According to BlockBeats news, the cross-chain DeFi platform Umee (UMEE) will launch a public offering on CoinList on December 2 at 1:00 Beijing time. There are two purchase plans: Plan 1 offers a price of US$0.06, with a public issuance supply of 300,000,000 tokens, a 2-month lock-up period, and linear token release within 10 months after issuance on February 15th.

Plan 2 offers a price of US$0.07, with a public issuance supply of 200,000,000 tokens, a 2-month lock-up period, and linear token release within 8 months after issuance on February 15th. Umee is a cross-chain DeFi platform that connects blockchains, allowing developers to build application ecosystems on top of it.

The Umee blockchain uses the Tendermint Proof of Stake consensus protocol to enable instant interoperability with the Cosmos ecosystem, Ethereum network, sidechain architectures, layer 2 scaling solutions, and alternative base layer protocols, facilitating seamless exploration of DeFi applications.

The platform is now fully integrated with the Farcaster protocol.

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