UMIP 148 -DOM, CRE8R and COMFI as approved collateral currencies

Mhairi · March 3, 2022, 3:39pm

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

UMAprotocol/UMIPs/blob/master/UMIPs/umip-148.md

**UMIP-148**

- **UMIP title:** DOM, CRE8R and COMFI as approved collateral currencies 
- **Author:** Reinis Martinsons (reinis@umaproject.org), Geoff (stadnykgeoff1@gmail.com)
- **Status:** Last Call
- **Created:** 26 January 2022
- **Discourse Link:**

## Summary (2-5 sentences)

This UMIP proposes adding **DOM** 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 148 -DOM, CRE8R and COMFI as approved collateral currencies

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