UMA Price UMA

    About UMA

    UMA is an open-source Ethereum token that gives developers the ability to create their digital assets and financial contracts. The purpose of the token is to afford developers Universal Market Access (UMA) to these commodities. The financial contracts offered by the token are priceless; they only require on-chain price feed in case of a dispute. The maximum supply of the token is 101,172,570 coins. With UMA, there is no need to go through brokers when creating future contracts.

    How it works

    The UMA network consists of Token sponsors, UMA Tokenholders, Disputers, Liquidators, and Data Verification Mechanism. The token sponsors lock collateral in smart contracts to mine tokens. Disputers monitor smart contracts, utilizing their off-chain price feeds to check the validity of liquidation. Liquidators monitor the value of collaterals in smart contracts. Network incentives offered by the token ensures that these participants act honestly in their transactions. In the case of malicious actions, the UMA's Data Verification Mechanism comes in to resolve the dispute.

    Release Time: 2020-08-26

    The Grayscale Investment manager undertakes another phase of balancing its Grayscale DeFi fund. This round of rebalance inculcate the adjustment of the project's Digital Large Cap Funds.

    The Grayscale Investment manager undertakes another phase of balancing its Grayscale DeFi fund. This round of rebalance inculcate the adjustment of th

    Investment fund undergoes changes

    Investment fund undergoes changes

    Grayscale rebalanced Defi funds for the second time since the inception in July 2021 and also adjusted the weighting of the digital large-cap fund as we are reading more in our latest cryptocurrency news. The crypto asset manager Grayscale rebalanced the DeFi fund and adjusted the weightings of the digital large-cap fund.

    Grayscale rebalanced Defi funds for the second time since the inception in July 2021 and also adjusted the weighting of the digital large-cap fund as

    Grayscale added AMP to its DeFi Fund, while BNT and UMA will no longer be part of the product.

    Grayscale added AMP to its DeFi Fund, while BNT and UMA will no longer be part of the product.

    Major digital asset manager Grayscale has rebalanced the DeFi Fund for the second time since its inception in July 2021.

    Major digital asset manager Grayscale has rebalanced the DeFi Fund for the second time since its inception in July 2021.

    The world's largest digital currency asset manager announced the updated Fund Component weightings for its products on Tuesday.

    The world's largest digital currency asset manager announced the updated Fund Component weightings for its products on Tuesday.

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