UMA Protocol

Happy UMAY.

All praise the orb.

Good morning, and happy first day of UMAY.

The primary Canadian election market has been resolved and finalized on @Polymarket without dispute.

Over $120M in volume.
Secured by @UMAprotocol.

What is the price of truth?

For oracles, it's exactly the cost of corruption.

Here's how UMA's economic design makes truth the most profitable strategy ↴

🇨🇦

Canadian election odds moving quickly as results come in. 🇨🇦

Live on @Polymarket
Secured by @UMAprotocol

https://polymarket.com/canada

UMA uses economic incentives to make honesty the most profitable strategy.

By making lying expensive, UMA has secured billions in value with a 98.6% dispute-free rate.

Incentives, not complexity, are the foundation of decentralized truth.

Read the full blog below ↴

🔮

UMIP-186: Increase SPAT to 65% in the VotingV2 Contract has passed and is now live.

Here’s what you need to know ↴

The Orb has spoken…

A new upgrade has been cast: UMIP-185 is now live.

UMIP-185 lets the optimistic oracle use a hash and pointers instead of full ancillary data.

This reduces onchain data, cuts gas costs, and boosts efficiency.

The polls are open.

Current odds:
Mark Carney - 78%
Pierre Poilievre - 22%

Volume - $50M+ and counting.

Live on @Polymarket
Secured by @UMAprotocol

UMA has experienced exponential growth in unique voter addresses over the past six months, with a 300% increase.

More individuals bringing truth onchain leads to a more decentralized and resilient voting system.

UMA's Optimistic Oracle has officially processed over 50,000 assertions.

Over 98% have gone undisputed.

Truth. Onchain.

UMA-2869 - Voter dApp update.

Show Polymarket clarifications in voter dApp.

Rory McIlroy wins at Augusta to capture his first Masters title.

UMA verifiers have confirmed Rory McIlroy as the winner of the tournament, resolving the '2025 Masters Winner' market on Polymarket, which saw approximately $7M in volume.

UMA-2761 - Voter dApp update.

Improve: order discussion newest to oldest.

There is a new proposal up for discussion on the UMA discourse.

This proposal modifies the Settlement Price Approval Threshold (SPAT) parameter within UMA’s VotingV2 contract from 50% to 65%.

Leave us your thoughts, link below.

Too many proposals get disputed because they are made too early.

We’re fixing that.

Now, proposers will see this warning before signing.