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UMA stands for Universal Market Access and our mission is to make markets universally fair, accessible, secure, and decentralized. UMA is an optimistic oracle (OO) that can provide and verify arbitrary data on-chain. Thus we secure markets and smart contracts across Web3. The OO tells smart contracts “things about the world” so they can enforce real-world payout conditions. It has been called “a truth machine.”
Founded in 2018
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