UMA

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.

ForeProtocol, a prediction market that allows users to create and resolve their own markets, will be launching on November 30th. The platform will utilize UMA's Optimistic Oracle for dispute resolutions.

UMA has achieved a significant milestone as their Optimistic Oracle has successfully validated 10,000 truths onchain. This includes results for oSnap by Snapshot Labs, liquidity balancing for Across Protocol, natural language statements for Polymarket, and soon for Fore Protocol.

The oSnap TVS has reached over $125 million, solidifying its position as a leader in decentralized governance. This milestone is a result of the support from the community, and more achievements are expected in the future. Follow the live TVS for real-time updates.

The Optimistic Oracle recently achieved a new All-Time High TVS, surpassing its previous peak in May 2021. At that time, the total market cap of DeFi was three times larger than it is now.

SavvyDeFi has launched a new integration with oSnap, providing users with immediate liquidity, 0% interest, automatic repayment, and no liquidation risk. The integration also empowers $SVY token holders with fully decentralized governance.

UMA has announced the launch of oSnap, a new feature that expands the functionality of the Safe. Once enabled, oSnap allows users to perform all the actions a Safe can do, including sending funds, deploying tokens, and upgrading contracts. This feature also enables users to run an entire protocol trustlessly, without the need for multisig approval.