Should the Lido DAO recognize the wstETH Bridge Endpoints on Mode as canonical? (Snapshot)
Summary: The Mode team proposes that Lido DAO recognize the wstETH bridge endpoints on Mode as canonical. If approved, Lido DAO will control the wstETH contract endpoints on Mode as a proxy administrator, but its authority is limited to upgrading the proxy contract and does not include management of the native bridge.
Vote: Recognize
Rationale: Expansion of wstETH to Mode is favorable, as Mode could potentially be a DeFi hub of the Superchain ecosystem and bring huge utility to wstETH. The only concern was the security. After reviewing the assessment provided by the working group of Lido on Ethereum protocol contributors, we do not see any issues with using this bridge.
Should the Lido DAO recognize the wstETH Bridge Endpoints on BNB as canonical? (Snapshot)
Summary: This proposes Lido DAO recognition of wstETH bridging to BNB. The plan includes proxy admin rights for the DAO and emergency pause functionality, aiming to establish a secure, multi-verifier bridge system.
Vote: Recognize
Rationale: Unlike previous bridge proposals, this one uniquely combines Wormhole and Axelar, rather than utilizing a canonical bridge for a specific rollup or chain. While TheDZhon’s suggestion to add more bridges with a 2/3 threshold would undoubtedly enhance security in the future, the current proposal seems to provide adequate security measures for the time being.