UMFI Token Economy
The utility token powering rewards, bounties, and the internal economy.
UMFI is the utility token of the Oumafy network. It serves as the medium for task bounties, rewards, and internal economic activity. Unlike SBTs, UMFI tokens are transferable and can be earned and spent.
Earning UMFI: Complete task bounties (amount set by project owner), receive validator rewards for honest validation, earn bonus tokens for streaks and achievements, and receive distributions from project treasuries.
Spending UMFI: Post task bounties for your projects, access premium features (coming soon), and participate in the internal marketplace.
All UMFI transactions are recorded in the token ledger with full transparency. You can view your transaction history in your dashboard. The token supply is managed by the foundation to prevent inflation.
Important: UMFI is currently simulated in the database. When the network reaches sufficient scale, UMFI will migrate to an on-chain token while preserving all existing balances.