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24 May 2020

Better Than HODL? “Oracle-Less” Index Trading Comes to Ethereum via ETHBTC Token

Better Than HODL? “Oracle-Less” Index Trading Comes to Ethereum via ETHBTC Token


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“Oracle-Less” Index Trading Comes to Ethereum via ETHBTC Token.

A “synthetic” token launched on the network earlier this week is the latest to join Ethereum.

UMA is a decentralized contract platform that’s building oracle-free, or less reliant, infrastructure for the Ethereum network.

Two components make up the platform; a decentralized price mechanism and a “synthetic” token issuance platform. .

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