Tl;dr–UMA’s DVM (Data Verification Mechanism) 2.0 upgrade vote has passed governance. A package up upgrades have taken effect, and notably UMA token-staking is now live. If you’re ready to stake, go to vote.uma.xyz and get started. …

This sounds like they're just doing DAI again, but keeping it ETH-backed, but being more reckless w/ the collateralization ratio haha

tl;dr — UMA is launching token staking. UMA tokenholders will receive streamed rewards when they stake and vote on disputes. This change is part of UMIP 173, which includes other optimizations to voting and security. Key takeaways: $UMA tokenholders will soon be able to stake their tokens to earn streamed rewards. This…

Tl;dr — Snapshot is a beloved governance tool that lets DAOs come to token-based consensus, but it does not have any native way to push results on-chain. oSnap is a joint effort between UMA and Snapshot to add this execution functionality, specifically for (formerly Gnosis) Safe multi-sig wallets. The result…

“Ethereum, Cosmos, Solana– they all hold something in common: they launched in a bear market, when all was quiet in crypto and only the most committed remained. As a result, they were able to accrue a valuable community that sustains them to this day, and that community was able to…

This is being written over the weekend, off the clock, and without any UMA, Polymarket, or Risk Labs approval or association. I’m just a guy writing about something I find interesting. ** I’ve never participated on Polymarket and will not do, so as to avoid any concerns. UMA is an…

Outcome helps DAOs generate positive outcomes with a special flavor of DAO tooling that leverages an optimistic oracle. Outcome is a suite of DAO governance and treasury tools secured by UMA’s optimistic oracle and includes success tokens and KPI options. This tooling is defi-native, optimistically resolved, and trustless. Here is…

The photos in this piece were all taken while in my employ at UMA. I’m sharing them as if to say: Look at the lifestyle I’m able to live while still working! During my employ I’ve lived in the Philippines, Kyrgyzstan, USA, Costa Rica, Germany, and Portugal. My tenure at…

Tl;dr — Last month UMA debuted what we believe to be the first derivative token based on a Twitter metric. This program was designed to plant a tree by donating $1 for each time a specific tweet was retweeted. …