Fees 5 %
Market Cap $19,351,806 Price$0.008
RewardsEvery block (around 6 seconds)
Lock-up period14 days
CompoundingManual restake by delegator; the delegator must claim the rewarded $UMEE manually and then complete the restake process.
Slashing risk• Downtime slashing (liveness fault): 0.01% of UMEEs slashed. It happens when the validator is down for approximately 10,000 blocks (about 16 hours). • Double sign slashing: 5% of UMEEs slashed. It happens if the validator tries to validate twice the same block (malicious behavior or poor set-up).
Umee is a Cosmos SDK blockchain that acts as a cross-chain DeFi Hub. Through IBC, Umee is interoperable with leading blockchains in the Cosmos ecosystem, such as Cosmos, Terra, Juno, Osmosis and others. Umee is also compatible with Ethereum with its own bridge built on the Gravity smart contract. Umee aims to connect with further ecosystems and networks, breaking the existing silos between blockchains and advancing capital efficiency. Within the Umee DeFi Hub, different financial products can be built, such as interest rate instruments, financial primitives, multi-chain staking and more. Umee already provides the ability to lend and borrow across different blockchains. UMEE is the blockchain's native token. It serves as the primary means of governance, blockchain security, and gas fees for transactions. UMEE can be staked to earn staking rewards via newly minted tokens.
Learn about Umee (umee)
Why stake with us?Stakin has strong expertise running validators for Umee and for the Cosmos ecosystem: • The company took part in Umeevenger incentivized testnet. • 3,000+ delegators are already staking their UMEE tokens with us. • Stakin supports 20+ Cosmos networks and is dedicated to the development of the ecosystem. • The company actively participates in on-chain governance and votes on all key proposals. • As a community contribution, Stakin provides public RPC nodes and IBC Relayers connecting the IBC ecosystem of networks. • We offer dedicated support for all your staking, unstaking, and network-related questions.