UMA Protocol Overview

Tags
Infrastructure
Blockchains
EthereumPolygon
What is UMA Protocol?

Allows contracts to quickly request and receive data information. The oracle proposes prices and these prices are sent to their Data Verification Mechanism only if disputed. Developers can use their contracts to obtain price information for any length of time without the price needing to be written on chain.

Main Features
Security
Cheap transactions
Easy fund recovery
Dedicated DAO support
Combined security of UMA, Snapshot, and Safe

Frequently asked questions

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