Umami Community Newsletter, 05/14

2 min readMay 14, 2023

This week Umami has taken another major step towards moving Treasury funds into the Vaults for testing as the finalized Vault code has been deployed and the dev team is currently testing it with ~$20,000 of their own money. Once the keeper bot’s resiliency has been ensured contributors will begin scaling in the approved $1,000,000 worth of Treasury assets in phases and perform their initial checklist, after their initial boxes have been ticked we will then make real time data of testing available to the community 24/7 until it’s time for Launch!


Our next AMA will be scheduled for shortly after the Treasury deposit to highlight initial results/insights for the Community.

mUMAMI Deposited = 401,600 (Up 2.11% WoW)

cmUMAMI Deposited = 216,800 (Up 2.70% WoW)

Rewards pushed to stakers this week = 1.84 ETH

Total rewards pushed to stakers = 420.77 ETH

(Supply and ETH numbers quoted at time of writing on 05/14)

Happy Marinating Folks! 🍔