UMA

An oSnap proposal has been submitted to TDeveloper DAO with the aim of streamlining their governance and providing autonomy to $CODE holders for onchain proposal execution.

Epoch Island, a DAO with the goal of creating the first Network State by 2030, has announced the integration of oSnap for fully decentralized governance.

ForeProtocol has officially launched their onchain prediction ecosystem on Arbitrum Mainnet, secured by UMA's Optimistic Oracle. Users can participate, create, and validate prediction markets and earn $FORE rewards. To become a market validator, interested individuals can refer to the team's blog post or join the Discord for more information.

UMA's AcrossProtocol, a bridge built and secured by UMA, is gaining market share and is set to become the largest non-canonical bridge.

UMA is proud to announce the 5 winners of the ETHGlobal Istanbul hackathon. The event was a success for the UMA team and some impressive products were built using the UMA infrastructure.

Over the last two years, there has been a steady increase in traffic from ETH mainnet to Optimistic Oracle. With the deployment of #oSnap on Arbitrum, there is speculation on whether Arbitrum assertions will surpass mainnet.

The UMA community has introduced AcrossProtocol as the standard for bridging. Across is an EVM compatible bridge that is designed to be the fastest and cheapest option, while also optimizing gas efficiency. The bridge relies on 3rd party relayers to fulfill user intentions and benefits from the security provided by UMA's Optimistic Oracle.

October 2023 has witnessed a significant increase in OO disputes, tackling controversial topics and demonstrating the strength of the dispute process. The UMA community is pushing the boundaries of what can be brought on-chain.

UMA stakers utilize shielded votes to resolve disputes and distribute bonds when assertions to the Optimistic Oracle are disputed.

The UMA team will be attending the EFDevconnect Istanbul event to promote the oSnap project. Hackers building on the AcrossProtocol platform may have the opportunity to see something exciting. Additionally, UMA is partnering with The Rollup Co. to provide exclusive content at the event.