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.

Amount staked

89,264,779 UMEE ($56,539)

ARR

15.88%

Commission

10%

Price

$0.00063

Delegators

235

Validator Address

umeevaloper1ukk6qutqe24hmmwqkumluprms9fu7kannz5gl7

How many UMEEs do you want to stake?

Delegation amount

640 UMEE

$0.4

Daily earnings

0.3 UMEE

$0.0

Monthly earnings

7.5 UMEE

$0.0

Yearly earnings

91.4 UMEE

$0.1

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256,992 ATOM
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877,941 CTK
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300,018 BAND
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ICS
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TBA APR
7,978,948 AURA
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16.43% APR

ICS
256,992 ATOM
$80,120

TBA APR
89,264,779 UMEE
$56,539

15.88% APR
34,604 AXL
$21,565

0.82% APR
44,651 ELYS
$0

TBA APR

Frequently Asked Questions

Here are answers to some of the questions our community has asked us. Get in touch if there’s more you would like to know.

What is 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.
What are validating and delegating?
New blocks on Umee are proposed by validators. To enable Umee to run seamlessly, validators need the technical capabilities to offer a secure, always on infrastructure. Not everyone is able to do this. Some token holders participate indirectly by delegating the tokens they have to a validator. Validators are running a service for delegators. They typically charge a fee to cover their operational costs.
Why should you delegate?
By delegating UMEE, you help secure the network. You get part of the rewards provided by the protocol for this assistance. If you are planning to hold on to UMEE for some time, delegating will help you accumulate more UMEE while contributing to the health of the network.
What happens to the ownership of UMEE after they’re delegated?
You are not giving away ownership of UMEE by delegating. As a validator, we will never have the ability to move your UMEE.
What are the risks of delegating on Umee?
UMEE penalizes any validator that misses too many blocks or double signs a block by slashing the staked amount on that validator. We have our own capital on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware that this slashing risk will always exist.
What happens to the ownership of UMEE after they’re delegated?
Umee penalizes any validator that misses too many blocks or double signs a block by slashing the staked amount on that validator. We have our own capital on the line, so we are fully incentivized to do our best to prevent such events. However, delegators must be aware that this slashing risk will always exist.
Can you undelegate anytime?
Undelegating (also called unbonding or unstaking) can be done anytime. However, it takes approximately 21 days for your UMEE to undelegate and become transferable. This time period exists in order to prevent long range attacks
What does TTT get out of this?
We charge 5% from the block rewards received by our delegators. For example, if a delegator receives 100 UMEE as a reward, TTT will receive 4 UMEE while the delegator will get 95 UMEE.
How to get compound interest from UMEE staking rewards?
With UMEE staking offering up to 15.88% APR, you can increase your earnings by an additional % by enabling the restake rewards feature on ReStake.app, accessed through your Keplr wallet. This feature automatically claims and restakes your rewards, compounding your earnings without any hassle or inconvenience. It's a secure and easy way to earn passive income.
Does staking with TTT allow me to participate in Umee Airdrops?
When you stake your UMEE tokens with TTT, you may become eligible for Cosmos-based airdrops, allowing you to receive free tokens as a reward for your participation. We support many blockchain networks, so you never know what exciting opportunities may come your way.