Umeevengers Incentivized Testnet Program Phase 1
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Equal in $
200 Validator spots
Hard, Low Risks
Umee would like to give the community some more ways to have fun, and they’re opening up the Umeevengers Phase 1 applications.
Phase 1 Details
- Validators (aka Umeevengers) will compete amongst each other on Uptime, Never Jailed, Number of Blocks processed, and Contributions to the Umee network in general each week.
- The prize pool will consist of 4 million UMEE tokens, that will be distributed at a later date.
- All the details of Phase 1 will be posted on Wednesday, September 29th.
- The program will run for 5 weeks, and there will be a leaderboard to track Validator scores.
- Phase 1 of the Umeevenger testnet will be limited to 200 Validator spots, so be sure to submit an application!
- There is also a waitlist for Validators to join the testnet at the end of each week in case other Validators drop out or are kicked for misbehavior.
- Applications are available from Monday, September 27th, 4 pm UTC — Friday, October 1st, 4 pm UTC
- Selected Validators, as well as the Validator waitlist, will be posted on a public spreadsheet on Wednesday, October 6th, 2021!
- Phase 1 is set to start on October 11th.
- Please submit your application here.
Umee is also…
… cross chain liquidity to connect You and Me.
- Cross chain Support: users interact with multiple networks seamlessly without relying on centralized gatekeepers
- Capital Efficiency: capital across networks will no longer exist in silos and liquidity is interconnected and accessed without borders
- Money Legos meets PoS: DeFi protocols will interact with Proof of Stake yields while staking derivatives create novel financial paradigms
- DeFi Hub: a universal, permissionless platform open to all users and projects to be part of their DeFi journeys
Path to a Cross Chain DeFi Hub
- Umee is built on Cosmos while leveraging IBC as a layer 0 protocol for cross blockchain communication and interoperability
- Utilizing the Gravity Bridge to connect with Ethereum, Umee will interface with multiple bridging solutions to create a universal crypto hub
- Umee will lead the way with interchain staking and delegations, cross chain liquidity mining and asset distributions, plus multichain stakedrops
Umee is excited to announce Phase 1 of thier incentivized testnet: #Umeevengers! Umeevengers will be an incentivized testnet with two phases, with Phase 1 set to start on October 11th.
11 Oct 2021 03:00(UTC+3) - 15 Nov 2021 03:00(UTC+3)