USDC

12/23/2022 - Umami USD Staking (sunset 8/12/22) has a 30d APY of 0%, a TVL of 0, and an Exponential Risk Rating of F. This pool provides your USDC as liquidity to GMX's leveraged perpetual exchange and hedges against market volatility using non-liquidatable positions from Tracer.

The vault was closed on 8/19 and all LPs were wholly refunded..

Umami USD Staking (sunset 8/12/22) on Arbitrum (USDC.e)

This pool provides your USDC as liquidity to GMX's leveraged perpetual exchange and hedges against market volatility using non-liquidatable positions from Tracer.

The vault was closed on 8/19 and all LPs were wholly refunded.

USDC is a centralized stablecoin backed by USD reserves held by a licensed custodian (Circle).

USDC.e

This pool serves as a yield-generating savings account for you to earn yield on your USD stablecoins

Investment Strategy

Fundamentals

Risk

Risk of losing your entire investment due to systemic issues. Based on chain, protocols and assets.

Reflects how much principal is at risk due to the nature of the pool`s economic design

Umami USD Staking

Pool Design

Reflects how liquid the asset is, collateralization level, dependency risks, and reliance on centralized entities

Asset Strength

Reflects the economic design of the asset and convex relationships

Asset Tokenomics

Code quality of the underlying smart contracts

Umami

Mycelium Perpetual Pools

Risk Compounding

Protocol Code Quality

Reflects how long the protocol has been around, the value of the assets deposited in the protocol and its level of decentralization

Protocol Maturity

Protocol’s systemic risks or ponzi like dynamics that can lead to loss of principal

Protocol Design

Reflects how long the blockchain has been running and the total value of assets on the network

Arbitrum

Chain Maturity

Reflects the blockchain’s fundamental risks, total value invested, and level of decentralization

Chain Design

Reliability of the underlying blockchain from network congestion or halts

Chain Reliability

Pool Fundamentals

Something that shows up when you hover over the (i) icon

Yield Source

Your yield consists of swap fees and trader liquidations paid in ETH and staking rewards paid in TCR, both of which are automatically swapped back for USDC

There are short-term incentives to encourage more deposits into the pool

Umami USD Staking (sunset 8/12/22)

This pool provides your USDC as liquidity to GMX's leveraged perpetual exchange and hedges against market volatility using non-liquidatable positions from Tracer. The vault was closed on 8/19 and all LPs were wholly refunded.