ICYMI #17

Week ending 4th June

Uniswap and C.R.E.A.M. consider KPI Options
A proposal for managing systemic risk in Uniswap’s community treasury using UMA’s KPI Options went live for a temperature check last week. Although a majority of the participants were in favour, the quorum was not met to pass the proposal. The original proposal suggested using Total Value Locked (TVL) as a KPI measure, however some discussion followed about which exact KPI may be best suited for UNI to incentivise and mobilise their community. Another snapshot is planned to gauge support for the proposal. Additionally a proposal on the C.R.E.A.M forum invites members to also consider what benefits KPI options can bring to their protocol.

June Call Options Now Live
June call options are now available for UMA (strike $25), UNI (strike $50), BAL (strike $60) and xSushi (strike $25). These can be minted on the MySynths platform, UMA and UNI options can also be traded on the Uniswap v3 platform. If you haven’t minted tokens before, or simply want a reminder, there is a a video walkthrough available demonstrating how to mint and trade these options.

And finally….SuperUMAn Update
The SuperUMAns are levelling up their defi game by going back to school. A group study of Contract Law: From Trust to Promise to Contract offered by Harvard through the EdX open learning platform is planned starting 9th June. There are still time to register your place on the course and join us on discord to discuss progress.

Only a short ICYMI this week but behind the scenes, things are ramping up — watch this space for some important announcements in the next couple of weeks.

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