UX Chain

[Umee](https://www.coinlive.com/coin/umee) is a [layer-one blockchain](https://coinmarketcap.com/alexandria/glossary/layer-1-blockchain) built on [Cosmos](https://www.coinlive.com/coin/cosmos) designed to create a universal [cross-chain](https://coinmarketcap.com/alexandria/glossary/cross-chain) [DeFi](https://coinmarketcap.com/alexandria/glossary/defi) hub. It serves as a base layer for future [DApps](https://coinmarketcap.com/alexandria/glossary/decentralized-applications-dapps) and money legos. Thanks to the [interoperability](https://coinmarketcap.com/alexandria/glossary/interoperability) of the Tendermint [Proof-of-stake](https://coinmarketcap.com/alexandria/glossary/proof-of-stake-pos) [consensus mechanism](https://coinmarketcap.com/alexandria/glossary/consensus-mechanism) used, the Umee blockchain can be integrated with Cosmos, [Ethereum](https://www.coinlive.com/coin/ethereum), [side chains](https://coinmarketcap.com/alexandria/glossary/side-chain), [layer-two](https://coinmarketcap.com/alexandria/glossary/layer-2) chains, and alternative base-layer protocols. It was created to address the three main issues plaguing DeFi today: * Detached yields * Concentrated systemic risks * Isolated capital By introducing bridging solutions that increase capital efficiency and break the siloed structure of different blockchain ecosystems, Umee plans to enable cross-chain lending and borrowing, [staking](https://coinmarketcap.com/alexandria/glossary/staking), and cross-chain DeFi rates. Eventually, Umee is to become a hub for all things DeFi, which connects various ecosystems all under the DeFi umbrella. That also includes having its own interest rate instruments and other financial primitives providing financial infrastructure for the crypto industry. In its roadmap for 2022, Umee plans to deploy its lending and borrowing app on different blockchains like [BSC](https://www.coinlive.com/coin/binance-coin), [Solana](https://www.coinlive.com/coin/solana), [Polygon](https://www.coinlive.com/coin/polygon), Arbitrum, and Optimism. Furthermore, it sees protocol developments on top of its base layer, such as meTokens, Staking Curves, and DeFi Debt Protocols.