Umee is a cross chain DeFi hub that interconnects between blockchains.
As a base layer blockchain, applications and money lego primitives can be built on top of Umee to access cross chain leverage and liquidity. The Umee Blockchain facilitates interoperability for a Tendermint Proof of Stake protocol with the Cosmos ecosystem, Ethereum network, side chain architectures, layer two scaling solutions, and alternative base layer protocols.
As a Cosmos SDK blockchain, the Umee Network is interoperable with blockchains including Terra, Crypto.com, Binance Chain, Osmosis, Secret Network, and 30+ other chains, plus Ethereum, from Day 1.
The native Umee token is a Proof of Stake asset that can exist as a Cosmos SDK token and an ERC20 token on Ethereum.
The Umee token will not be launched until mid February 2022; any sale claims coming from anywhere other than the official Coinlist platform are scams. No token is or will be circulating until after the token generation event scheduled in mid February. Please report any suspicious claims to the #scam-alert channel in the official Umee Discord and do not engage with the scammers.