I just used Connext to go from Polygon to Evmos, and it seemed to work pretty good. I've heard some good things about Axelar, particularly the team behind it. Will definitely dig in to a lot more detail at some point soon, as like you I approach bridged assets with caution.
It is concerning that all this happened. The key thing I'm watching for is the response, and signs that they learn the lessons. Talk is cheap, we saw with Thorchain that it took a couple of exploits before they really took it all seriously. Now it is battle tested and likely one of the most secure Dex's out there. Hoping that Osmosis takes this lesson and fortifies itself much better for the future.
IBC itself still has not been tested by a successful attack yet. I'm hopeful that doesn't happen, but always alert.
Posted Using LeoFinance Beta
Yes, it is somewhat "slow, but sure," so it has won me over. In particular, it seems like it is well coded to know whether there are any issues. In advance! What a concept (thinking of my experience on some other bridges I could name) ...
And the cost? I transferred $$s to EVMOS for almost nothing. I frankly don't know how they make money and even cover their costs, but I assume they know what they are doing. With volume ...
Yes. Huge to me is they have claimed everyone will be "made whole." The time and expense of that alone, never mind the professional embarrassment, will hopefully prove out as the necessary motivation to do a much better job, in the future.
I for one hope so, as I have really enjoyed Osmosis. I would like to see it succeed long-term.
Posted Using LeoFinance Beta