Umami Community Newsletter, 05/28

Umami
2 min readMay 28, 2023

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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 Thread on Twitter presenting the finalized UI design of the Vaults page giving the community a sneak peek into how it will look and function. Finally this week, our most recent Umami DAO proposal passed granting indemnity for Multisig Operators!

News:

AMA:
Our next AMA will be scheduled for shortly after the Treasury scaling is complete to highlight initial results/insights for the Community.

mUMAMI Deposited = 423,000 (Up 0.26% WoW)

cmUMAMI Deposited = 214,100 (down 3.12% WoW)

Rewards pushed to stakers this week = 1.23 ETH

Total rewards pushed to stakers = 424.66 ETH

(Supply and ETH numbers quoted at time of writing on 05/28)

Happy Marinating Folks! 🍔

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