Sumero App

Create and trade financial derivatives without a brokerage or clearing house.

[Sumero App @SumeroApp]

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.

[Sumero App @SumeroApp]

He's gone and told everyone.

[Ciarán Murray @C1aranMurray]

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.

[Sumero App @SumeroApp]

Airdrop contract is live. If you signed up you can claim it now.

https://t.co/UMVFuzS61S

[Sumero App @SumeroApp]

@Pitexpeter Here's the direct link: https://t.co/zwC4KBIBMt

[Sumero App @SumeroApp]

Soft launched 👀

[Sumero App @SumeroApp]

@Pitexpeter Apologies. One of the dev's is going to fix that link now.

[Ciarán Murray @C1aranMurray]

Global Access Labs, a Dublin-based company building Sumero is hiring developers. DMs open for enquiries.

[Ciarán Murray @C1aranMurray]

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.

[Sumero App @SumeroApp]

@mdmasud8800 Still in development. Close though!

[Sumero App @SumeroApp]

Hello there.

https://t.co/5zbVLpTZOE

[Sumero App @SumeroApp]

@Markohayeso Perhaps yes. Starting on directly on Ethereum though. We'll definitely build out V.2 on a rollup as well.