Umee

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.

In the long run, Umee will be acting as a cross-chain DeFi hub, connecting various ecosystems together and developing novel financial products on top. Umee will incorporate tools such as layer 2 scaling solutions, side chain architectures, tools from the roll-ups ecosystem as well as alternative base layer protocols for connecting between blockchain networks. Within our DeFi Hub, we have been experimenting with interest rate instruments and other new financial primitives that will act as foundational infrastructure for the evolving crypto world.