# Ideas Bank

**URL:** https://discourse.uma.xyz/c/ideas-bank/23.md?page=2

[Latest](https://discourse.uma.xyz/latest.md) · [Categories](https://discourse.uma.xyz/categories.md) · [Tags](https://discourse.uma.xyz/tags.md)

**Page:** 3

---

## [SynthMyRide](https://discourse.uma.xyz/t/synthmyride/911)

<div class="topic-metadata">

**Author:** [@Pedrox](https://discourse.uma.xyz/u/Pedrox)\
**Replies:** 0\
**Last updated:** [April 18, 2021, 3:22am UTC](https://discourse.uma.xyz/t/synthmyride/911 "2021-04-18T03:22:52Z")

</div>

SynthMyRide Summary Description The tokenization of your dreemed car Which metric will your synth track? The price of the car of your dream. How will you get data for your metric There are several price sources for…

---

## [Protector - Endangered species trackers](https://discourse.uma.xyz/t/protector-endangered-species-trackers/881)

<div class="topic-metadata">

**Author:** [@ericbal](https://discourse.uma.xyz/u/ericbal)\
**Replies:** 1\
**Last updated:** [April 18, 2021, 3:10am UTC](https://discourse.uma.xyz/t/protector-endangered-species-trackers/881 "2021-04-18T03:10:51Z")

</div>

Title of your idea Protector - Endangered species synthetic Summary Description We all know animals need to be protected from human activity if we want them to survive, but this does not always happen. One of the rea…

---

## [uGREEN - Tokenizing the Budding Future of Cannabis](https://discourse.uma.xyz/t/ugreen-tokenizing-the-budding-future-of-cannabis/898)

<div class="topic-metadata">

**Author:** [@JBdiscord](https://discourse.uma.xyz/u/JBdiscord)\
**Replies:** 3\
**Last updated:** [April 18, 2021, 1:33am UTC](https://discourse.uma.xyz/t/ugreen-tokenizing-the-budding-future-of-cannabis/898 "2021-04-18T01:33:43Z")

</div>

Title of your idea uGREEN - Tokenizing the Budding Future of Cannabis Summary Description I proposed sENERGY to inspire a brighter future for humanity so of course, I had to design something for the degens. Introducin…

---

## [Synthetic grayscale BTC](https://discourse.uma.xyz/t/synthetic-grayscale-btc/906)

<div class="topic-metadata">

**Author:** [@andro91](https://discourse.uma.xyz/u/andro91)\
**Replies:** 0\
**Last updated:** [April 17, 2021, 7:24am UTC](https://discourse.uma.xyz/t/synthetic-grayscale-btc/906 "2021-04-17T07:24:29Z")

</div>

synthetic grayscale bitcoin trust Summary Description without a BTC ETF there is no way to gain exposure directly to BTC through traditional markets. Grayscale is the worlds largest crypto fund and often trades at a pr…

---

## [InDEX-DEX's token index](https://discourse.uma.xyz/t/index-dexs-token-index/903)

<div class="topic-metadata">

**Author:** [@nope](https://discourse.uma.xyz/u/nope)\
**Replies:** 0\
**Last updated:** [April 17, 2021, 2:32am UTC](https://discourse.uma.xyz/t/index-dexs-token-index/903 "2021-04-17T02:32:32Z")

</div>

Title of your idea InDEX-DEX’s token index Summary Description The importance of DEX in DeFi space has already been talked about. It can be said that some DEXs have already succeeded.Some DEXs will take a leap forward…

---

## [Unemployment rate](https://discourse.uma.xyz/t/unemployment-rate/886)

<div class="topic-metadata">

**Author:** [@Celvin](https://discourse.uma.xyz/u/Celvin)\
**Replies:** 0\
**Last updated:** [April 15, 2021, 9:06am UTC](https://discourse.uma.xyz/t/unemployment-rate/886 "2021-04-15T09:06:21Z")

