Universal Market Access (UMA) is an Ethereum-based protocol for creating synthetic assets, a class of assets representing different underlying assets with the same value. UMA was launched in December 2018 and described itself as "an optimistic oracle...More built for Web3." An optimistic oracle serves data to smart contracts using a "true unless disputed" escalation game. Using UMA, users can design and create self-executing, self-enforcing financial contracts and run them on Ethereum's blockchain.
A quick snapshot of UMA ROI (return on investment) over different time periods.
A successful project is based on a foundation of a well experienced team. Take a closer look into UMA's team.
Projects with a public Github account have more transparency and reliability. It's best to invest in projects with multiple contributors and commits (code developed and pushed to Github).
We have not found any community for this project on social media platforms. Projects with no community will have a difficult time to become successful. If you think this is wrong please report to email@example.com.
Projects with low liquidity and smaller market cap are generally more risky. As the projects become more popular and traded with more people, they are less volatile and considered better investments.
Check the historical data and price changes on Coingecko.com
We do not have any data on the market cap and liquidity of this project.
Project announcements and news have a significant impact on the price. Below are live updates from UMA's Twitter and Reddit accounts.
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