About Compounded Marinated UMAMI (CMUMAMI)
Umami is a hybrid Decentralized Finance (DeFi) protocol and digital asset custodian that is pioneering the institutional adoption of DeFi with its expanding array of DeFi Yield products tailored to financial institutions. The blockchain ecosystem is evolving rapidly, creating abundant opportunities for digital asset liquidity providers to generate yield. Unfortunately, there are currently no trusted pathways for institutional investors to tap into yields in the DeFi space. Umami is bridging the gap between the institutional market and DeFi by creating best-in-class DeFi Yield products and distributing them to financial institutions through its in-house digital asset custodian, Umami Advisors, and its expanding partnership network.
Compounded Marinated UMAMI (CMUMAMI) Basic Point Table
Coin Basic | Information |
---|---|
Coin Name | FTMlaunch |
Short Name | (FTML) |
Circulating Supply | N/A |
Max Supply | N/A |
Source Code | Click Here To View Source Code |
Explorers | Click Here To View Explorers |
Twitter Page | Click Here To Visit Twitter Group |
Whitepaper | Click Here To View |
Support | 24/7 |
Official Project Website | Click Here To Visit Project Website |
Compounded Marinated UMAMI (CMUMAMI) Price Live Data
The live Compounded Marinated UMAMI price today is $36.41 USD with a 24-hour trading volume of $23,200.25 USD. We update our CMUMAMI to USD price in real-time. Compounded Marinated UMAMI is up 8.42% in the last 24 hours. The current CoinMarketCap ranking is #4305, with a live market cap of not available. The circulating supply is not available and the max. supply is not available. If you would like to know where to buy Compounded Marinated UMAMI at the current rate, the top cryptocurrency exchanges for trading in Compounded Marinated UMAMI stock are currently Uniswap (V3) (Arbitrum), and Camelot. You can find others listed on crypto exchanges page.
Mission
Catalyze the mass-adoption of Decentralized Finance (DeFi).
Vision
Bridge the gap between DeFi and TradFi by creating best-in-class DeFi Yield Products tailored to the institutional market.
DEFI
The launch in 2015 of Ethereum, the first smart contract compatible blockchain network, laid the foundation for the emergence of Decentralized Finance. DeFi is a web of interconnected protocols, now spanning numerous blockchains, that enable users to transact “trustlessly” — i.e. without assuming counterparty risk
Liquidity
Access to liquidity has been among DeFi’s most significant bottlenecks. Protocols require deep, stable liquidity to facilitate transactions, which can include lending, borrowing, asset swaps, derivative trades and more. On-chain liquidity is limited, even for core crypto assets such as ETH and BTC, and it is fragmented across multiple networks and protocols, resulting in high costs for large transactions.
Tokenomics
$UMAMI is the protocol’s governance and fee-generating token. It has a fixed Max Supply of 1,000,000 and can be staked for a share of Umami’s protocol revenues. Umami offers tokenholders two staking options. Marinate rewards stakers with a share of protocol revenues in $wETH. Compound automatically reinvests $wETH to market-buy and stake more $UMAMI. $UMAMI is not an emissions token. No new $UMAMI tokens can be minted beyond its 1,000,000 Max Supply (of which around 650,000 are already in circulation). About 125,000 non-circulating $UMAMI are permentently locked in defunct staking contracts and effectively “burned.” The remainder are held in Umami’s treasury and are reserved for future team compensation, DEX liquidity and (very limited) OTC capital raises.
Features
Fully Decentralized
FTMlaunch will be governed by a DAO which will enable the community to be more involved in decision making.
Fair and equitable fundraising
IDO projects on FTMlaunch have 100% fair allocations, which are determined by the quantity of FTML staked.
Deflationary
50% of the FTMlaunch’s revenue will be used to buy back and burn $FTML tokens
Roadmap
The Path To $1 billion+ TVL
Over the next 12-18 months, Umami aims to scale its Total Value Locked (TVL) to $1 billion+ by creating best-in-class DeFi Yield products and distributing them to the institutional market through its in-house RIA, Umami Advisors, and its expanding partnership network.
Q4, 2022
DeFi Yield Vaults
- Deposit Tokens: $USDC, $ETH or $BTC
- Network(s): Arbitrum
- TVL Capacity: ~$200 million
- Fees: ~2% Management Fee; ~20% Performance Fee
- Product Details: Provides liquidity to decentralized perpetuals exchange GMX and hedges against market volatility to maintain approximate “delta” of deposited assets including $USDC, $ETH, $BTC.
H1, 2023 ETH 2 Products
- Deposit Tokens: $USDC, $ETH
- Network(s): Ethereum
- TVL Capacity: $1 billion+
- Fees: ~2% Management Fee; ~20% Performance Fee
- Product Details: The details of the strategy are proprietary until closer to launch. Anticipate multiple DeFi Yield Products that allocate to ETH 2 Nodes and related yield-generating strategies.
Umami Advisors
- Description: Registered Investment Advisor (RIA) and licensed Money Services Business (MSB) providing clients with financial advisory services focused on digital assets.
- Fees: TBD; all revenues will be passed directly to Umami DAO.
Where Can You Buy Compounded Marinated UMAMI?
Faq Of Compounded Marinated UMAMI
Where I Can Find Compounded Marinated UMAMI Coin Whitepaper ?
You Can Find Compounded Marinated UMAMI Whitpaper By Clicking Here
Where I Can Buy/Sell Compounded Marinated UMAMI
You Can Buy Or Sell Compounded Marinated UMAMI On Some Popular Exchange For Example – Binance , Coinbase , Huobi Etc .
What Is Total Supply Of Compounded Marinated UMAMI?
Total Supply Of Compounded Marinated UMAMI Is 303,202