By Michael E. (0xPrepop), Chief Technology Officer — Over the past few months, Umami Labs has been hard at work developing an algorithmic hedging strategy for Umami’s upcoming v2 GLP Vaults. In designing the Vaults, the team has aspired to create a trustless DeFi strategy that generates Delta-minimized returns on assets including USDC, BTC and ETH. To that…

By Wen Moon and Steven-T I think it’s safe to say this has been the craziest month in crypto for a while! SBFs entire empire crumbled to dust earlier this month, and as a result we released a short update on the treasury situation. We are excited to dive a…

This was a very impactful week for Umami internally. We finalized the first batch of our backtesting data and plan to present preliminary results to the community ahead of our Weekly AMA next week. Yesterday’s AMA was very informative for those looking for status updates on Vault development, both CEO…

Lending platforms perform critical functions in decentralized finance. Aave, is, of course, the gold standard in decentralized lending protocols, but the platforms which provide lending services are myriad and exists across virtually all networks. On-chain, lending can be approached in several different fashions, however, for the most part, on-chain lending is…

The Umami protocol is governed by its community of UMAMI token holders, but it is built and managed by the dedicated team at Umami Labs. Umami Labs is a global cohort of more than a dozen Web 3 professionals with expertise in areas including smart contract code, user-interface design, corporate…

This week at Umami, our team continued making progress on the v2 vault contracts. The Tech team is finalizing the backtesting data, and we are hoping to release that information soon through our whitepaper. The BizDev team is working on securing robust smart contract insurance with extensive underwriting capacity for…

It’s been a fantastic week at Umami and we have some very exciting news to share. At this week’s AMA we announced the onboarding of a long time Umami community member and legendary CT Threadooor, Haym! (SalomonCrypto). …

Hey Umami fam! With the meltdown of FTX and affiliated entities filing for bankruptcy, the events of this week have been nothing short of industry-shaking. We hope that all our community members are safe and had no funds locked on FTX or any other CeFi entity. …

It’s been a crazy week in the markets with the ungraceful fall of the 2nd largest centralized exchange in Crypto and the collateral damage that has caused. We would like to reassure our community that Umami’s treasury was not at risk, being held by our multi-sig wallets on-chain and owning…