Protocol Roadmap
The road to democratizing wealth creation for all.
Last updated
The road to democratizing wealth creation for all.
Last updated
Umoja's mission is to make wealth creation accessible to everyone by creating the safest and highest-yielding digital assets. Our vision is a world where secure, compliant, and globally accessible financial products empower everyone to achieve upward social mobility, built on the world's leading digital asset trade execution engine.
The development of structured digital assets and their underlying position and trade execution layer is incredibly complex, ranging from compliance, security, custodial, and quantitative engineering considerations.
To ensure that the protocol is safe to use and can scale to support hundreds of billions if not trillions of dollars in transaction volume, the core development entity of Umoja, Umoja Labs, has scheduled a development roadmap that introduces simpler structured digital assets first, such as synthetic options, and then evolves its approach to enable smartcoins later on, after demonstrating the initial viability of structured digital assets (SDAs).
Umoja's Beta version is a CeFi (centralized finance) blockchain protocol that introduces the world's first non-fungible, structured digital asset - Synthetic Options.
Synth Options are more affordable, flexible, and less risky than traditional crypto options, as they are replicated based on underlying perpetual futures trading.
Synth Options serve as an asset management primitive to go short and long with 20x leverage with built-in liquidation protection. Beta will support the following Synth Call and Put Options for BTC, ETH, and AVAX.
Beta enables users to:
produce, track, and close Synth Option positions for BTC, ETH, and AVAX, and;
access automated risk analysis of BTC, ETH, and AVAX to help inform potential Synth Options strategies.
The strategic objective of Umoja's Beta version is to test and prove that the protocol can produce and support battle-tested, structured digital assets in an incredibly volatile cryptocurrency market.
Umoja's Mainnet V1 is a partially decentralized asset creation protocol introducing the world's first fungible, structured digital asset - Smartcoins. Most notably, Mainnet V1 launched $yBTC: DeFi's first BTC principal-protected and yield-bearing token.
The strategic objective of Umoja's Mainnet V1 is to test and prove that the protocol can produce and support battle-tested, fungible structured digital assets in an incredibly volatile cryptocurrency market. Doing so opens the door to introducing a multitude of other smartcoins across high-cap cryptocurrency markets (e.g. ETH, SOL, etc.)
Umoja's Mainnet V2 will be a decentralized asset creation protocol that supports many smartcoins leveraging various delta-neutral and directional strategies.
