# UMIP 105 -Add BASK as a supported collateral typ

**URL:** <https://discourse.uma.xyz/t/umip-105-add-bask-as-a-supported-collateral-typ/1517>\
**Category:** technical UMIPs\
**Created:** [March 3, 2022, 11:26am UTC](https://discourse.uma.xyz/t/umip-105-add-bask-as-a-supported-collateral-typ/1517 "2022-03-03T11:26:22Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![Mhairi](https://yyz2.discourse-cdn.com/flex032/user_avatar/discourse.uma.xyz/mhairi/32/48_2.png) [@Mhairi](https://discourse.uma.xyz/u/Mhairi)\
**Post date:** [March 3, 2022, 11:26am UTC](https://discourse.uma.xyz/t/umip-105-add-bask-as-a-supported-collateral-typ/1517/1 "2022-03-03T11:26:22Z")

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The BASK token is the Governance token for the Basket DAO Protocol. Adding BASK as a price collateral currency for the creation of synthetic tokens is the purpose of this collateral UMIP.

> <https://github.com/UMAprotocol/UMIPs/blob/master/UMIPs/umip-105.md>