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Add Umoja's UMJA TVL. #14141
Add Umoja's UMJA TVL. #14141
Conversation
this is mcap not tvl |
We're using the same logic as we did for Umoja's yBTC: https://github.com/DefiLlama/DefiLlama-Adapters/pull/14137/files @waynebruce0x , would you propose any alternative way? |
what is UMJA backed by? |
The adapter at projects/umoja-umja exports TVL:
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@waynebruce0x , adapter was changed to fetch the balance locked in UMO Governance: |
The adapter at projects/umoja-umja exports TVL:
|
@waynebruce0x change submitted, waiting for merge. |
Can we integrate this with either yBTC or Umoja Synths adapters? |
Yes, I think you may do so. |
$UMJA is our protocol's utility token that is and will be attached to existing and new products released by Umoja.
For example, if you mint any smartcoin (like Umoja's yBTC), you'd be credited with $UMJA, and the reverse is also true, if you burn some smartcoin, you'll need to burn UMJA too.
You may also stake $UMJA to accrue $UMO which is our governance token and it is not tradeable.
$UMJA is already listed in
Coingecko: https://www.coingecko.com/en/coins/umoja
CMC: https://coinmarketcap.com/currencies/umoja/