</div>

Unemployment rate Summary Description Unemployment has had a lot of volatility due to covid and it remains to be seen, if return to normal occurs. This would be a good indicator of economics to speculate on especially…

---

## [Lift off - Everyone wants an open world](https://discourse.uma.xyz/t/lift-off-everyone-wants-an-open-world/865)

<div class="topic-metadata">

**Author:** [@FdT](https://discourse.uma.xyz/u/FdT)\
**Replies:** 0\
**Last updated:** [April 13, 2021, 6:36pm UTC](https://discourse.uma.xyz/t/lift-off-everyone-wants-an-open-world/865 "2021-04-13T18:36:39Z")

</div>

Lift off - Travel is back Summary Description People are longing to travel and move freely again. While everyone is fed up with news about Covid development, there’s a strong demand for positive news, any sign that sec…

---

## [Consumer Price Index token](https://discourse.uma.xyz/t/consumer-price-index-token/113)

<div class="topic-metadata">

**Author:** [@Radar77](https://discourse.uma.xyz/u/Radar77)\
**Replies:** 8\
**Last updated:** [April 12, 2021, 11:41am UTC](https://discourse.uma.xyz/t/consumer-price-index-token/113 "2021-04-12T11:41:23Z")

</div>

Having read the Big Mac Index discussion, it seems you could take this one step (or several steps) further and try to create a CPI token (decent read on investopedia, couldn’t post link) Could be based on basket of good…

---

## [BTC Umbrella](https://discourse.uma.xyz/t/btc-umbrella/616)

<div class="topic-metadata">

**Author:** [@LightWan](https://discourse.uma.xyz/u/LightWan)\
**Replies:** 1\
**Last updated:** [April 7, 2021, 3:02pm UTC](https://discourse.uma.xyz/t/btc-umbrella/616 "2021-04-07T15:02:07Z")

</div>

So my idea is to offer a protection from the unavoidable BTC bear markets. This is something that touches everybody in the crypto space and would have a positive outcome in bear markets. It would have to be inversely l…

---

## [DEFI market tracker](https://discourse.uma.xyz/t/defi-market-tracker/617)

<div class="topic-metadata">

**Author:** [@LightWan](https://discourse.uma.xyz/u/LightWan)\
**Replies:** 0\
**Last updated:** [April 6, 2021, 6:35am UTC](https://discourse.uma.xyz/t/defi-market-tracker/617 "2021-04-06T06:35:16Z")

</div>

A synthetic asset that would track the market size of the DEFI space. Pretty much everyone agrees to say that DEFI is the future of finance, therefore I think it would be cool to keep that of its growth.

---

## [Indexing the NFT space](https://discourse.uma.xyz/t/indexing-the-nft-space/328)

<div class="topic-metadata">

**Author:** [@tomo](https://discourse.uma.xyz/u/tomo)\
**Replies:** 8\
**Last updated:** [April 1, 2021, 7:12pm UTC](https://discourse.uma.xyz/t/indexing-the-nft-space/328 "2021-04-01T19:12:16Z")

</div>

I’m interested in the idea of measuring the general NFT space and turning it into an index where traders who are bullish on NFTs could sell shares to those who think it’s a bubble. An initial naive implementation might …

---

## [A competition where the team with the most Twitter follower counts at token expiry wins](https://discourse.uma.xyz/t/a-competition-where-the-team-with-the-most-twitter-follower-counts-at-token-expiry-wins/504)

<div class="topic-metadata">

**Author:** [@SplurgyCleric](https://discourse.uma.xyz/u/SplurgyCleric)\
**Replies:** 2\
**Last updated:** [April 1, 2021, 12:14pm UTC](https://discourse.uma.xyz/t/a-competition-where-the-team-with-the-most-twitter-follower-counts-at-token-expiry-wins/504 "2021-04-01T12:14:04Z")

