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Umee is creating an institutional lending decentralized autonomous organization (DAO) called UDX to help facilitate the transition of bond markets into DeFi lending. The initiative will improve bond markets’ efficiency on Umee’s Cosmos-, Ethereum-, Avalanche-, Near- and Solana-compatible trading platform. Source
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We ask the buidlers in the blockchain and cryptocurrency sector for their thoughts on the industry… and throw in a few random zingers to keep them on their toes! This week, our 6 Questions go to Ming Duan, the co-founder and chief operating officer of Umee, a cross-chain DeFi hub that
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Cross chain DeFi hub Umee's token sale on Coinlist has broken the record for user interest on the platform and concluded with nearly $32 million raised.Coinlist reported that more than 922,000 Coinlist accounts had registered for options 1 and 2 of the UMME token sale, which is the highest number
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Umee raised $32 million from community members who piled into the chain-hopping network’s UMEE token ahead of mainnet launch, slated for mid-February 2022.Umee set a CoinList record with 922,000 wallet registrations, though only 64,000 ultimately bought, CoinList Head of Sales Mike Zajko told CoinDesk.The flexible decentralized finance (DeFi) base layer,
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