Announcing Umee’s Validator DAO!
Umee is proud to announce our first DAO initiative, the Umee Validator DAO, with the goal of further decentralizing decision making on all matters around the validators that secure the Umee network. The operations of the Umee Validator DAO will be fully led and run by the Validator DAO Committee, a team of volunteers from the active Umee mainnet validator community.
Initially, the first and foremost responsibility of the Validator DAO is to analyze validator contributions and make important Umee Foundation delegation decisions. Going forward, the Umee Core team will be taking a support role in optimizing and expanding the functions and impact of the Umee Validator DAO with the goal of building a successful, inclusive, and sustainable validator community for Umee over the long run.
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About Umee
Umee is a cross chain DeFi hub that interconnects between blockchains. As a base layer blockchain, applications and money lego primitives can be built on top of Umee to access cross chain leverage and liquidity. The Umee Blockchain facilitates interoperability between the Cosmos ecosystem, Ethereum network, side chain architectures, layer two scaling solutions, and alternative base layer protocols.
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