Taiko DAO said it has submitted Security Council Proposal 24, a package of contract upgrades covering four proxy contracts tied to the bridge and ERC20 Vault on Ethereum and Taiko, along with a new resolver registration on L2. The proposal includes three main changes. One would fix a known issue that causes delivery failures when tokens with Taiko as the canonical chain are bridged to Ethereum for the first time, leaving messages stuck in a RETRIABLE state even though funds remain safe. Another would raise the gas cap for ETH forwarding through the bridge from 35,000 to 135,000 to prevent smart contract wallets from becoming unable to claim messages after the EIP-8037, or Glamsterdam, upgrade. The third would add single-signature ERC20 bridging with support for EIP-2612 and Uniswap Permit2, removing the need for a separate approval transaction. Taiko said the code involved in the proposal has already been audited, and TAIKO holders have about 10 days to exercise veto rights.
Taiko DAO said on X that it has submitted Security Council Proposal 24. The proposal would upgrade four proxy contracts tied to the bridge and ERC20 Vault across Ethereum and Taiko, and register a new resolver on L2. Taiko said the contract code involved had already been audited.
TAIKO holders have about 10 days to exercise veto rights on the proposal, according to the post.
Three changes are included in the proposal
The first is a fix for a known flaw. Taiko said that when a token whose canonical chain is Taiko is bridged to Ethereum for the first time, delivery can fail because the L1 registry still points to an older implementation. The related message is currently stuck in the bridge in a RETRIABLE state. Funds are safe, but the tokens have not been delivered. After the upgrade, users will be able to retry the transfer.
The second change would raise the gas cap for forwarding ETH through the bridge to 135,000 from 35,000. Taiko said the adjustment is meant to prevent smart contract wallets from running out of gas and ending up with messages that cannot be claimed permanently after the EIP-8037, or Glamsterdam, upgrade.
The third change would add single-signature ERC20 token bridging with support for EIP-2612 and Uniswap Permit2, so users would not need to send a separate approval transaction.
This article was originally published by Bit.Fan. For more cryptocurrency news and market insights, visit www.bit.fan. Disclaimer:
The market information, project data, and third-party content displayed on this platform are for industry information sharing only and do not constitute any form of investment advice or return commitment.
Cryptocurrency trading carries high risks. Users should fully assess their risk tolerance and make independent decisions. All profits, losses, and legal responsibilities are borne by the users themselves.