</div>

The idea in a paragraph: A synthetic token with the total follower count of two baskets of Twitter profiles as the reference index. You’d be turning long and short positions into a bet of whether basket 1 (long position)…

---

## [Inverse tracking of enterprises carbon footprint](https://discourse.uma.xyz/t/inverse-tracking-of-enterprises-carbon-footprint/484)

<div class="topic-metadata">

**Author:** [@asanchezCLS](https://discourse.uma.xyz/u/asanchezCLS)\
**Replies:** 2\
**Last updated:** [March 31, 2021, 11:40am UTC](https://discourse.uma.xyz/t/inverse-tracking-of-enterprises-carbon-footprint/484 "2021-03-31T11:40:32Z")

</div>

I have been thinking about the possibility of a synthetic token that moves against the carbon footprint value of an enterprise (could be extended to more than one). It could be used by enterprises that claim to support …

---

## [Cryptocurrency for Business Owners](https://discourse.uma.xyz/t/cryptocurrency-for-business-owners/360)

<div class="topic-metadata">

**Author:** [@abekeapo](https://discourse.uma.xyz/u/abekeapo)\
**Replies:** 1\
**Last updated:** [March 31, 2021, 8:11am UTC](https://discourse.uma.xyz/t/cryptocurrency-for-business-owners/360 "2021-03-31T08:11:57Z")

</div>

I have an idea of a crypto coin targeted for business use only. The only problem it’ll solves is just to ease making transactions. We’ll roll out some products to make sure the token gets to more audiences, e.g We’d pa…

---

## [Major Freight Index's](https://discourse.uma.xyz/t/major-freight-indexs/306)

<div class="topic-metadata">

**Author:** [@lostlittlepuppy](https://discourse.uma.xyz/u/lostlittlepuppy)\
**Replies:** 6\
**Last updated:** [March 29, 2021, 3:10pm UTC](https://discourse.uma.xyz/t/major-freight-indexs/306 "2021-03-29T15:10:25Z")

</div>

The Shanghai Containerized Freight Index (SCFI) , is one of the most widely used index for freight rates for import to China worldwide. This index is calculated weekly. Shanghai is the main port for Chinese imports and e…

---

## [Insurance against price drops using PUT options built on UMA](https://discourse.uma.xyz/t/insurance-against-price-drops-using-put-options-built-on-uma/409)

<div class="topic-metadata">

**Author:** [@moresh](https://discourse.uma.xyz/u/moresh)\
**Replies:** 3\
**Last updated:** [March 28, 2021, 5:01pm UTC](https://discourse.uma.xyz/t/insurance-against-price-drops-using-put-options-built-on-uma/409 "2021-03-28T17:01:06Z")

</div>

We should be able to create PUT options as well using UMA. For instance we want to sell tokenized gold put options, or a put option on SUSHI tokens A synth representing the put can be minted by collateralizing a stable…

---

## [Twitch/Youtube Streamer Synthetic](https://discourse.uma.xyz/t/twitch-youtube-streamer-synthetic/272)

<div class="topic-metadata">

**Author:** [@kryptoz](https://discourse.uma.xyz/u/kryptoz)\
**Replies:** 29\
**Last updated:** [March 26, 2021, 5:26pm UTC](https://discourse.uma.xyz/t/twitch-youtube-streamer-synthetic/272 "2021-03-26T17:26:15Z")

</div>

Me and someone else in the discord were discussing the possibility of a synthetic based off of the popularity or some other metric of streamers. I will post a link to the original discussion here but the gist of it is th…

---

## [CALL OPTIONS using UMA](https://discourse.uma.xyz/t/call-options-using-uma/408)

<div class="topic-metadata">

**Author:** [@moresh](https://discourse.uma.xyz/u/moresh)\
**Replies:** 0\
**Last updated:** [March 26, 2021, 7:43am UTC](https://discourse.uma.xyz/t/call-options-using-uma/408 "2021-03-26T07:43:57Z")

