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UMA - Recent articles

Money being extracted from a blockchain in neon colors.

UMA and Flashbots Launch Oval to Monetize Oracle Extractable Value

Oval's mechanism recaptures up to 90% of lost revenue for lending protocols, contributing to the sustainability of decentralized finance.

What is UMA?

A Step-by-Step Guide to Tokenization of Off-Chain Assets

There’s Now a Token That Tracks Trending WSB Stocks

Degenerative Finance has launched uSTONKS, a synthetic that tracks the ten most bullish Wall Street Bets stocks. The project is a collaboration between Yam Finance and UMA protocol, and is intended to function as a DeFi proxy for hype on Reddit’s WSB. Users who mint and provide liquidity during the first three weeks will receive…

UMA & REN Team up for Bitcoin-Based Yield Dollar

UMA and Ren Protocol are teaming up to offer a Bitcoin-backed stablecoin. The price of UMA’s uUSD stablecoin will tend towards  $1 as it approaches its maturity date, and will be redeemable for $1 of the collateral asset at expiry. In the meantime, the asset fluctuates in value in line with market demand. In the…

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BlackRock Would Still Pursue Spot Ether ETF If Ethereum Cops Securities Designation

BlackRock’s CEO said the SEC classifying Ether as a security would not preclude spot Ethereum ETFs from entering the market.

Pantera-Backed Rollup Omni Network Announces Airdrop

3% of OMNI’s total supply will be airdropped to EigenLayer restakers, ETH stakers, various NFT holders, and Omni community members.

Single Entity Controls Keys to Nearly 50% of All Newly Mined Bitcoin

According to industry experts, the custodian in question is Cobo.

Layer N Launches Testnet, Aims To Host Unified Ecosystem Of Appchains

Layer N said it hosted sustained throughput of 20,000 TPS during closed testnet trials.

Runestones Wants to Become the Biggest Memecoin Community, Says Creator

The airdropped Runestones collection has soared to become the second most valuable NFT collection after CryptoPunks.

Airdrop April Continues as Solana NFT Platform Tensor Launches Token

The airdrop is valued at $250 million with TNSR launching at a $2 billion valuation.