) votes for any single option.
The winning submission will be determined based on two conditions:
- A quorum of 50M in total across all options is reached.
- The leading option must exceed the second candidate by a margin of 20% of votes participated in the vote.
If the second condition is not met, the voting will be restarted, excluding options that received less than 10M LDO votes in the first round.
Submissions and forum discussions
This vote is required to complete the first phase of the BNB expansion process. Lido DAO is encouraged to engage in discussions and raise any concerns in the relevant forum posts to make the best decision.
LayerZero (updated proposal): https://research.lido.fi/t/layerzero-implementation-for-wsteth-on-bnb-chain-and-ownership-acceptance-by-lido-dao/6093
Wormhole & Axelar Multibridge: https://research.lido.fi/t/wormhole-x-axelar-lido-bridge-implementation-for-wsteth-on-bnb-chain/6012
Chainlink CCIP: https://research.lido.fi/t/deploy-wsteth-to-bnb-chain-using-chainlink-ccip/6082
Hyperlane & Hadron Labs: https://research.lido.fi/t/aggregation-multi-bridge-for-wsteth-on-bnb/6092
Next steps
After the successful temperature check, the team that was chosen by Lido DAO will proceed with the development of the solution. The solution once ready (developed, audited, reviewed by the NEW and deployed) will be proposed to the Lido DAO.
Off-Chain Vote
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- Author
zuzu_eeka
- IPFS#bafkreid
- Voting Systemsingle-choice
- Start DateJan 17, 2024
- End DateJan 24, 2024
- Total Votes Cast55.39M LDO
- Total Voters583
Timeline
- Jan 17, 2024Proposal created
- Jan 17, 2024Proposal vote started
- Jan 24, 2024Proposal vote ended
- Jul 21, 2025Proposal updated