Introducing our new Umbrella tracking dashboard 🌂 You can now track key metrics and performance data from the new Umbrella module: ► Per-asset coverage vs. targets ► APY breakdown by asset and emission curves ► User positions and accumulated rewards ► Daily deposits, withdrawals & cooldown activity 🔗 Here’s what the data shows 👇 1/
As a reminder, Umbrella is @aave native coverage module, developed by @bgdlabs. It offers extra yield (paid from protocol revenues) to users who stake on selected assets, currently $GHO $WETH $USDC $USDT. In return, their funds cover potential bad debt on Aave, acting as a safety buffer for the protocol. Current deposits sit at ~$246.3M across the 4 assets. 2/
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