DeFi has enormous potential. The solution is not pitting decentralized & traditional finance against each other as adversaries — it’s integrating the strengths of both. Check out the full OpEd (linked). /end🧵

Meanwhile, zero-knowledge identify-proofs can streamline KYC/AML compliance for Dapps while protecting users’ privacy and anonymity. 8/🧵

As #DeFi grows in size and influence, questions about #DAO governance are taking center stage. In his @Cointelegraph OpEd, Umami Labs CEO & Founder Alex O'Donnell ( @IntrinsicDeFi ) outlines a path towards a hybrid governance model. 1/🧵 👇👇👇

Check out today's @Cointelegraph OpEd on DAO governance by Umami Labs' Founder & CEO, Alex O'Donnell ( @IntrinsicDeFi ).

Check out my latest OpEd in @Cointelegraph about solutions to some of the weaknesses inherent to the current DAO governance model.

We encourage anyone who is approached regarding the GLP Vaults by individuals claiming to represent 'Umami DAO' to review the public court filings (Case ID: 651407/2023) prior to depositing. It's important to make an informed decision. /end 🧵

t.co

Remember, Umami's 'GLP Vaults' are the subject of ongoing legal action in U.S. Court. They were illicitly seized in February and have been in the hands of the Defendants for more than 2 months. Umami Labs can no longer guarantee the GLP Vaults' safety or legality. 3/🧵

Umami Labs wishes to congratulate @MaiaDAOEco for refusing to fall victim to the bad faith actors who are falsely claiming to represent Umami. 1/🧵