UMA (UMA) Price
Historical UMA price chart and current UMA price.
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What is UMA?
Universal Market Access is a protocol facilitating the creation of synthetic assets on the Ethereum blockchain. Its open source infrastructure is designed to minimize the reliance of smart contracts on oracles and includes a data verification mechanism as a way to handle disputes on oracle provided data and on contract liquidation due to undercollaterization. The UMA token is used as a voting token for the data verification mechanism.
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