The Umia Stack: The Toolset for the New Token
Umia exists to make the token the best primitive for launching, funding, and governing a project. Here is how the stack works.
Umia exists to make the token the best primitive for launching, funding, and governing a project. For this to happen, you need a structure that supports the purpose of the token throughout its entire life cycle: the initial TGE, the development of the project itself, its GTM and distribution, and its governing throughout.
Today's tokens fail at all of these in many ways, including:
- Trust gap. Holding a token rarely buys real say or accountability. Most "governance" rubber-stamps a decision already made.
- Operational debt. The token becomes a second product to maintain instead of the thing that grows the project.
- Adverse launches. Sniped, MEV-ridden, or live with barely any supply circulating.
Umia rebuilt the token framework to fix all three.
Tailored Auctions: raise from your community
Most launches are stacked against both founders and token holders. Snipers and MEV skew the distribution, and a free-for-all pushes out the earliest believers. Tailored Auctions, built on Uniswap's Continuous Clearing Auctions, run fully onchain, discover price gradually instead of in a land grab, and seed a treasury-owned liquidity pool the moment they close.
You also choose who shows up. The Umia extension gates entry on any signal worth checking, verified privately with zero-knowledge proofs, so a community bucket onboards your earliest supporters without anyone linking identity to wallet. First raise or migration, the auction fits projects at any stage. Read more in our tailored auctions article.
Decision markets and the treasury: govern with markets, fund as you go
Onchain coin-voting is just an opinion poll. Umia replaces it with decision markets: for any proposal, traders price the token under each outcome over a time window, and the market's answer is the one that carries. Governance becomes price discovery, not a popularity contest. Find out more on how it works in our in-depth article.
The treasury sits on top. This is no team multisig: the team draws a fixed monthly allowance, and everything structural (minting, bigger budgets, deploying funds, winding down) clears a market first. Capital lands in a non-custodial contract. A portion of trading fees is routed to the contract, which helps extend runway. Funding stays fluid: hold the capital, operate on the allowance, let the community size new spend as you go. If you ever need to fund further, just ask the decision market for another round.
An all-for-one legal structure
Most token projects are a maze: a foundation here, a dev lab there, a DAO with no legal standing. Umia, in partnership with MetaLex, puts treasury, IP, contracts, and team under one Segregated Portfolio Company, with each project ring-fenced in its own portfolio. Onchain decisions carry real legal weight, so a resolved market is a board resolution the team must follow.
Not a lock-in, either. Go private, list, or switch mechanisms whenever it fits. The only condition is that the exit clears a decision market, like any structural change. You can read more about our full setup here.
How it stacks
The legal structure is the ground: one accountable entity. Tailored Auctions bring capital in on the right terms. Decision markets and the treasury run the venture once live. Remove one and the rest lose their footing.
Umia runs on its own stack: same SPC, same markets, same treasury rules. Umia is the first venture built on Umia.
The result: markets surface the best outcomes, founders build sustainably, and the community is part of the ride from day one.
See it or join the first launches at umia.finance. Follow on X and Telegram.