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Why does a16z want to strengthen its grip on Uniswap?

If it’s true that a16z holds the rumored amount of UNI tokens, it would be able to unilaterally reach quorum for voting on Uniswap proposals.

DeFi protocol Umami Finance sours as CEO goes rogue and core team quits

Umami chief Alex O’Donnell has been accused of dumping tokens and crashing the price. Its team has resigned from the firm’s legal wrapper.

Despite Alameda’s lack of risk mitigation procedures, it appears those in charge of liquidations may be as gung-ho as the previous leaders.

Many DeFi hacks and exploits are down to smart contract vulnerabilities, from which there is generally no recourse.

How decentralized are DeFi protocols with a small group of leaders with admin keys, multi-sig wallets, and wealth-based voting policies?