UMA Profile (UMA)
Project Safety Score
Fri, Mar 22, 2024 5:30 AM
| Market Cap | $117,853,677.44 | |
| Market Dominance | 0.0099 | |
| 24hr Volume | $11,766,331.07 | |
| Price | $1.63 |
UMA
token
Ethereum
UMA is a decentralized financial contracts platform built to enable Universal Market Access. UMA builds infrastructure for “priceless” financial contracts: DeFi contracts that minimize oracle usage, avoiding many of the security and scalability issues that have plagued decentralized finance. The first contracts built with UMA are priceless synthetic tokens: ERC20 tokens that can track anything while minimizing the need for on-chain price data. The UMA project token powers the system in two ways: Governance: UMA token holders govern what types of contracts can access the system, which asset types are supported, and key system parameters and upgrades. Price requests: the priceless methodology minimizes on-chain price requests but doesn’t eliminate them — when contract interactions are disputed, UMA token holders fulfill price requests via the Data Verification Mechanism, or DVM. UMA tokens enable the holder to participate in community governance and resolve contract disputes through the DVM. The tokens are not an investment opportunity.
Read more in the whitepaper:- team not submitted
- Dao
- 🔴 Red
- Oracle
- Oracles
- Governance
- Derivatives
- Finance / Banking
- Synthetic Assets
- Synthetic Issuer
- Business Services
- Polygon Ecosystem
- Ethereum Ecosystem
- Avalanche Ecosystem
- Decentralized Derivatives
- Decentralized Finance (defi)
- Ethereum
- Ethereum
- no features
/5
No reviews
Be the first to leave a review75%
Profile Status
How complete is this profile:
Lots of missing data points
This profile is still waiting for the following data points
- project team
- bitcointalk thread
- tradingview profile
Member Signals
/5
( review)UMA Github
UMA Twitter
UMA News
-
Faça parte do ecoterra e transforme seu lixo em ganhos via ...
Wed, Jul 5, 2023 10:11 PM...
read more... -
Por que o preço do Litecoin caiu hoje?
Wed, Jul 5, 2023 10:11 PM...
read more... -
Tokens de renda fixa: ofício da CVM reforça necessidade de adequação e é positivo para o setor
Wed, Jul 5, 2023 9:11 PM...
read more... -
Com funcionam os modelos preditivos de yPredict
Wed, Jul 5, 2023 8:11 PM...
read more... -
Traders de Bitcoin esperam 'comprar a queda' com o preço do BTC chegando a US$ 30.000
Wed, Jul 5, 2023 8:11 PM...
read more...
No one is talking about UMA be the first to start the conversation.
Do you think UMA is a scam project which will disappear in a rug pull in the next few months or do you think UMA is here to stay?
And more importantly let us know your experience and warn others if you have noticed something suspicious.