UMA
UMA is a decentralized financial contracts platform that empowers developers to create synthetic assets and derivatives on Ethereum. The UMA token is pivotal for protocol governance, dispute resolution, and fostering the ecosystem of permissionless financial contracts.
Pegged 1:1 to the US Dollar
Available on multiple blockchains
The core protocol enabling the creation of decentralized financial contracts and synthetic assets.
A novel dispute resolution mechanism that underpins the UMA protocol by allowing participants to challenge contract outcomes.
A community-driven platform for discussion, proposal submission, and voting on protocol upgrades and changes.