tl:dr Stake as mUMAMI for wETH payouts Deposit mUMAMI as cmUMAMI in the compounder to automatically swap wETH rewards for more UMAMI Moving between mUMAMI and cmUMAMI isn't limited Unstaking mUMAMI can only happen the first 2 days of each month Unstaking cmUMAMI to UMAMI can be done via an Uniswap pool at a discounted rate Context With the recent opening of a cmUMAMI:UMAMI Uniswap v3 LP(Discord link), this post aims to clarify how UMAMI staking works and to explain and what are the pros and cons of each mecanism for the stakers.

Labs & prior to Alex's removal Removal of Alex & stopping payouts jefferson/prepop Security token & future Multisig and LP

Graph User entity : Current balances ( wallet/marinating/compounding ) Marinating in/outs history Compounding in/outs history Vaults in/outs history Triggers on (un)staking and vault deposit/withdraw Need to filter out bots activity

Voir la partie 1 qui passe en revue Uniswap en plus de la partie LP de stablecoins Cette partie va traîter du LP de cryptos, qu'il s'agisse de pool crypto/crypto ou crypto/stable. Le point principal à comprendre ici est l'impermanent loss qui est décrit plus bas. Balance et impermanent loss Balance Un point évoqué dans la première partie mais mis de côté est celui de la balance des pools, ça n'était pas nécessairement pertinent vu que les stablecoins peuvent être considérés 1:1. Quand une pool volatile est créée, c'est la balance des assets déposés qui va déterminer le prix de départ.

LP : Liquidity Provider ( Apporteur de Liquidité ) ou Liquidity Position token ( token d'une position de liquidité ), peut faire référence à la personne qui a apporté la liquidité, ou au token qui représente sa position, ou à la position en elle même. Pool : Peut littérallement être traduit par "piscine", une piscine dans laquelle des LP vont venir déposer leurs cryptos par paire ( ETH/USDC, DAI/MIM, wBTC/MAGIC ... ). N'importe qui peut ensuite venir et acheter/vendre ses ETH pour de l'USDC dans la pool en échange de frais payés aux LPs. 2 vidéos qui expliquent très bien et qui sont une très bonne base, c'est en anglais mais je pense que c'est compréhensible par les animations, autrement je décris l'équivalent en dessous : Les pools : https://www.youtube.com/watch?v=cizLhxSKrAc Les pools Uni v3, ça va bien aider à comprendre la suite https://www.youtube.com/watch?v=Ehm-OYBmlPM Uniswap

This hackmd post has been written to give people informations and guidance around staking SPELL. This post will cover how staking works, on both Ethereum and other chains. A recent proposal was made to introduce mSPELL paying rewards in MIMs, check it out here : AIP #8 Thanks to k𝜴 from the discord community, you can see a recap of this post at the bottom of the article. Context As there is a lot of people being confused by how SPELL staking works, especially on other chains than Ethereum, I dediced to write this piece to explain it in details for anybody interested.

Credits to smhagain on Discord for bringing this idea up and helping writing it. Informations sSPELL : Staked SPELL, the native token of Abracadabra. Currently sSPELL is used to receive a share of the platform fees, and to vote on governance proposals. Cauldron : part of the Abracadabra system where an user can deposit an interest bearing asset ( ibAsset ) as collateral, and borrow MIMs against it. Each cauldron is segregated from the others, and has it's own parameters. Replenishes : Currently, the amount of MIMs borrowable from a cauldron is determined by the team and therefore is capped at a maximum. Upping that max amount of MIMs borrowable is refered as a replenish. Replenish example :

Edit 24/11 : As C2tP pointed in the Convex Discord, a wrapper already exists for staked cvxCRV to allow rewards dripping to users Link Infos Cauldron : part of the Abracadabra system where an user can deposit an interest bearing asset ( ibAsset ) as collateral, and borrow MIMs against it. Each cauldron is segregated from the others, and has it's own parameters, including MCR. MCR ( Max Collateralization Ratio ) : Also called LTV ( Loan To Value ) or Collateralization Ratio, refers to the max value that can be borrowed against a specific asset. Liquidation fee : part of the collateral that is added to the liquidation amount to pay the liquidator. Borrow fee : upfront fee in MIMs when borrowing. Convex Finance

Infos MCR ( Max Collateralization Ratio ) : Also called LTV ( Loan To Value ) or Collateralization Ratio, refers to the max value that can be borrowed against a specific asset. Cauldron : part of the Abracadabra system where an user can deposit an interest bearing asset ( ibAsset ) as collateral, and borrow MIMs against it. Each cauldron is segregated from the others, and has it's own parameters, including MCR. The current MCR of the sSPELL cauldron is 80% Reference article about the XVS exploit : Quill Hash Team article Motivations This proposal came from various discoussions from the Abracadabra Discord chat, where many spell hodlers felt strongly against the high MCR of spell. As everyone can see, the ability of borrowing so much MIM had already made a negative impact on spell's pricing, which puts most spell hodlers at an disadvantage.

EDIT 10/10/21 : Proposal has been updated to redirect SPELL bribes to Votium instead of vlCVX delegators. See "SPELL Bribes" section for more details. Introduction Hi fellow wizards, as the MIM stablecoin requires a strong Curve pool to maintain peg and liquidity, this proposal aims for Abracadabra to accumulate voting power in two forms : veCRV and vlCVX. Context To fully grasp this proposal, here’s a quick breakdown of Curve and Convex :