Umami Community Newsletter, 12/09

The start of December has been a fundamental time for Umami, yesterday we were able to share a Litepaper and preliminary data for our highly anticipated v2 Vaults. We are extremely happy with our findings and made every effort to explain in detail what the figures mean. If you haven’t gotten a chance to check out the article please do so below using the link in the updates section. If you have any questions regarding the Litepaper please do not hesitate to tag the team in discord, we will be happy to answer!

See all of our updates below:

• Published our Litepaper and preliminary backtesting results for our v2 Vaults
  Check it our here: https://twitter.com/UmamiFinance/status/1600982839108898816?s=20&t=lar_aJcMA1ROFm-RkNZkYA
• Published the Treasury Report for the month of November.
  View it here: https://medium.com/@umamifinance/umami-finance-treasury-update-november-2022-8088d04e5e50
• Optimized liquidity, we recommend using a DEX aggregator such as Umami’s very own exchange tab on our website or KyberSwap for best price impact while swapping.
• Completed the monthly mUMAMI unlock (Next unlock: Jan 1 2023 12am UTC)

mUMAMI Deposited = 531,900 (up 4.40% WoW)

cmUMAMI Deposited = 303,800 (up 13.23% WoW)

Rewards pushed to stakers this week = 5.00 ETH

Total rewards pushed to stakers = 321.00 ETH

(Supply and ETH numbers quoted at time of writing on 12/09)

This week marks the start of communications regarding our new Vault products. We will continue providing updates on auditing, partners, the development cycle, while simultaneously providing educational materials on the Vaults strategy.

Next week on Tuesday we will be having an AMA with our frens from Camelot DEX to discuss their token launch and Umami’s various LPs on Camelot.

Happy Marinating Folks! 🍔 🔵