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. Despite expected hiccups along the way, TVL is also scaling in gradually as expected and as we work out…

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…

By Wen Moon and Steven-T May has been incredibly boring for the markets. As I predicted in the last treasury report, we ended up trading sideways for the entire month. However, this lack of volatility is truly unprecedented. Here is Deribit’s historical volatility index, which is reaching ATLs:

The first week of June has been electrifying for Umami DAO and its community with the increased TVL testing of our Deconstructed GLP Vaults beginning! We have already scaled up to $500,000+ in TVL and intend to allocate the rest of the approved Treasury funds swiftly. Initial results have exceeded…

During the last full week of May, Umami has been making the final preparations to deposit the approved Treasury funds into our upcoming Deconstructed GLP Vaults for the last stage of testing at higher TVLs, we will be making an announcement soon regarding the deposit. We have also published a…