u/---ajs---

53 post karma · 4 comment karma · joined Sep 2021 · moderator

  1. 2points

    New Asset Listings on Umee - Proposal Discussions (self.UmeeCrossChain) [📝 DISCUSSION 📝]

    1 comments

  2. 4points

    Umee CEO Brent Xu on Binance's acquisition of FTX (markets.businessinsider.com)

    0 comments · source

  3. 8points

    Umee Founder & CEO Brent Xu's take on the current state of the market (cnbc.com)

    0 comments · source

  4. 4points

    What is a Blockchain?︱Easy Animated Explanation | Umeeversity (youtu.be)

    0 comments · source

  5. 7points

    Umeeween Meme Contest - Submit your best spooky Umee memes for a chance to win rewards! (twitter.com) [🐸 MEMES 🐸]

    1 comments · source

  6. 9points

    Introducing the Umee Community DAO! Community members who submit valuable contributions can now earn UMEE token rewards. (umee.cc) [🚨 OFFICIAL ANNOUNCEMENT 🚨]

    2 comments · source

  7. 9points

    Umee mainnet is live - lend and borrow Cosmos and Ethereum assets on Umee now! (umee.cc)

    1 comments · source

  8. 8points

    Introducing UDX, Umee's Official Institutional Lending DAO (umee.cc) [🚨 OFFICIAL ANNOUNCEMENT 🚨]

    0 comments · source

  9. 8points

    Umeeversity Pop Quiz! Complete the quiz on Umee CEO Brent Xu's Cosmoverse presentation for a chance to win UMEE and WL spots for Umee's upcoming NFT collection! (umee.cc) [🚨 OFFICIAL ANNOUNCEMENT 🚨]

    0 comments · source

  10. 7points

    Into the Umeeverse Episode 3, featuring Axelar (youtu.be)

    0 comments · source

  11. 5points

    The updates coming to Cosmos’ liquid staking model will benefit protocols built for composability, like Umee. (blockworks.co)

    0 comments · source

  12. 6points

    "I'm very bullish on the future of unsecured borrowing and lending" - Brent Xu, founder and CEO of Umee (reuters.com) [📝 DISCUSSION 📝]

    0 comments · source

  13. 9points

    Incoming $HARBOR airdrop for UMEE stakers! (twitter.com) [📝 DISCUSSION 📝]

    6 comments · source

  14. 5points

    Crypto: Women Leading the Way (nasdaq.com)

    0 comments · source

  15. 6points

    PoS as an inflation hedge? (self.UmeeCrossChain)

    1 comments

---ajs---

There are several! You can earn lending yield which is pretty low-risk. Certain assets lent can be used as collateral for borrowing other assets. It's also a way to earn some yield on your PoS assets without bonding them (so you can withdraw and use or trade instantly).

In the near future there will be liquidity mining incentives, so similar to how you earn additional OSMO for providing liquidity for pairs on Osmosis, you will be able to earn additional UMEE for lending on Umee without the risk of impermanent loss.

---ajs---

Hey! There will be liquidity mining incentives in the near future. There needs to be significant demand for an asset to drive lending rates up, and once some stablecoins are supported we can expect to see more lend/borrow activity. Overall lending involves much lower risk than eg providing liquidity on a dex so incentives don't need to be crazy.

---ajs---

They don't plan on sharing the snapshot date afaik