Umee aims to be the go-to cross chain DeFi hub to connect various ecosystems together and allow builders to create novel financial products on top. Umee plans to break the inherent silos between blockchains by utilizing bridging solutions towards interconnecting blockchains and encouraging better capital efficiency. The eventual goals will be to enable interchain lending and borrowing, multi-chain staking and delegations, plus cross chain DeFi rates.
Umee is both chain and bridge agnostic, and will evolve according to the market’s demand.
Umee is addressing the three major issues in DeFi right now: