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Umami is advancing institutional DeFi adoption through a growing suite of strategy vaults designed to produce steady, risk-managed yield from major crypto assets such as $USDC, $BTC and $ETH. These vaults rely on trustless, non-custodial smart contracts deployed on Arbitrum, Ethereum's prominent Layer 2 scaling network. Umami draws on its protocol-owned treasury holdings and an expanding collection of DeFi tools to supply liquidity that supports the growth of Arbitrum’s ecosystem.
At the center of the Umami ecosystem sits its native token, $UMAMI. Holders who stake $UMAMI receive a portion of protocol revenue, paid in $ETH, sourced from vault fees. The $UMAMI token has a maximum supply of 1,000,000, with most of it already circulating. $UMAMI also functions as the governance token for Umami DAO. Umami DAO is the community-driven Decentralized Autonomous Organization that oversees the Umami protocol. Via its off-chain proxy, Umami DAO Foundation, the DAO engages U.S.-based Umami Labs LLC to provide engineering and business development support.
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