Cosmostation and Umee Announce Strategic Partnership

Mikey JH Lee
Cosmostation
Published in
3 min readOct 7, 2021

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Cosmostation announces a global strategic partnership with Umee, a decentralized finance hub for cross chain interactions such as multi-chain interest rates, staking and lending & borrowing.

Umee x Cosmostation

Cosmostation and Umee have entered into a strategic partnership to secure the multi-chain ecosystem on Umee. Cosmostation will participate in Umee network as a validator node operator and end-user application provider.

Users will be able to manage assets on Umee seamlessly with Cosmostation iOS & Android Mobile Wallets and Web Wallet via Ledger and Keystation. Furthermore, Mintscan, a user-friendly block explorer powered by Cosmostation, will be supporting Umee through this partnership.

Umee’s vision of building an interoperable multi-chain DeFi hub will enable cross-chain lending and borrowing at scale, allowing users to interact with a large pool of liquidity across trusted bridges. Cosmostation is thrilled to join the journey to cross-chain DeFi universe with Umee, the first mover in the field of inter-chain lending & borrowing in the Cosmos ecosystem — Mikey Lee, Cosmostation

About Umee

Umee is a cross-chain DeFi hub that aims to connect various blockchains from different ecosystems, create a permissionless decentralized finance platform and enable seamless intercommunication without borders.

Initially, Umee aims to build a cross-chain lending & borrowing platform via bridging the Cosmos ecosystem with Ethereum-based networks. With this “Interchain Leverage”, assets across Cosmos and Ethereum will be able to fully utilize the potential of their liquidity. Starting from Interchain Leverage, Umee plans to keep developing & adapting new DeFi features such as Cross-Chain Interest Rates and Multichain Staking. Please read their whitepaper for technological backgrounds and details on the protocol.

If you wish to be stay updated with Umee’s latest news, follow Umee’s SNS & join the Umee Discord community from the links below:

https://medium.com/umeeblog

Cosmostation Is More Than A Umee Validator

As an enterprise-level validator infrastructure provider active since the genesis of Cosmos, Cosmostation proudly offers secure and robust node operation. On top of providing top-tier validator operation, Cosmostation will also be supporting Umee as an end-user application developer & provider.

Cosmostation will be providing Umee secure and user-friendly tools for the ecosystem, as we believe it is just as important as operating a stable and secure validator node. End-user applications with good UI/UX improves the overall accessibility of the network as well as its appeal to the general masses.

Through this partnership, Cosmostation will be supporting Umee on Cosmostation Mobile/Web Wallets and Mintscan Block Explorer. Please stay tuned for further notices & updates about Cosmostation x Umee, thank you.

Cosmostation Validator Node is a top tier, enterprise-level network-securing validator node for PoS(Proof of Stake) based blockchains. Stake with us to earn passive income with security.

Mintscan Block Explorer: a block explorer proudly represented to exchanges & everyday users, made with sophistication.

Cosmostation Mobile Wallet is a non-custodial application, chosen by the majority of users within the Tendermint ecosystem. Download your app from these links: iOS & Android

Cosmostation Web Wallet: web wallet with Ledger hardware wallet integration.

Keystation Extension: End-to-end encrypted key management system for networks built with Tendermint. Open source, no installation, no hardware required.

About Cosmostation

Cosmostation is an enterprise-level validator node infrastructure & end-user application provider based in Seoul, South Korea. Cosmostation runs validator nodes across several networks, specifically focused on networks built with PoS(Proof of Stake) consensus. Along with node operation, Cosmostation develops and maintains Mintscan Block Explorer and Cosmostation iOS, Android, Web Wallets to support in-depth features for modules specific to each network.

Website: https://www.cosmostation.io/
Github: https://github.com/cosmostation
Android Wallet: Android — Google Play Store
iOS Wallet: iOS — iTunes App Store
Block Explorer: https://www.mintscan.io/
Medium: https://medium.com/cosmostation/
Twitter: https://twitter.com/CosmostationVD
Telegram: https://t.me/cosmostation

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