Create and trade financial derivatives without a brokerage or clearing house.
Joined March 2021
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There's $150k staked in the protocol so far. That's a lot of opportunity to earn Clay by minting and pooling synths.
Remember Clay will grant holders a stake in the upcoming project by the same team that built Sumero.
He's gone and told everyone.
1/ It’s been a much longer journey than expected but I’m finally pleased to announce the launch of @SumeroApp.
It’s a synthetic assets protocol secured by Ethereum and UMA.
Airdrop contract is live. If you signed up you can claim it now.
airdrop.sumero.finance/
Sumero App retweeted
Global Access Labs, a Dublin-based company building Sumero is hiring developers. DMs open for enquiries.
Sumero App retweeted
TerraUSD breaking its peg would have huge consequences for Mirror protocol where it is used as collateral to mint synthetic assets.
@SumeroApp will use $USDC (highly unlikely to break its peg) and $ETH (which can be hedged) as collateral for minting synths.
