💥$UMA Can it be held in spot!!!
#UMA is a decentralized financial contract platform used to create, maintain, and settle "priceless" financial contracts on Ethereum. The system consists of priceless financial contract design and a decentralized oracle mechanism.
The UMA protocol allows any two counterparties to design and input their own customized financial contracts. The UMA architecture establishes a framework for creating synthetic assets on Ethereum by combining two different components:
① A framework for designing self-executing priceless financial contracts,
② A decentralized oracle mechanism known as the data validation mechanism. 【Priceless DeFi Contracts】 👍👍👍
Individuals are also very optimistic about the UMA token, so A Ye is leading fans to build a position around the current price of 1.34, with clear support at the bottom, and contract players can wait for a pullback to go long.