MEV/OEV Democratization Discussed by UMA Protocol and SEDA
MEV/OEV Democratization Discussed by UMA Protocol and SEDA
💰 MEV/OEV Leak Sparks Debate
UMA Protocol and SEDA, two projects working towards a fairer and more democratized future for Miner Extractable Value (MEV) and Operator Extractable Value (OEV), have discussed strategies for the fair capture and distribution of these values on the blockchain. Over the past month, MEV/OEV has leaked over $100 million, highlighting the need for solutions. The discussion covered topics such as the differences between MEV and OEV, who deserves to capture these values, and designs for the future. A recap blog post and a co-authored blog were released to provide insights into the discussion.
MEV/OEV has leaked over 100m USD in the past month- SEDA & @UMAprotocol discuss OEV democratization. Ep #6 recap blog is out now. If you missed @CampbellEaston & @jasperflux breakdown OEV, then catch up on the latest below👇 Topics Discussed - What is MEV? - How does MEV
| @UMAprotocol joins SEDA to discuss MEV/OEV fair capture & distribution on the blockchain. Level up your MEV understanding with @CampbellEaston (UMA) & @Jasperflux (SEDA), representing two projects building for a fairer MEV future. Details 👇 Where: x.com/i/spaces/1zqKV…
∼30K ETH Has Been Lost To MEV In The Past Month. SEDA & @UMAprotocol are two projects building for a fairer and democratized MEV/OEV future. Understand MEV & OEV in our co-authored blog below or Tune into our spaces tomorrow alongside @jasperflux & @CampbellEaston 👇Links
UMA Doubles Minimum Stake Requirement for Voting Gas Rebates to 1000 Tokens
**UMA increases voting participation barrier** Starting November 1st, UMA voters need to stake **1000 $UMA tokens** (up from 500) to qualify for gas rebates. This follows the initial introduction of minimum staking requirements in February 2025, when rebates shifted from universal coverage to requiring 500+ tokens. **Key changes:** - Minimum stake doubles from 500 to 1000 $UMA - Gas rebate eligibility becomes more restrictive - Change reflects ongoing cost management efforts The adjustment continues UMA's strategy to control rebate expenses, which previously surged 5x since July 2024. Full details: [docs.uma.xyz/using-uma/votin](https://docs.uma.xyz/using-uma/votin)
UMA's Optimistic Oracle Secures Polymarket with Real-World Data
**UMA's Optimistic Oracle** brings real-world data onchain to secure prediction markets like Polymarket. The system works through **three key steps**: - **Proposal**: Event outcomes are submitted to the oracle - **Challenge Period**: Proposed outcomes can be disputed within a set timeframe - **Resolution**: Challenged outcomes trigger decentralized dispute resolution This **decentralized approach** eliminates single points of failure, ensuring fair and trustworthy market outcomes through consensus rather than centralized control. **Key achievements**: - Resolved over **10,000 markets** for Polymarket - Secures multiple prediction platforms including poly_bet, ForeProtocol, and predictdotfun The Optimistic Oracle addresses prediction markets' core challenge: **accurately determining real-world event outcomes onchain** while maintaining decentralized integrity.
UMA Voting Platform Restored After Technical Issues
UMA has resolved technical issues that prevented votes from displaying in their dApp frontend. **Key Points:** - Voting functionality has been fully restored - Users can now participate in the current voting round - Platform offers up to 17% APR for staking and voting **What You Can Do:** - Visit [vote.uma.xyz](https://vote.uma.xyz/) to participate - Stake tokens to earn rewards while voting - Don't miss the current voting round The fix ensures voters can once again access UMA's oracle governance through the main interface.
Across Protocol V4 Announces Integration with Succinct Labs and UMA Protocol
Across Protocol has unveiled Version 4 of their bridge solution, marking a significant technical upgrade to their infrastructure. - Integration with Succinct Labs brings enhanced zero-knowledge proof capabilities - Security framework reinforced through UMA Protocol's optimistic oracle system - New version aims to improve cross-chain transaction efficiency The collaboration represents a strategic enhancement of Across's bridging architecture, combining Succinct's ZK technology with UMA's battle-tested security mechanisms.
UMA Dispute Voting Reaches 333 Unique Commits with 23.4M Tokens Staked
The latest UMA dispute voting round demonstrated significant participation with **333 unique commit addresses** and over **23.4M $UMA tokens** staked. This continues the protocol's growth trajectory from Q4 2024, when it first achieved an average of 100 commits per vote, later peaking at 462 commits in a single round. - 333 unique commit addresses - 23,484,787.52 $UMA tokens staked - Consistent growth from Q4 2024 Participate in securing truth onchain at [vote.uma.xyz](https://vote.uma.xyz/)