UMI
1. Summary
- Price
-
$0.003934580000 0.0%
- Market Cap
- $3,189.00 (#10436)
- Supply
- /
- Tags
- Ethereum Ecosystem
- Description
-
UMI is a decentralized, open-source blockchain network designed for fast, feeless transactions and the execution of smart contracts. It leverages the innovative Proof-of-Authority (PoA) consensus algorithm, where master nodes and validator nodes work together to ensure optimal network performance and security. The UMI cryptocurrency enables users t...
UMI is a decentralized, open-source blockchain network designed for fast, feeless transactions and the execution of smart contracts. It leverages the innovative Proof-of-Authority (PoA) consensus algorithm, where master nodes and validator nodes work together to ensure optimal network performance and security. The UMI cryptocurrency enables users to transfer value globally in a matter of seconds and supports smart contract capabilities.
Key Features
- Instant Transactions: UMI's network can execute up to 4500 transactions per second, with plans to increase this capacity to 10,000 transactions per second and eventually reach 1 million transactions per second.
- Smart Contracts: The UMI blockchain allows for the creation of multifunctional smart contracts suitable for integration into various services such as decentralized exchanges, DeFi protocols, online stores, and more.
- Staking: By staking UMI, users can generate new coins at a rate of up to 40% per month, incentivizing user participation and fostering a sense of community within the ecosystem.
Unique Approach
UMI's unique approach to cryptocurrency issuance involves a smart contract-based staking mechanism, where network participants can unite and generate new coins simply by holding UMI in their wallets. This model allows UMI to avoid commissions for transfers, as staking participants are incentivized to develop the ecosystem without additional fees.
| Price | |
| 52W High price | $0.02 |
| 52W High date | 30th Mar 2022 (2 years ago) |
| All Time High (ATH) Date | 15th Nov 2024 (3 months ago) |
| All Time Low (ATL) Date | 15th Nov 2024 (3 months ago) |
| Supply & Trading Volume | |
| Trading Volume (24h) | $4.00 |
How does UMI's () performance compare to the median performance for assets of a similar market capitalization?
30 Day Return
%
-33.2%
Similar Market Cap
No GitHub repos found. Either the project is not open source or we don't have data yet.
Tip: Toggle each network by clicking the name above
Historic data is only available from 22nd April 2022
Total Followers
| Reddit Subscribers | |
|---|---|
| Active Reddit Users (past 24h) | |
| Discord users | |
| Active Discord Users | |
| Telegram Users | 1,741 |
| Twitter followers | 1,502 |
-
cointelegraph.com/press-releases/umi-combining-nft-staking-with-cross-chain-defi-farming-o...
Always do your own research (DYOR) before making any investment. Here's some links you might find helpful:
| Website | https://umi.top/ |
|---|---|
| Explorer | https://blockchain.umi.top/ |
| @umi_top_eng | |
| /r/UMITop | |
| Whitepaper | https://umi.top/whitepaper_en.pdf |
What is the correct contract address for UMI?
| Tron | TDH9sTjrxgrL8oogwMYw4Lq8UK25pTfp3d |
|---|---|
| Ethereum | 0x46943113ae84e732bb510b5f7686d8b76ff56774 |
| Polygon-pos | 0x10adf16a60f0020477c70473d6ea595d9bc29372 |
| Binance-smart-chain | 0x46943113ae84e732bb510b5f7686d8b76ff56774 |
Has UMI been audited for security?
No security audits found for this project.
Are you the owner of UMI? Edit it here
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