Name: Umami Finance
SKU: UMAMI
Price: 4.107134910795 USD

Umami is pioneering the institutional adoption of DeFi with its expanding ecosystem of strategy vaults that generate sustainable, risk-hedged yield on core crypto assets including $USDC, $BTC and $ETH.&nbsp;Umami's vaults are built using trustless, non-custodial smart contracts hosted on Arbitrum, Ethereum's leading Layer 2 scaling chain. Umami uses its protocol-owned treasury assets and growing arsenal of DeFi products to provide liquidity that fuels the growth of the Arbitrum network’s ecosystem.At the apex of the Umami ecosystem is its native token, $UMAMI. Stakers of the $UMAMI token receive a share of protocol revenue, denominated in $ETH, from its vault fees. The $UMAMI token has a maximum supply of 1,000,000, the majority of which is already in circulation. UMAMI is also the governance token of Umami DAO. Umami DAO is the&nbsp;community-led Decentralized Autonomous Organization that governs the Umami protocol. Through its off-chain proxy, Umami DAO Foundation, the DAO contracts with U.S.-based Umami Labs LLC for engineering and business development support.&nbsp;

Umami Finance

Umami is the risk-hedged yield protocol on Arbitrum

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