Andreessen Horowitz (a16z), a venture capital firm, reportedly participated in a vote that was cast against a final proposal to install Uniswap v3 on the BNB chain using the Wormhole bridge, as stated by the Uniswap DAO forum. This information was taken from the forum where it was posted.

On February 2, 0xPlasma Labs submitted a governance request on behalf of the Uniswap community seeking permission to deploy the latest version of Uniswap on the BNB chain. This request was made by 0xPlasma Labs. During the preliminary vote on the proposal, 20 million votes were cast in favor, equivalent to 80.28 percent of the total, and 4.9 million votes against (19.72 percent). percent of the total). On February 5, the venture capital firm used its UNI 15 million stake to vote against the resolution. This action was taken in opposition to the measure. The motion that was made was in direct opposition to the action that was executed.

Although there were a total of 23.4 million votes cast prior to the publication of this article, only 3% of all UNI tokens had participated in the voting process at that time. This was despite the fact that there were a total of 23.4 million votes cast. According to the schedule, the last day that voters will be able to cast their vote will be February 10. This day marks the end of the voting period.

The disagreement arises from the fact that a cross-chain bridge was not properly planned before the implementation took place, which is the main source of the problem. The Wormhole bridge is used in the framework of the proposal, and a16z offers support for the incorporation of LayerZero as an interoperability protocol. In the paragraphs that follow, each of these facets will be considered in greater depth.