Umami Community Newsletter, 09/09

Umami
2 min readSep 9, 2022

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Once again Umami and its team have had a stellar past week. While the devs and strategists are building v2 we are still working tirelessly to improve the current UX enjoyed by our faithful users. This includes increasing the transparency we show our community to lengths unseen before in Defi, improving our current UI to better display metrics, and finally building out Umami’s ecosystem of partnerships, all of which we are happy to say we’re making phenomenal progress on.

See all of our updates below:

mUMAMI Deposited = 499,100 (up 4.31% WoW)

cmUMAMI Deposited = 256,400 (up 0.43% WoW)

Rewards pushed to stakers this week = 1.48 ETH

(Note: Last week we overshipped rewards slightly and have switched to a daily payout cycle rather than every couple days for accounting purposes and better UX.)

Total rewards pushed to stakers = 223.46

(Supply and ETH numbers quoted at time of writing on 09/09)

As you can see we continue to make important headway on all goals we stated at the beginning of this newsletter. We expect the weeks ahead to remain full of updates, most importantly you can expect more info regarding v2 Vaults to be published soon!

Happy Marinating Folks!

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