Umami
Yield ID | **-**-**-**-4626-vault (e.g. arbitrum-weth-gmweth-0x4bCA8D73561aaEee2D3a584b9F4665310de1dD69-4626-vault) |
---|---|
Network | Arbitrum |
Reward token | gm** (e.g. gmWETH) |
Minimum Requirement | N/A |
Umami’s GM Vaults built on GMX V2 enable users to deposit single tokens like BTC, ETH, and USDC, while eliminating impermanent loss through automated hedging (internal netting). These vaults utilize the GM Index to manage deposits and generate yield from distinct synthetic pools on GMX V2.
Our Umami integration allows users to deposit into any available GM vault on Umami. Upon the deposit, users are issued a receipt token and rewards will accrue automatically via the pricePerShare
parameter. This token is redeemable for the underlying token at any time.
Updated 3 months ago