Different blockchains typically use different versions of tokens. Most tokens can be used across blockchains if converted to the correct format. It’s important to know which type of tokens you are in possession of before interacting with any web3 applications.
The UMEE token exists in two forms: a Cosmos native version (the native UMEE token) and an ERC-20 token version native to Ethereum. The two forms of UMEE tokens can be freely converted to one another.
Native UMEE vs ERC-20 UMEE
Native UMEE tokens are used across the Cosmos ecosystem, while ERC-20 UMEE tokens are used across the Ethereum ecosystem.
Native UMEE Tokens
ERC-20 UMEE Tokens
Most Cosmos tokens like the native UMEE token are interoperable with other Cosmos blockchains by design. Cosmos ecosystem users can easily transfer tokens between chains in a fast and trustless manner.
ERC-20 tokens are not compatible with Cosmos blockchains unless converted to a Cosmos native format. Similarly, native Cosmos tokens are not compatible with Ethereum blockchains unless converted to an ERC-20 format.
Which Type of UMEE Token Do You Have?
Use these guides to convert UMEE tokens between their native Cosmos format and their ERC-20 format.