Umee

Umee is decentralized infrastructure for cross chain interactions between networks.

Whitepaper

Onepager

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Interest lvl

Highest

Updated: Jan 31, 2022

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User Rating

Highest

4.8/5 • 4 votes

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Ticker

UMEE

Token standard

ERC20

Registration year2020

Launchpads

Coinlist

What is Umee

Umee combines the functionality of a cross chain lending protocol with ability to leverage staked assets. In this Universal Capital Facility users will be able to participate in new capital relationships across DeFi projects.

Umee is designed as a universal lending and borrowing hub for assets to be leveraged across blockchains. By creating borrowing and lending relationships between chains, the network can help facilitate interoperability among various systems. The eventual goal will be to become a hub of activity, similar to a decentralized World Bank where assets on one blockchain can be used for interacting with assets on another blockchain.