UMA UMA
Report IssueUMA is a project that aims to connect smart contracts to any data, anywhere. It is the first optimistic oracle aimed at making global markets fair, accessible, secure and decentralized. UMA also offers staking as part of the UMA 2.0 roadmap, where active members of the network can earn rewards.
Details
$1.089
-1.67%
#327
DeFi
ByBit 
Gate 
Score Sentiment Neutral
Fundraising Statistics
$1.09 -1.67%
$0.26
Blockchain Capital Tier 1
IOSG Ventures Tier 2
Placeholder Tier 2 UMAUMA
USDCUSD Coin
Avalanche
Energi
Short Review UMA
Crypto project UMA (UMA) is classified as a DeFi. UMA is a Utility token that is hosted on the Ethereum Network.
UMA (UMA) price during the token sale: 0.26 USD.
UMA Price Chart
The launch of UMA token trading took place on 29 April, 2020.
Total sold 4.70 M UMA tokens (4.70% of total tokens). Total amount of funds raised by the UMA project is $2.60 M.
UMA Investors
Blockchain Capital Tier 1 IOSG Ventures Tier 2 Placeholder Tier 2
Wintermute --UMA Cryptocurrency
UMA is unique compared to other cryptocurrencies because it is the first optimistic oracle that connects smart contracts to any data, anywhere. It provides economic guarantees to the Optimistic Oracle and relies on a community of token holders to act as voters to resolve disputes or issues. Those who vote with the majority are rewarded, creating an incentive to participate. In addition, UMA is launching token staking, allowing token holders to stake their UMA and receive rewards for voting on disputes. This combination of an optimistic oracle and token staking sets UMA apart from other cryptocurrencies.
