Basic Information
Name of Project: UMA
Ticker: UMA
About
UMA is a decentralized financial contracts platform built to enable Universal Market Access. UMA is designed to power the financial innovations made possible by permissionless, public blockchains, like Ethereum. Using concepts borrowed from fiat financial derivatives, UMA defines an open-source protocol that allows any two counterparties to design and create their own financial contracts. But unlike traditional derivatives, UMA contracts are secured with economic incentives alone, making them self-enforcing and universally accessible.
Details
Total supply: 100,684,611 UMA
Total circulation: 54,469,837 UMA (8/31/2020)
Other Information
Official website: https://umaproject.org/
Whitepaper: https://github.com/UMAprotocol/whitepaper
Disclaimer
This document is compiled from the official whitepaper and relevant documents provided by the project team to provide investors an overview of the cryptocurrency. The information contained in this document is collected legally. We make every effort to provide reliable, complete and accurate information. However, we do not guarantee the accuracy and completeness of the information. The information shall not be regarded as advice, legal proof or evidence, whether explicit or implied.
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