Umoja UMJA

1. Summary

Ranks

Liquidity

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Developer

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Social

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Momentum (beta)

0

Stack Rank™

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Price

$0.000000000000 0.0%

Market Cap

$ (#26144)

Supply

/

Tags

More Metrics

Price
All Time High (ATH) Date	31st May 2024 (3 months ago)
All Time Low (ATL) Date	31st May 2024 (3 months ago)

Supply & Trading Volume
Max Supply	1.00B

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Description

Overview of Umoja Protocol

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Overview of Umoja Protocol

Umoja is an asset management protocol designed to convert altcoins into smartcoins, which optimize yield while limiting risk. The protocol uses tokenized asset management strategies called Synths to automate and simplify financial strategies for users. These Synths help create new competitive assets called smartcoins.

Key Features and Utilities

• Tokenomics: The UMJA token is used for governance, protocol fee discounts, and insurance.
• Smartcoins: These are self-trading digital assets that autonomously manage their underlying value through Synth strategies.
• Synths: Tokenized asset management strategies that replicate the performance of traditional financial instruments like options.
• Staking: Users can stake USDC to the Insurance Pool and UMJA to the Governance Pool for various rewards and benefits.
• Protocol-Enabled Buybacks: Fees collected from Synth usage and asset minting are used to buy back UMJA tokens on decentralized exchanges.

Market and Focus

Umoja operates in the DeFi and composable asset management markets, aiming to simplify asset management and make sophisticated financial strategies accessible to retail investors.

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