Packaging Real Yield Better Than TradFi with Umami Finance's WenMoon

Description:🌟 In this episode, we are thrilled to have WenMoon, Umami Finance developer, back on again for Flywheel. This time we go deep into his his current role as Treasury Manager at UmamiDAO, and how WenMoon’s journey is filled with learning and growth. πŸŒŸπŸ“Œ Timestamps:πŸ” Key Topics & Summary:

  • Journey into Crypto: WenMoon delved into crypto around 2020, initially supporting a friend’s DeFi project, and eventually made a full-time shift in 2021.
  • UmamiDAO Overview: A platform that focuses on offering market-making strategies with low risk and high yield, aiming for simplicity and user-friendliness.
  • Innovation and Strategy: Umami’s evolution from v1 to v2, addressing gas fees and internal netting, and the ongoing development for enhanced user experiences.
  • Market Insights: WenMoon shares his market observations, sentiments, and speculations on future trends, coupled with Dave’s unconventional market thesis.

πŸ› οΈ Tools & Technologies Mentioned:

  • DegenBox
  • Abracadabra
  • SushiSwap
  • Frax
  • GLP
  • GMX v2
  • Chainlink
  • Aave
  • Vertex

🀝 Networking and Building Connections:WenMoon highlights the accessibility and genuine connections within the crypto community, emphasizing the opportunity to directly engage with founders and major players in the industry.πŸ’‘ Advice and Reflections:WenMoon shares valuable advice on thriving in the DeFi space, emphasizing the importance of believing in one’s product, strong treasury management, and maintaining a stoic approach.πŸ”₯ Hot Takes:

  • Discussion on market sentiment and predictions.
  • Dave’s unpopular thesis on potential market shifts.