Ottersync Votes ‘Yes’ on Osmosis Proposal 207 — Gravity Ethereum Bridge
Summary
The current run-off vote taking place on Osmosis is one of the most important governance proposals we have seen in a while. Here is how Ottersync voted:
- 205 — YES to the runoff vote format
- 206 — no to Axelar
- 207 — YES to Gravity Bridge
- 208 — no to Nomad
- 209 — no to Wormhole
- 210 — no to not adopting a provider
Vote here at: https://wallet.keplr.app/#/osmosis/governance
Proposal 205 voting ends April 25th
Proposals 206 through 210 voting ends April 27th
Why We Voted for Gravity Bridge
As a validator for Gravity Bridge, we have seen some incredible progress made by the developer team, and we believe Gravity Bridge is a better fit as the Ethereum bridge over Axelar and the other competing bridges for the following reasons:
- Gravity Bridge has the lowest fees- Gravity Bridge uses a far more efficient rollup model leveraging higher traffic flows that allow for the fees to be up to ten times lower than Axelar and the others.
- Transparency- Gravity Bridge validators have integrated relayer functionality built in, increasing visibility and security. The smart contract itself is secured by the entire set of validators.
- Capacity- Gravity Bridge has opened up 200 validators slots on the active list to allow for increased capacity, efficiency, and true decentralization.
Learn more about why Gravity Bridge is the optimal choice by joining the their Discord server here.
Ottersync
Validate the Future
validate@ottersync.io
