Bonsai DAO Profile picture
May 18, 2022 6 tweets 3 min read Read on X
The #umamimemecomp has been such a hit that we're extending it to June 1st!

There's plenty of time to get involved! Join our Discord chat here:

discord.gg/fK7HTRRw

Remember: 125 $UMAMI await the winners! 🍔,🍔

See the latest memes in the 🧵below & ♥️/RT your favs!

👇

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More from @Bonsai_DAO

Jan 23, 2023
With the Whitelisted Launch of Umami’s GLP Vaults scheduled for March 9, let’s take a look under the hood & review how they generate #RealYield. 🔥

Read on for an overview of the GLP Vaults’ Strategy! 1/🧵

👇👇👇 Image
The GLP Vaults are comprised of 5 Deposit Vaults, which intake $USDC, $ETH, $BTC, $LINK & $UNI, respectively.

Using a capital-efficient hedging strategy, each Vault maintains price exposure and pays out Yield in users' deposited asset! /2 Image
The deposits in each of the 5 Vaults are used to mint $GLP, the Liquidity Provider Token for @GMX_IO.

$GMX is a Decentralized Perpetuals Exchange & the most popular #DeFi Dapp on @arbitrum. /3
Read 12 tweets
Sep 7, 2022
Umami is proudly setting the standard for transparency & accountability in #DeFi. ☀️

In that spirit, Umami's Docs disclose an unprecedented level of detail on its inner workings. 🧐

Check out our Docs & read on for a full walkthrough! 👇 1/🧵

docs.umami.finance/umami-finance/…
First, we've made the services contract between Umami Labs & Umami DAO fully public.

The agreement formally establishes that $UMAMI holders are the final authority in governance. It even gives contractual validity to Umami's Community Snapshots! /2

snapshot.org/#/arbis.eth
Next, Umami's Docs link to its Team Token Trading Policy.

Team members must disclose all material $UMAMI trades. They may NEVER trade on proprietary, non-public information.

For details on team $UMAMI holdings, see 'Token Supply' in our Docs. /3

docs.umami.finance/umami-finance/…
Read 8 tweets
Jul 5, 2022
Umami’s premiere Delta Neutral USDC Vault is only days away from launch! 👀

Want to get up to speed? Check out this 🧵 for an overview!

/1
Umami’s core value proposition can be summarized in one phrase: #RealYield.

The $UMAMI token & its $USDC Vault source APR from sustainable protocol revenues, not inflationary emissions.

The USDC Vault also hedges out virtually all mkt risk!

/2
The Vault is built in partnership w/ @GMX_IO & @TracerDAO.

It sources real protocol revenues via GMX’s $GLP token & neutralizes mkt risk via liquidation-proof hedges from Tracer.

The result: ~20%+ APR in $USDC! 👇

/3
Read 10 tweets
Jun 30, 2022
Umami has been the focus of many threads during the month of June. 😁

ICYMI or are just starting to research $UMAMI, here is a master thread w/ all of them in one place! 🧵
Read 7 tweets
Jun 29, 2022
Umami has been featured on many podcasts and interviews since the start of June. 😉

ICYMI or are just starting to research $UMAMI, here is a master thread w/ all of them in one place! 🧵
Read 8 tweets
May 20, 2022
Did you miss Umami’s latest AMA with @Arbitrum partner @GMX_IO?

We’ve got you covered!

Link to the recording, and a summary🧵w/ timestamps, below. 👇👇👇

USDC Vault Update (1:40)

$UMAMI is preparing to launch a $USDC Vault w/ ~25-30%+ APR in early June.

The vault mints $GLP for ~40%+ APR & hedges out its market exposure via @TracerDAO's Perp Pools.

It will be covered in Umami’s audit by @zokyo_io, which begins next week. /2
“Superstaking” Vaults & Autocompounders (4:40)

Alongside the vault, Umami will launch new Superstaking vaults that maximize APY for $JONES & $DPX farms.

It will also launch several @BalancerLabs LP autocompounders. /3
Read 9 tweets

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