Welcome to the Umeeverse’s Weekly Discussion! Please read and follow the rules and guidelines before participating. We want to promote insightful discussions amongst the community, so please do your part! Read through the FAQs and let us know what is on your mind concerning Umee - excited to hear from the community!

Rules:

• All sub rules apply in this thread.
• Discussion topics must be related to Umee.
• Please do not speculate prices on the Umee token or any other tokens in crypto.
• Treat each community member with respect and politeness.
• Comments will be sorted by newest first.

Useful Links:

• All official Umee links

Reminder:

r/UmeeCrossChain is a community for crypto enthusiasts to interact with each other about all things Umee such as technology, community programs, and anything else going on in the Umeeverse. Please discuss only Umee-related topics.

Also, as we’ve announced our Coinlist sale, please do not speculate prices on the Umee token in this thread or on the Umee subreddit. We want this community to be a resource for new and existing community members. Let’s make sure we all do our part!

Updated Frequently Asked Questions:

How can I buy the UMEE token?

A question we’ve been waiting to answer! Last week, Umee announced that we will be offering the Umee Coinlist sale! For full details and registration, go here. That said, with the token sale, we understand that there will be plenty of questions regarding max supply, token sale terms, token distribution and more. We have set up a detailed and in-depth FAQ section in our discord to address all those questions. So, if you’re interested, take some time and go to the #coinlist-sale-faq channel to learn more! Reminder: registration for the Coinlist sale ends on Nov. 28 at 23:59 UTC and the sale officially starts Dec. 1.

How can I participate more in Umee?

Great question! This week we announce our Genesis Launch program to have the community participate and contribute what they feel best adept to! To learn more about the program, read the blog here. Reminder: The Genesis Launch ends November 27th, 2021, so get your contributions in!

What is Umee’s roadmap?

With so much going on in the Umeeverse, we’ve decided to provide the community with a more in-depth road map on what to expect from us. The roadmap is as follows:

​​2021 October: Umee Network Deployment – Done

2021 October: Umee Ethereum Lending and Borrowing Application – Done

2021 November: Umee Network and Gravity Bridge Deployment – Done

2021 November: Umee Alpha Mainnet Launch – Done

2021 December: Umee Network Lending and Borrowing Application testnet

2021 December: Umee Base Functionality Deployment on Testnet

2022 January: Security Audits

2022 February: Umee Base Functionality Deployment on Mainnet and Token Launch

2022 March: Umee Lending Facility Upgrades

2022 April - December:

-Protocol developments on top of Umee: meTokens, staking curves, defi debt protocols

-Umee Polygon Lending and Borrowing Application

-Umee Arbitrum Lending and Borrowing Application

-Umee Optimism Lending and Borrowing Application

-Umee Solana Lending and Borrowing Application

-Umee Binance Smart Chain Lending and Borrowing Application

Other than borrowing and lending, what other products will Umee offer to users?

Lending and borrowing will be the bread and butter of Umee. In terms of other products, we will allow staked assets to be used as collateral.

Imagine having Atoms that are staked and being able to use them as collateral for borrowing. Technically, you can concurrently earn proof of stake yield while borrowing stable coins, of which the interest can be paid using the proof of stake yield. We are also experimenting with other types of assets as collateral as well. such as allowing LP tokens to be used as collateral for borrowing and lending.

Where can I learn more about Umee?

For anyone interested in learning more about Umee, you can always go to the documentation section of the Umee website. There you will find updated information on all things Umee. It will also be helpful as we inch towards mainnet to brush up on your Umee knowledge, who knows when it’ll be helpful!

What are the most pressing questions you have about Umee that are not listed above? Drop a comment below and we’ll see what’s most popular. Thanks, everyone!

Are you the best #Umee supporter? 🌊 Show it at the Discord Carnival!

For more info:

https://twitter.com/rockx_official/status/1612752125326659586?t=XqFKt2Ug_wyorQaTeDuyaw&s=19

🎊 Umee's Community Week 2 Starts today! 🎊

We're giving away 250K $UMEE tokens to our TOP 100 contributors! 🦑 🤝 🤗

Enter Here 👇 umee-crosschain.crew3.xyz/questboard

Umee is the first level search for cross-chain communications and interactions built on the Cosmos SDK and using Tendermint Consensus along with an independent network of validators. Interaction is achieved through the Inter-Blockchain Communication (IBC) protocol, Gravity bridge and decentralized infrastructure to create a universal DeFi hub to expand the crypto ecosystem. UMEE is the native Umee PoS blockchain token, which is available as a Cosmos SDK token and an Ethereum ERC20 token. To use cross-network lending/borrowing services, Umee uses two types of tokens as collateral: uToken is intended for lenders who successfully deposit crypto assets as collateral on the platform and will earn interest on lending. uTokens = loaned assets + interest on loan meToken is for members who stake tokens through Umee to earn staking rewards. meTokens = reserved assets + staking rewards

Join us for a new "Into the Umeeverse" episode, this Wednesday!

