# UMIP 80 -Add SharedStake(SGT) as Collateral

**URL:** <https://discourse.uma.xyz/t/umip-80-add-sharedstake-sgt-as-collateral/1491>\
**Category:** technical UMIPs\
**Created:** [March 2, 2022, 1:58pm UTC](https://discourse.uma.xyz/t/umip-80-add-sharedstake-sgt-as-collateral/1491 "2022-03-02T13:58:24Z")\
**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 2, 2022, 1:58pm UTC](https://discourse.uma.xyz/t/umip-80-add-sharedstake-sgt-as-collateral/1491/1 "2022-03-02T13:58:25Z")

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This UMIP will add SGT as an approved collateral currency. This will involve adding the governance token to the whitelist and adding a flat final fee to charge per-request. The proposed final fee is 30 SGT per request.

The tokenomics of SGT are continuously evolving, with the DAO driving innovation. Reference [Tokenomics - SharedStake](https://docs.sharedstake.org/sgt/tokenomics) to learn more about the tokenomics and distribution of SGT.

> <https://github.com/UMAprotocol/UMIPs/blob/master/UMIPs/umip-80.md>