I really hate the way “KYC” is used in crypto. This solution by Celo is merely CIP, it wouldn’t provide full compliance with securities laws.

There’s a lot of requirements for securities laws that go beyond what this does.

This reads like a anti-sybil thing mostly

Verified Liquidity, Coming Soon to Velodrome

We're excited to team up with @Celo and
@selfprotocol to pilot a new innovation in DeFi:

The VerifiedERC20 token––with boosted rewards for real humans.

Here are just some of the benefits of onchain verification 👇 https://t.co/gxzA6hCMAW

Velodrome

I really hate the way “KYC” is used in crypto. This solution by Celo is merely CIP, it wouldn’t provide full compliance with securities laws.

There’s a lot of requirements for securities laws that go beyond what this does.

This reads like a anti-sybil thing mostly 

https://x.com/velodromefi/status/1940447901806985225?s=46