</div>

UMA recently launched call options primitives OPEN DAO plans to utilize them to launch CALL options for OPEN tokens. But instead of doing it via treasury we want to do it in a manner that incentivizes the community. Co…

---

## [$POC Proof Of Climate](https://discourse.uma.xyz/t/poc-proof-of-climate/299)

<div class="topic-metadata">

**Author:** [@Pedrox](https://discourse.uma.xyz/u/Pedrox)\
**Replies:** 1\
**Last updated:** [March 20, 2021, 6:09am UTC](https://discourse.uma.xyz/t/poc-proof-of-climate/299 "2021-03-20T06:09:17Z")

</div>

Hey UMA community! I’m Pedrox from Blockzero community and I’m very happy to share with you guys the idea of create a permission-less trust-less insurance/financial protection for small farmers, unbanked farmers and orga…

---

## [ULabs - Building Call Options on UMA (part 1)](https://discourse.uma.xyz/t/ulabs-building-call-options-on-uma-part-1/303)

<div class="topic-metadata">

**Author:** [@Mhairi](https://discourse.uma.xyz/u/Mhairi)\
**Replies:** 0\
**Last updated:** [March 4, 2021, 2:54pm UTC](https://discourse.uma.xyz/t/ulabs-building-call-options-on-uma-part-1/303 "2021-03-04T14:54:20Z")

</div>

uLabs have published part 1 of their latest think piece on financial wizardry over on our Medium. "A call option gives the buyer the right, but not the obligation to buy an asset at a specified price (strike) and a spec…

---

## [A Novel Long-short balance and no ImpermanentLoss Synthetic asset design](https://discourse.uma.xyz/t/a-novel-long-short-balance-and-no-impermanentloss-synthetic-asset-design/235)

<div class="topic-metadata">

**Author:** [@MikeZhang](https://discourse.uma.xyz/u/MikeZhang)\
**Replies:** 4\
**Last updated:** [March 3, 2021, 1:50pm UTC](https://discourse.uma.xyz/t/a-novel-long-short-balance-and-no-impermanentloss-synthetic-asset-design/235 "2021-03-03T13:50:43Z")

</div>

We try to design a mechanism for synthesizing assets to achieve the following goals: Users directly buy and sell to realize short and long; if users want to short, they don’t need to synthesize assets as in the current…

---

## [BTC stored network energy synth](https://discourse.uma.xyz/t/btc-stored-network-energy-synth/244)

<div class="topic-metadata">

**Author:** [@SlowChimera](https://discourse.uma.xyz/u/SlowChimera)\
**Replies:** 2\
**Last updated:** [March 2, 2021, 12:57pm UTC](https://discourse.uma.xyz/t/btc-stored-network-energy-synth/244 "2021-03-02T12:57:53Z")

</div>

The question of where BTC gains its value has been hotly debated, but IMHO its a product of the power that has been put into the bitcoin network. With every block, the bitcoin network grows incrementally more valuable. …

---

## [UMA Sports Oracle](https://discourse.uma.xyz/t/uma-sports-oracle/265)

<div class="topic-metadata">

**Author:** [@Donal](https://discourse.uma.xyz/u/Donal)\
**Replies:** 1\
**Last updated:** [March 2, 2021, 12:04am UTC](https://discourse.uma.xyz/t/uma-sports-oracle/265 "2021-03-02T00:04:09Z")

</div>

Hello, I’m exploring building a sports prediction market on ethereum, could UMA act as an Oracle to settle results? Can anyone point me to material that would show how this would be achieved? The goal would be to start…

---

## [Idea-factory platform](https://discourse.uma.xyz/t/idea-factory-platform/139)

<div class="topic-metadata">

**Author:** [@Mhairi](https://discourse.uma.xyz/u/Mhairi)\
**Replies:** 4\
**Last updated:** [March 1, 2021, 6:55pm UTC](https://discourse.uma.xyz/t/idea-factory-platform/139 "2021-03-01T18:55:41Z")

