Axelar approves governance-transfer calls for multi-chain Gateway contracts
The Ledger · · Ketju Research
Affects: Axelar (protocol)
What happened
Axelar governance passed proposal 474 containing interchain calls to Gateway contracts across 17 EVM integrations.
What changed
The approved payloads encode transferGovernance(address) calls directing Gateway governance toward 0x7acbae6cba67d78aaf69e47000884ae00f9b2525.
What did not change
Passage on Axelar does not by itself prove each destination-chain call cleared its delay and executed successfully.
Confirmed
- Proposal 474 passed on June 8.
- The record includes calls for Celo, Ethereum, Avalanche, Polygon, Moonbeam, BNB Chain, Arbitrum, Kava, Filecoin, Optimism, Linea, Base, Mantle, Scroll, Immutable, Fraxtal, and Blast.
- The target contract addresses correspond to Axelar Gateway contracts, and the nested call selector is transferGovernance(address).
Still open
- Execution status on each destination chain remains unresolved.
- The ownership, signer composition, threshold, and operating rules of the proposed new governance address remain unresolved.
What it means for an advisor
- Verify destination-chain execution and timelock completion separately for every relevant Gateway.
- Update the Axelar control map only for chains where the governance transfer is confirmed.
- Identify and assess the new governance controller before treating the transfer as an improvement.
Sources
- Interchain Governance Proposal · Axelar on-chain governance ·
Version 1, published . We check this event again on . Educational research, not investment advice.