Umee

IEO

Last updated: Jan 31, 2022

Umee is decentralized infrastructure for cross chain interactions between networks.

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Overview

Project industry	Blockchain Infrastructure
Product type	DeFi
Whitepaper	Open
Onepager	Open

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.

Details

IEO (Coinlist Launchpad): Dec 01, 2021 - Dec 01, 2021
Hard cap: 38,300,000 USD
Raised: 6,300,000 USD

Legal

Country limitations: US, Canada, China
Registration year: 2020

Token info

Ticker: UMEE
Token standard: ERC20
Token price in USD: 1 UMEE = 0.06 USD
Accepted currencies: ETH, BTC, USDT, USDC
Token distribution:
Community - 46%
Ecosystem - 9%
Team - 25%
Advisors - 1%
Seed Round - 13%
Public Sale - 5%
Strategic Round - 1%