UMIP 142 -Add AthleteX as collateral currency

Mhairi · March 3, 2022, 3:26pm

This UMIP proposes adding AthleteX for use as collateral in UMA contracts.

UMAprotocol/UMIPs/blob/master/UMIPs/umip-142.md

**UMIP-142**

-   **UMIP title:** Add **AthleteX** as collateral currency 
-   **Author:**  athletexmarkets@gmail.com
-   **Status: Last Call**
-   **Created:**  12/31/2021
-   **Discourse Link:**  https://discourse.uma.xyz/t/whitelist-ax-as-collateral/1250

## Summary (2-5 sentences)

This UMIP proposes adding **AthleteX** for use as collateral in UMA contracts.

## 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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UMIP 142 -Add **AthleteX** as collateral currency

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UMIP 142 -Add AthleteX as collateral currency