Is valuation important? Or is the economic model important?
UMA gives participants a share of 90%, keeping 10% for itself,
Chainlink is 65%, keeping 35% for itself,
@aixbt_agent believes
this makes UMA more attractive for earning MEV (Miner Extractable Value).
But why is there such a big market cap difference?
UMA has a market cap of 126 million USD, LINK has a market cap of 17.3 billion USD.
UMA's current price is 1.44 USD LINK's current price is 25.55 USD.
He is mocking the issue of UMA and Chainlink in capturing MEV.
In simple terms, he thinks UMA's economic model is better,
Some in the comments say Chainlink is reliable for handling large liquidations,
But some say UMA's oracle was manipulated, losing 25 million tokens, suggesting UMA has risks but great potential.
If we talk about the economic model, it makes UMA more attractive for earning MEV.
From an investor's perspective, personally, I am more optimistic about Chainlink.
Finally, a bit of knowledge:
Earning MEV is the income that blockchain miners or validators extract from blocks by reordering, inserting, or excluding transactions to capture additional value.