Your monthly Umami treasury update from Wen Moon and Steven-T By Wen Moon and Steven-T GM Umami community! Another exciting month for crypto as Uptober was in full effect. Bitcoin led the way with a ~28% move thanks to positive sentiment towards the inevitable spot ETF approvals. …

By Wen Moon and Steven-T The Umami DAO team has been hard at work, navigating an eventful September. Bitcoin exhibited strong bullish momentum, surpassing the performance of the traditional stock markets. On the other hand, ETH continues to see downside momentum vs BTC thanks to the FTX exploiter with $150m in ETH slowly selling the…

By Wen Moon and Steven-T The month of August saw the return of volatility once again, but this time to the downside as a result of ETF news. We will likely see more volatility regarding this topic until an official ETF is finalised and approved, perhaps from Blackrock. Other than this though, the market was…

By Wen Moon and Steven-T The end of July marks the first full month the vaults have been running. The results of the month real deposit performance has been good especially considering GLPs lower performance recently. …

By 0xWenMoon and Steven-T The Umami deconstructed GLP vaults are live for public deposits! This is an exciting time for the whole DAO, since what we have been building towards for many months is finally starting to bear fruit. For the treasury, aswell as for UMAMI holders, this spells an…

Umami’s much anticipated Deconstructed GLP Vaults have been performing above expectations since live Arbitrum main net testing began and now it is time to talk about our Public Beta launch so users can finally get access to these best-in-class yields! Performance During Testing Vault performance during the closed main net testing was made…

The moment the Umami Community has been waiting for has finally come! This week Umami DAO announced the launch of the Deconstructed GLP Vaults for the end of next week. The final contracts have been deployed and Vaults will be seeded with the DAO approved esGMX + roughly $20,000 worth…

This week Umami DAO Contributors have been hard at work making the final preparations before announcing the launch of our highly anticipated Deconstructed GLP Vaults. The Vaults and their UI are manually being tested by Contributors who are depositing, withdrawing, boosting, and unboosting to ensure a smooth user experience when…

Umami DAO has completed its second full week of increased TVL testing for our upcoming Deconstructed GLP Vaults with continued better than expected results! We have concluded scaling the Vaults and will remain at $500k TVL for the remainder of testing while we await Zokyo’s final response on the Audit…