Wormhole x Axelar | Lido Bridge: Implementation for wstETH on BNB Chain

A working group of the Lido on Ethereum protocol contributors (@TheDZhon, @psirex) has evaluated the current proposal and ended up with the conclusion that the solution adheres to the expectations set via initial RFP and corresponding temp check vote. The deployed codebase is audited, parameters are expected, and ACL setup corresponds to the provided above.

Some additional thoughts for future reference:

  • it might be prudent to add additional bridge validators in the future and have a threshold scheme 2/3 for the sake of message delivery robustness
  • the current limit of 30k wstETH might be re-evaluated based on the market activity and traction
  • future NTT improvements might suggest timelock mechanics for the pause reaction window to be prolonged

Looking forward to seeing a snapshot vote live :saluting_face:
Hope the Lido DAO will consider the proposal favorably.

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