Mhairi
March 3, 2022, 3:09pm
1
This UMIP proposes adding DFX for use as collateral in UMA contracts for the Polygon Network. DFX has already been approved for use as collateral on Ethereum.
## Headers
UMIP-128
- UMIP title: Add DFX as a Polygon collateral currency
- Author: Chandler (chandler@umaproject.org)
- Status: Last Call
- Created: 10 September 2021
## Summary (2-5 sentences)
This UMIP proposes adding **DFX** for use as collateral in UMA contracts for the Polygon Network. DFX has already been approved for use as collateral on Ethereum.
## Motivation
The addition of this collateral currency offers additional functionality to the UMA protocol and increases the range of contracts that can be built.
## Technical Specification
To accomplish this upgrade, the following changes need to be made:
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