Difference between revisions of "Umee (UMEE)"

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===Funding===
===Funding===
===Partners===
===Partners===
* Part of the [[Cross Chain Coalition]] ([https://crosschaindev.substack.com/p/cross-chain-weekly-23 27-10-2022])
==(:==
==(:==
Knowledge empowers all and will help us get closer to the [[decentralised|decentralized]] world we all want to live in!
Knowledge empowers all and will help us get closer to the [[decentralised|decentralized]] world we all want to live in!

Revision as of 03:30, 31 October 2022

Umee provides users with the ability to easily lend and borrow across different blockchains.

Basics

History

Audits & Exploits

Bugs/Exploits

Governance

Admin Keys

DAO

Treasury

Token

Launch

"Umee has only conducted a public sale on Coinlist. The UMEE token is currently UNAVAILABLE for purchase. The Coinlist public sale has ended, and the TGE is expected to happen in mid-February, 2022."

Token Allocation

  • From Citadel One (15-2-2022):

"There is a total supply of 10 billion UMEE tokens, uncapped, with an inflation and deflation mechanism in place to align the UMEE token distribution with long-term Umee supporters over time."

Utility

  • From Citadel One (15-2-2022):

"The main purpose of the UMEE token is to power the PoS consensus of the Umee blockchain while allowing the community to use and govern Umee and the applications built on top."

Other Details

Stablecoin

Coin Distribution

Technology

  • Whitepaper or docs can be found [insert here].
  • Code can be viewed [insert here].

Implementations

How it works

Fees

Upgrades

"Umee announced their mainnet upgrade of the native lending and borrowing module, compatible with +40 IBC-enabled blockchains in the Cosmos ecosystem. This brings a whole new user experience making possible to leverage all Cosmos and Ethereum assets quickly and cost-effectively on the Umee blockchain."

Staking

Validator Stats

Liquidity Mining

Scaling

Interoperability

  • From Citadel One (15-2-2022):

"The UMEE token will exist in both ERC20 and Cosmos SDK format. If users want to convert from one blockchain to another, all they need to do is to go to the Umee Application page and use the convert function through Umee’s gravity bridge; such transactions will take sub minutes."

Other Details

Oracle Method

Privacy Method

Compliance

Their Other Projects

Roadmap

  • Can be found [Insert link here].
  • From Citadel One (15-2-2022):

"2021 October: Umee Network Deployment (Completed)

2021 October: Umee Ethereum Lending and Borrowing Application (Completed)

2021 November: Umee Network and Gravity Bridge Deployment (Completed)

2021 November: Umee Alpha Mainnet Launch (Completed)

2021 December: Umee Base Functionality Deployment on Testnet (Completed)

2021 December: Security Audits (Completed)

2022 January: Umee Network Lending and Borrowing Application testnet

2022 February: Umee Base Functionality Deployment on Mainnet and Token Launch

2022 March: Umee Lending Facility Upgrades

2022 April — Onward:

-Umee Polygon Lending and Borrowing Application

-Umee Arbitrum Lending and Borrowing Application

-Umee Optimism Lending and Borrowing Application

-Umee Solana Lending and Borrowing Application

-Umee Binance Smart Chain Lending and Borrowing Application

-Protocol developments on top of Umee: meTokens, staking curves, defi debt protocols

-Cross-chain lending and borrowing applications onto more networks"

Usage

Projects that use or built on it

Competition

Pros and Cons

Pros

Cons

Team, Funding and Partners

Team

Funding

Partners

(:

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