UMA (UMA) is a cryptocurrency and operates on the Ethereum platform. UMA has a current supply of 123,893,558.19775916 with 85,969,536.26998078 in circulation. The last known price of UMA is 1.2472903 USD and is down -2.89 over the last 24 hours. It is currently trading on 282 active market(s) with $16,048,489.18 traded over the last 24 hours. More information can be found at https://umaproject.org/.
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TL;DR EigenLayer partners with UMA and Polymarket to create a next-generation oracle system, enhancing prediction market oracles' reliability and functionality. The new oracle system leverages EigenLayer's restaking mechanism and EIGEN token, along with UMA and Polymarket's expertise, to align dispute resolutions with community consensus.
EigenLayer, Polymarket, and UMA have announced a collaboration to explore and potentially develop a next-generation oracle system. The post EigenLayer, Polymarket, and UMA Join Forces to Develop Next-Gen Oracle System appeared first on Cryptonews.
TL;DR Lightspark launched updates at its first Partner Summit in Los Angeles, including UMA Auth, UMA Request, and Lightspark Extend, as well as the new solution Spark. UMA is an open-source messaging standard that facilitates real-time transactions with various forms of value.