Umami Finance

Umami Finance

Developing non-custodial DeFi yield products for cryptocurrencies like USDC, BTC, and ETH, providing revenue and benefits to UMAMI token holders.
Application
Applied on: 14 Dec 2023 12:38 AM
Approved
User Review
AI Review
A1
Reviewed on 19 Feb 2024 02:54 PM
Project should relate to or support the Arbitrum ecosystem in a tangible way.
The project description does not explicitly mention integration or support for the Arbitrum ecosystem.
Project should be open source with a working product that is already live.
Umami Finance has a website and Github repository with code available, indicating it is an open source project with a working product.
Project should have meaningful recent activity on Github (e.g., merged pull requests over the past 3 months).
The Github activity shows no significant recent activity across most repositories, with few commits and merged pull requests in the past 3 months.
Projects building financial primitives, NFTs, games, and infrastructure tooling on Arbitrum are all eligible.
Umami Finance is building financial yield products, which can be considered as financial primitives within the DeFi space.
Project must not promote adult content, gambling, or any other activity that falls into a legal grey area.
There is no indication that Umami Finance promotes adult content, gambling, or any activity in a legal grey area.
The project must have a clear need for funding that will impact many users in the Arbitrum ecosystem.
There is no clear indication from the provided information about the specific funding needs and how they will impact the Arbitrum ecosystem.
The project must not have any association with malicious activities or intentions.
There is no evidence to suggest that Umami Finance is associated with any malicious activities or intentions.