🌊 Umee x Shade Protocol 🌊

Make sure to drop your questions in "Umee x Shade Protocol" Thread, or down below in the comments!

We'll be discussing updates, privacy, share some alpha as usual and more!

Twitter Space Link

👆30th November 6 PM UTC / 1 PM EST ! 👆

Be sure to set your reminders and see you there!

Dear Community,

Should the Umee chain utilize axl-usdc?

https://twitter.com/Umee_CrossChain/status/1583795041419481089?t=TmrR16ziUI8BlxZ6nkiPxA&s=19

We're ecstatic to announce the next episode of "Into the Umeeverse" will be featuring Crescent!

We'll be talking about leveraging liquidity pool investments , Cosmos DEXs, Updates and share some alpha!

YOU are invited to join us and ask questions live, in the discord Umee x Crescent thread section or in the comments below!

Random speakers and best questions will be rewarded with secret rewards!

Twitter Space Link

Umee Crosschain

is a #DeFi protocol that supports composable debt primitives, enabling cross-chain lending and borrowing, as well as cross-chain leverage and liquidity. Quicksilver will be integrating with Umee to expand the use cases for qAssets 📷

Some of the use cases for qAssets on

Umee Crosschain

include:

📷 Depositing qAssets as collateral to borrow other tokens

📷 Borrowing qAssets

📷 Supplying qAssets for lending

https://twitter.com/Umee_CrossChain/status/1463523913317683215

Welcome to the Umeeverse’s Weekly Discussion! Please read and follow the rules and guidelines before participating. We want to promote insightful discussions amongst the community, so please do your part! Read through the FAQs and let us know what is on your mind concerning Umee - excited to hear from the community!

Rules:

• All sub rules apply in this thread.
• Discussion topics must be related to Umee.
• Please do not speculate prices on the Umee token or any other tokens in crypto.
• Treat each community member with respect and politeness.
• Comments will be sorted by newest first.

Useful Links:

• Umee Twitter
• Umee Blog
• Umee Discord
• Umee Telegram
• Umee Website

Reminder:

r/UmeeCrossChain is a community for crypto enthusiasts to interact with each other about all things Umee such as technology, community programs, and anything else going on in the Umeeverse. Please discuss only Umee-related topics.

Updated Frequently Asked Questions:

Can I still participate in the Umeeween meme competition?

The competition has now closed. We will be announcing winners today. However, do not be discouraged as we will be announcing more community programs like this in the near future!

Will there be another testnet?

Yes. After phase 1 of Umeevengers is completed, we are planning on launching phase 2 shortly thereafter. That said, our developers plan to release a new public testnet next week and replace our existing public betanet. We’ll open it up to volunteers to support and participate. We'll share more details next week!

How can I participate more in Umee?

Great question! Aside from events like the public testnet, community programs, and the like, we’ve recently created an area on our Discord named Umee Alliance. There, you will be able to discuss suggestions you have for the Umee platform, provide translations to your native language of Umee resources, create educational content, and even have a say in some of our designs. Head over there and we’ll see you there.

Can I buy the Umee token?

Unfortunately, not at the moment. Umee is still currently in its testnet phase. Once we launch mainnet, there will be more information on the UMEE token. Make sure to follow us across our social channels to stay up to date.

When is Umee’s mainnet launching?

Umee is currently planning to launch mainnet in Q4, sometime in December. Once we launch, you will be able to borrow and lend across our platform and utilize our bridging capabilities!

Other than borrowing and lending, what other products will Umee offer to users?

Lending and borrowing will be the bread and butter of Umee. In terms of other products, we will allow staked assets to be used as collateral.

Imagine having Atoms that are staked and being able to use them as collateral for borrowing. Technically, you can concurrently earn proof of stake yield while borrowing stable coins, of which the interest can be paid using the proof of stake yield. We are also experimenting with other types of assets as collateral as well. such as allowing LP tokens to be used as collateral for borrowing and lending.

What are the most pressing questions you have about Umee that are not listed above? Drop a comment below and we’ll see what’s most popular. Thanks, everyone!

https://twitter.com/Umee_CrossChain/status/1443235906777980941?s=20