Validating & 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. We ask 10%.

Undelegating & Unbonding

YES!

Undelegating (also called unbonding or unstaking) can be done anytime; however, it takes approximately 2 weeks for your ATOM to undelegate and become transferable. This time period exists in order to prevent long range attacks.

Why Delegate?

Glad you asked!

By delegating Umee, you help secure the network. You also earn 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.

Umee

Umee is a DeFi platform designed towards integrating with money legos, that interconnects crypto markets across networks, allows for the development of open finance innovation including Multi-chain Staking, Interchain Leverage, and Cross Chain Interest rates.

Umee

Umee is a layer one blockchain for cross chain communication and interoperability, built on the Cosmos SDK and powered by Tendermint Consensus along with a self sovereign validator network.

"Cross the DeFi waves with Umee, the simplest way to start your DeFi experience for staking, rates, and interoperable solutions across blockchains. Borrow and lend today."

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