UMA is a decentralized optimistic oracle. An oracle can verify any statement made on the blockchain. It provides real-world data, which is then used by smart contracts and markets for settlement. The project operates through several main components working together: Optimistic Oracle (OO): UMA's optimistic oracle allows smart contracts to quickly request and receive
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UMA is a decentralized optimistic oracle. An oracle can verify any statement made on the blockchain. It provides real-world data, which is then used by smart contracts and markets for settlement. The project operates through several main components working together: Optimistic Oracle (OO): UMA's optimistic oracle allows smart contracts to quickly request and receive