UMA Blog

UMA Blog

A Protocol for Building Synthetic Assets. Write self-enforcing smart contracts with economic guarantees.

UMA — In Case You Missed It Issue #1 Week Ending Jan 31

9 Feb 2021 2 minute read 0 comments UMA

UMA has been up to so much in 2020 that we did not even have time to tell you all about it. Our new year’s resolution has been to change this, and one of many efforts to this end is to publish an “ICYMI” twice a month. This one is already a bit late...

Bitcoin Dominance on UMA: Announcing the Domination Finance Team

9 Feb 2021 2 minute read 3 comments UMA

Tl;dr — A team that has been working in pseudo stealth alongside UMA for the last 3 months launches their inaugural products today: BTCDOM and ALTDOM. Tradable now, these derivatives give traders access to these oft-referenced indexes. The team, Domi...

UMA Token Release & Treasury Update

4 Jan 2021 4 minute read 0 comments UMA

TL;DR: UMA founders and early investors have agreed to an additional two-year lockup; the Risk Labs Foundation now holds over $15mm in non-UMA assets; 2021 is going to be wild with more developer mining, new perpetual synthetic assets, and an “optimi...

UMA x YAM Collaboration

15 Dec 2020 3 minute read 0 comments UMA

We are excited to announce a collaboration with our friends at the YAM Finance team. The introduction of developer mining and the creation of uLABS have set UMA on the path to better focus on building a stronger and more robust protocol and oracle wh...

UMA Announces Developer Mining

13 Nov 2020 3 minute read 2 comments UMA

An Evolution of Liquidity Mining: Give Devs the Capital Starting on November 10th, the Risk Labs foundation will pay out 50,000 $UMA weekly to developers that deploy synthetic assets using UMA. Each developer’s share of the rewards will be weighted b...