</div>

Decentralized Startup incubator/funding pool that promotes investing and contributing to ideas

---

## [uNORMIES Synth](https://discourse.uma.xyz/t/unormies-synth/258)

<div class="topic-metadata">

**Author:** [@Oaksprout](https://discourse.uma.xyz/u/Oaksprout)\
**Replies:** 4\
**Last updated:** [February 23, 2021, 7:09pm UTC](https://discourse.uma.xyz/t/unormies-synth/258 "2021-02-23T19:09:39Z")

</div>

uNORMIES DegenFi synth which aims to get exposure to the ongoing influx of inexperienced and gas-sensitive users who can’t afford/don’t know about EthFi. The kind of assets I’d suggest the synth tracks: BSC sub-basket…

---

## [uLabs: Decentralised Structured Products](https://discourse.uma.xyz/t/ulabs-decentralised-structured-products/248)

<div class="topic-metadata">

**Author:** [@Mhairi](https://discourse.uma.xyz/u/Mhairi)\
**Replies:** 0\
**Last updated:** [February 22, 2021, 9:29am UTC](https://discourse.uma.xyz/t/ulabs-decentralised-structured-products/248 "2021-02-22T09:29:46Z")

</div>

The latest proposal from the uLabs team is out, proposing decentralised structured products on UMA. Its actually two proposals in one - a dual currency token which offers a 5% yeild on expiry on one of two currencies de…

---

## [Coinfu.io (workflow automation)](https://discourse.uma.xyz/t/coinfu-io-workflow-automation/142)

<div class="topic-metadata">

**Author:** [@Mhairi](https://discourse.uma.xyz/u/Mhairi)\
**Replies:** 3\
**Last updated:** [February 17, 2021, 1:59am UTC](https://discourse.uma.xyz/t/coinfu-io-workflow-automation/142 "2021-02-17T01:59:19Z")

</div>

Workflow automation for cryptocurrency investors

---

## [Pre-market Protocol](https://discourse.uma.xyz/t/pre-market-protocol/137)

<div class="topic-metadata">

**Author:** [@Mhairi](https://discourse.uma.xyz/u/Mhairi)\
**Replies:** 2\
**Last updated:** [February 16, 2021, 7:33am UTC](https://discourse.uma.xyz/t/pre-market-protocol/137 "2021-02-16T07:33:08Z")

</div>

Synthetic premarket asset protocol built on UMA protocol.

---

## [Vote for your fav Hackathon Build](https://discourse.uma.xyz/t/vote-for-your-fav-hackathon-build/162)

<div class="topic-metadata">

**Author:** [@Mhairi](https://discourse.uma.xyz/u/Mhairi)\
**Replies:** 0\
**Last updated:** [February 10, 2021, 12:28pm UTC](https://discourse.uma.xyz/t/vote-for-your-fav-hackathon-build/162 "2021-02-10T12:28:26Z")

</div>

A big thank you to all of the teams who created such amazing hacks in our EthGlobal Hackathon. We now have to choose a winner for the UMA category, and just so hard to choose when we have so many brilliant developments. …

---

## [ZEUS (sports prediction market)](https://discourse.uma.xyz/t/zeus-sports-prediction-market/143)

<div class="topic-metadata">

**Author:** [@Mhairi](https://discourse.uma.xyz/u/Mhairi)\
**Replies:** 0\
**Last updated:** [February 9, 2021, 3:57pm UTC](https://discourse.uma.xyz/t/zeus-sports-prediction-market/143 "2021-02-09T15:57:59Z")

</div>

sports prediction market + flash loan credit delegation

[Previous page](https://discourse.uma.xyz/c/ideas-bank/23.md?page=1)

[Next page](https://discourse.uma.xyz/c/ideas-bank/23.md?page=3)